Oracle (ORCL) Retail Merchandise Financial Planning Cloud Service (MFP) has been implemented by Ackermans, a leading value retailer, marking a significant upgrade from the latter’s previous Enterprise Planning (EP) system. The decision to replace the outdated EP system with Oracle MFP came after a comprehensive market evaluation and tender process. Ackermans sought a more robust and efficient solution that could better address the company's evolving needs. After careful consideration, Oracle emerged as the ...

Oracle's talks with xAI have reportedly stalled.One artificial intelligence (AI) stock that has been getting some attention lately is Oracle (ORCL -1.16%).A couple of months ago, media outlets reported that Oracle was rumored to be in negotiations for a $10 billion cloud server contract with Elon Musk's AI start-up, xAI.However, recent stories from Bloomberg and Reuters suggest that talks between xAI and Oracle have subsided. While this is an unfortunate development, I still see many reasons to own Oracle s ...

You can tell it’s the dog days of summer by the kind of business news covered by the media. On July 9, Oracle (NASDAQ:ORCL) announced a tie-up with Palantir Technologies (NYSE:PLTR) that seemed to move both Oracle and Palantir stock.“Oracle today announced that Palantir’s Foundry Platform and Artificial Intelligence Platform are certified on Oracle Cloud Infrastructure and generally available across all of Oracle’s distributed cloud deployment options,” the Oracle press release stated.InvestorPlace’s Samuel ...

A month has gone by since the last earnings report for Oracle (ORCL) . Shares have added about 1.2% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Oracle due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Oracle Q4 Earnings Miss Estimates, Revenues Rise Y/YOracle re ...

With up to 95 percent reduction in infrastructure costs, organizations of any size can now benefit from using Oracle ExadataNew service unites the best of Exadata's database intelligent architecture and cloud elasticity to deliver extreme performance for AI, analytics, and mission-critical workloads at any scaleAUSTIN, Texas, July 11, 2024 /PRNewswire/ -- Oracle today announced the general availability of Exadata Exascale, an intelligent data architecture for the cloud that provides extreme performance for ...

Ahold Delhaize, Hitachi Construction Machinery, Lemtrans, and Mazda Motors Logistics Europe N.V. move their business-critical VMware environments to Oracle Cloud VMware Solution  Latest OCI Compute with AMD, Intel, and NVIDIA processors give Oracle Cloud VMware Solution customers greater scale, performance, and address new use cases like virtual desktops and AI and ML AUSTIN, Texas, July 10, 2024 /PRNewswire/ -- Global organizations across industries including Ahold Delhaize, Hitachi Construction Machinery, ...

Oracle (ORCL) has announced a significant collaboration with Palantir Technologies (PLTR) , marking a new chapter in the realm of cloud computing and artificial intelligence (AI). The tech giant revealed that Palantir's Foundry Platform and Artificial Intelligence Platform (AIP) have been certified on Oracle Cloud Infrastructure ("OCI") and are now generally available across all of Oracle's distributed cloud deployment options. This partnership aims to leverage Oracle's robust distributed cloud, AI infrastr ...

New Oracle Argus and Safety One Intake enhancements make it easier for pharmacovigilance teams to increase efficiency and address global regulatory complianceAUSTIN, Texas, July 10, 2024 /PRNewswire/ -- Oracle today announced new capabilities in its AI-supported Oracle Argus and Safety One Intake solutions to help life science organizations meet evolving regulatory requirements and the rising volume of adverse event case workloads. With new enhancements designed to increase productivity, improve data privac ...

Key TakeawaysOracle shares shed 3% on Tuesday after a report from The Information said that talks between the computing giant and Elon Musk's xAI over a potential $10 billion server deal had ended.A bearish engulfing pattern has appeared on the Oracle the chart, a two bar price formation which indicates slowing upward momentum and a potential reversal.Oracle shares may encounter support at key levels including $134, $127.50, and $117. Oracle (ORCL) shares shed 3% on Tuesday after a report from The Informati ...

At the end of last month, concerns about a possible U.S. ban of ByteDance’s TikTok led to a small slide for Oracle (NASDAQ:ORCL) stock. This month, however, Oracle stock has bounced back. TikTok worries no longer affect price performance.Rather than being at risk of a sharp reversal, shares in this leading enterprise software and cloud computing company may have more room to run than other large and mega-cap tech stocks that have already gone “to the moon” thanks to the generative AI growth trend.Don’t get ...