An AI-driven bubble is forming in Oracle’s NYSE: ORCL shares, which is only getting bigger. The FQ4 release highlights a supply-demand situation in which demand outpaces supply, and Oracle invests to meet the need. Demand and budding partnerships with major cloud providers such as Microsoft NASDAQ: MSFT and Google NASDAQ: GOOG are elevating this company into the pantheon of AI powerhouses, the few companies able to capitalize and monetize AI. Fiscal 2024 was a game-changing year, and 2025 will only be bette ...

I Like That OneOracle Corp. (NYSE:ORCL) reported a strong end to FY24 with cloud services driving significant growth at the top line. This growth was paired with strength in margins with Oracle’s adjusted operating margin and aEBITDA margin expanding to 44% and 55%, respectively, showing the durability in scaling OCI across the firm’s operations. Using management’s commentary as a guide, I believe Oracle can continue this exceptional growth rate as the firm continues to build larger and larger data cent ...

Loading...Loading...With U.S. stock futures trading higher this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:Wall Street expects Broadcom Inc. AVGO to report quarterly earnings at $10.84 per share on revenue of $12.03 billion after the closing bell, according to data from Benzinga Pro. Broadcom shares rose 0.8% to $1,472.70 in after-hours trading.Oracle Corp ORCL posted weaker-than-expected earnings for its fiscal fourth quarter. The company also announced a par ...

After Oracle (ORCL) reported fiscal fourth-quarter earnings that missed estimates and announced large cloud infrastructure deals with Microsoft (MSFT), OpenAI, and Alphabet's (GOOGL) Google Cloud, company executives joined the company's earnings call Tuesday to discuss the new partnerships, how artificial intelligence (AI) could drive growth for Oracle, and more. Cloud Infrastructure Deal With Microsoft and OpenAI for AI Training Oracle announced a partnership with Microsoft and ChatGPT maker OpenAI to ...

Oracle Corporation (NYSE:ORCL) Q4 2024 Earnings Conference Call June 11, 2024 5:00 PM ET Company Participants Ken Bond - SVP, IR Larry Ellison - Chairman and CTO Safra Catz - CEO Conference Call Participants Raimo Lenschow - Barclays Brad Zelnick - Deutsche Bank Siti Panigrahi - Mizuho Securities Alex Zukin - Wolfe Research Kirk Materne - Evercore ISI John DiFucci - Guggenheim Securities Operator Thank you. Good day, everyone, and welcome to Oracle's Fourth Quarter 2024 Earnings Call. Today's call is being ...

For the quarter ended May 2024, Oracle (ORCL) reported revenue of $14.29 billion, up 3.3% over the same period last year. EPS came in at $1.63, compared to $1.67 in the year-ago quarter.The reported revenue represents a surprise of -1.83% over the Zacks Consensus Estimate of $14.55 billion. With the consensus EPS estimate being $1.64, the EPS surprise was -0.61%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectation ...

Oracle (ORCL) came out with quarterly earnings of $1.63 per share, missing the Zacks Consensus Estimate of $1.64 per share. This compares to earnings of $1.67 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -0.61%. A quarter ago, it was expected that this software maker would post earnings of $1.37 per share when it actually produced earnings of $1.41, delivering a surprise of 2.92%.Over the last four quarters, the company has ...

Beamr is Powered by Oracle Cloud and Now Available in the Oracle Cloud Marketplace Herzliya, Israel, June 11, 2024 (GLOBE NEWSWIRE) -- Beamr Imaging Ltd. (NASDAQ: BMR), a leader in video optimization technology and solutions, and a member of Oracle PartnerNetwork (OPN), today announced that its Beamr Cloud solution has achieved Powered by Expertise and is now available in the Oracle Cloud Marketplace. Enabled by NVIDIA accelerated computing, Beamr Cloud offers added value to Oracle Cloud Infrastructure (OC ...

   Q4 FY24 Analyst Estimates for Q4 FY24 Q4 FY23Revenue$14.29 billion$14.57 billion$13.84 billionDiluted Earnings Per Share$1.11$1.17 $1.19Net Income $3.14 billion $3.31 billion$3.32 billion Oracle announced a partnership with Microsoft and ChatGPT maker OpenAI to extend Microsoft's cloud platform, Azure Al, to Oracle Cloud Infrastructure (OCI) to provide additional capacity for OpenAl. "We are delighted to be working with Microsoft and Oracle. OCI will extend Azure's platform and enable OpenAI to continue ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...