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Oracle seen delivering higher revenues on cloud strength for fiscal Q4
Proactiveinvestors NA· 2024-06-07 14:18
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Stay Ahead of the Game With Oracle (ORCL) Q4 Earnings: Wall Street's Insights on Key Metrics
ZACKS· 2024-06-06 14:15
Wall Street analysts expect Oracle (ORCL) to post quarterly earnings of $1.64 per share in its upcoming report, which indicates a year-over-year decline of 1.8%. Revenues are expected to be $14.56 billion, up 5.2% from the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a company announces its earnings, it is essential to take i ...
Up 14% YTD, How Will Oracle Stock Trend After Q4 Results?
Forbes· 2024-06-06 13:00
The Oracle logo is on display at their pavilion at the Mobile World Congress in Barcelona, Spain, on ... [+] February 28, 2024. Oracle, an American multinational computer technology company, is showcasing its database software and cloud computing products, such as enterprise resource planning (ERP), human capital management (HCM), customer relationship management (CRM), and enterprise performance management (EPM). (Photo by Joan Cros/NurPhoto via Getty Images)NurPhoto via Getty ImagesOracle (NYSE: ORCL) sto ...
Does Oracle's (ORCL) Healthcare Roster Suggest Bright Prospects?
ZACKS· 2024-06-05 16:06
Oracle (ORCL) has been constantly innovating in the healthcare sector to help organizations drive operational efficiency and financial outcomes. This constant innovation toward its customers remains a positive for the company.Oracle Health RevElate Patient Accounting is enhancing billing accuracy and accelerating reimbursements for Charleston Area Medical Center, Inc. (“CAMC”).By implementing this electronic health record-agnostic solution across its ambulatory clinics and four Charleston facilities, CAMC h ...
3 S&P 500 Stocks to Buy in June Before They Ascend to New Heights
Investor Place· 2024-06-05 10:30
As the month of June kicks off, there are several S&P 500 stocks to buy that showcase a promising future. With market sentiment shifting in response to global events, inflation data and Federal Reserve policies, investors remain keen to identify stocks with substantial growth potential.Identifying promising S&P 500 stocks involves a multi-faceted approach, including analyzing company financials, industry trends and market positioning. However, even if you can get this right, there is still the possibility o ...
Oracle: Strong EPS Growth Expected In 2025 And 2026, Watching Q4 Margins (Rating Upgrade)
Seeking Alpha· 2024-06-05 06:05
Marlon Trottmann We are finally beginning to see some bifurcation in the AI arms race. While capex and corporate investment into the emerging technology remains robust, the "buy everything" zeitgeist has broken down in recent months. The winners are, of course, semiconductor stocks while the apparent losers, for now, include many software companies. The iShares Expanded Tech-Software Sector ETF (IGV) is now negative on the year, sharply underperforming the VanEck Semiconductor ETF (SMH) as well as the Infor ...
Oracle Sets the Date for its Fourth Quarter Fiscal Year 2024 Earnings Announcement
Prnewswire· 2024-06-04 20:05
Earnings Results to be released on June 11, 2024, After the Close of the MarketAUSTIN, Texas, June 4, 2024 /PRNewswire/ -- Oracle Corporation today announced that its fourth quarter and fiscal year 2024 results will be released on Tuesday, June 11th, after the close of the market.  Oracle will host a conference call and live webcast at 4:00 p.m. Central Time to discuss the financial results.  The live webcast will be available on the Oracle Investor Relations website at www.oracle.com/investor.About OracleO ...
Brokers Suggest Investing in Oracle (ORCL): Read This Before Placing a Bet
ZACKS· 2024-06-04 14:36
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about Oracle (ORCL) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Oracle currently has an average brokerage recommendation (ABR) of ...
Oracle (ORCL) Exceeds Market Returns: Some Facts to Consider
ZACKS· 2024-06-03 22:51
Oracle (ORCL) ended the recent trading session at $119.28, demonstrating a +1.78% swing from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 0.11% for the day. Meanwhile, the Dow lost 0.3%, and the Nasdaq, a tech-heavy index, added 0.56%.Heading into today, shares of the software maker had gained 1.2% over the past month, lagging the Computer and Technology sector's gain of 7.61% and the S&P 500's gain of 5.06% in that time.The investment community will be payin ...
Oracle Plans to Open Two Public Cloud Regions in Morocco
prnewswire.com· 2024-05-30 07:00
Oracle will be the first hyperscaler to open public cloud regions in North Africa New public cloud regions will help accelerate the implementation of Morocco's digital government initiativesOrganizations across Africa will be able to drive innovation and accelerate digital transformation with Oracle Cloud Infrastructure's high performance and security, powerful data and AI, and distributed cloud capabilities AUSTIN, Texas and CASABLANCA, Morocco, May 30, 2024 /PRNewswire/ -- Oracle today announced plans to ...