Core Insights - The discussion revolves around the expectations and dependencies on artificial intelligence (AI) by the year 2029, highlighting the importance of AI in achieving certain targets [1] Group 1 - The dependency on AI is projected to significantly increase by 2029, indicating a critical role in future developments [1]

AI has unlocked a new growth driver for this technology company.Nvidia has been a bellwether in the artificial intelligence (AI) space thanks to its graphics processing units (GPUs) that have played a crucial role in the training and deployment of AI models. But the stock has fallen out of favor of late as investors are worried about its slowing growth.This is evident from the fact that the stock is down 5% since releasing its fiscal 2025 second-quarter results on Aug. 28. The chipmaker's quarterly revenue ...

Oracle Health delivers free code to enable organizations to securely access a Veteran's health history to help ensure timely and accurate treatment no matter where care is receivedAUSTIN, Texas, Sept. 17, 2024 /PRNewswire/ -- Oracle Health today released new code that will enable its customers to support the Veteran Interoperability Pledge. A framework that allows US Department of Veterans Affairs (VA) and community providers to securely share patient health information, the Pledge supports the care of Vete ...

Tech stocks have delivered remarkable returns in 2024, with investors regularly clamoring for exposure. One of those stocks in particular, Oracle (ORCL) , recently delivered quarterly results that caused shares to melt higher post-earnings.The company offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. Up more than 60% in 2024, the company’s quarterly results have regularly brought post-earnings fireworks, as shown below.Image Source: Zacks Investment Researc ...

New release delivers 12 JDK Enhancement Proposals that help developers increase productivity by improving the Java language Enhancements to the platform's performance, stability, and security help organizations accelerate business growthJava Management Service 9.0 and Graal JIT Compiler help organizations manage Java applications and improve peak performance AUSTIN, Texas, Sept. 17, 2024 /PRNewswire/ -- Oracle today announced the availability of Java 23, the latest version of the world's number one programm ...

Key TakeawaysOracle shares will likely remain in focus on Tuesday after jumping more than 5% to a new record high yesterday following recent bullish coverage from investment firms.Gains in the stock accelerated last week on the highest trading volume since mid-December, though the relative strength index indicates overbought conditions, potentially leading to short-term profit taking.Investors should monitor key retracement levels on Oracle's chart at $145 and $127.A bars pattern price target, which extract ...

Financial Crime and Compliance Management Monitor delivers advanced visualizations to support banks in managing risk and meeting compliance analysis and reporting requirementsAUSTIN, Texas, Sept. 17, 2024 /PRNewswire/ -- Oracle today announced Oracle Financial Crime and Compliance (FCCM) Management Monitor Cloud Service. With the new solution banks, fintechs, and other financial services companies can gain a holistic, centralized view of their FCCM efforts, enabling them to identify potential issues faster ...

Leading hotel brand to centralize its operations and data on the secure Oracle Hospitality Cloud platformAUSTIN, Texas, Sept. 17, 2024 /PRNewswire/ -- Hyatt (NYSE: H) has chosen the Oracle OPERA Cloud hospitality platform as the property management system (PMS) for its global hotel portfolio. With OPERA Cloud, Hyatt properties will be able to standardize its operations and data management across more than 1,000 hotels and all-inclusive properties. With a modern data platform delivering a common user interfa ...

Key TakeawaysOracle stock was one of the top performers in the S&P 500 on Monday, jumping to an all-time high.The gains came as Jefferies analysts lifted their price target on shares of the software giant and Melius upgraded Oracle stock to "buy."Analysts believe Oracle's strength in cloud infrastructure and partnerships with major cloud players will drive revenue growth. Oracle (ORCL) shares jumped to a record high on Monday, after a pair of investment firms commended the software giant's advancements and ...

Analysts continue to upgrade the tech giant following its earnings report last week.Shares of Oracle (ORCL 5.13%) were moving higher today as the tech giant continued to win acclaim from Wall Street analysts, a week after the company posted a strong fiscal first-quarter earnings report as the company's cloud infrastructure business continues to surge in the artificial intelligence (AI) era.As of 1:14 p.m. ET, the stock had jumped 6.3% on the news. Oracle still looks overlookedIn the aftermath of gains follo ...