Solutions enable banks with deep insights and complex reporting on profitability, interest rate risk, and balance sheet trendsAUSTIN, Texas, Oct. 8, 2024 /PRNewswire/ -- Helping financial institutions boost profitability, grow revenue, and manage balance sheet risk, Oracle today announced Oracle Financial Services Profitability and Balance Sheet Management Cloud Services. With Asset Liability Management, Cash Flow Engine, Funds Transfer Pricing, and Profitability Management applications, the new suite of Sa ...

Oracle Financial Services Investigation Hub cuts investigator time previously wasted on collecting data while delivering auto-generated narratives and intelligence needed to resolve cases up to 70% fasterAUSTIN, Texas, Oct. 7, 2024 /PRNewswire/ -- Oracle Financial Services Summit, New York – Enabling banks to investigate and resolve financial crime cases faster, Oracle today introduced the Oracle Financial Services Crime and Compliance Management Investigation Hub Cloud Service. The new AI-powered case mana ...

Chartis Research's RiskTech AI 50 recognizes Oracle for its excellence in AI innovation and deployment in risk technologyNEW YORK, Oct. 7, 2024 /PRNewswire/ -- Oracle Financial Services Summit -- Oracle Financial Services has been named the category leader in the inaugural RiskTech AI 50 2024 report by Chartis Research, a global leader in risk technology research and analysis. Oracle secured the highest overall ranking amongst fifty industry players, highlighting its success in delivering powerful AI soluti ...

A milestone valuation could be on the horizon for Oracle shareholders.Oracle (ORCL 2.40%) delivered a breakout year for investors, with shares returning 62%. It's been one of the best-performing technology sector stocks in the S&P 500 index for 2024.The company is capturing strong demand for its cloud services, which are proving critical for enterprise customers to scale artificial intelligence (AI) infrastructure. Investors have plenty to cheer about as a new round of earnings growth momentum provides a ma ...

Oracle (ORCL) recently announced plans to invest $6.5 billion in a Malaysian public cloud region, which marks a significant strategic move in the competitive AI and cloud computing landscape. This initiative not only represents one of the largest foreign investments in Malaysia's tech sector but also positions Oracle to tap into the growing Southeast Asian market while enhancing its global AI capabilities.The new cloud region will offer Oracle's customers and partners in Malaysia access to advanced AI infra ...

The cloud battle between Oracle Corp ORCL and Salesforce Inc CRM is hitting new highs, and both stocks are riding the AI wave to impressive gains.But which one is winning? Let's dive into the numbers, recent moves, and what investors need to know.Oracle's Big Play: Malaysia's Mega CloudOracle has been flexing its cloud muscles, with a 20% stock jump over the past month, +61% YTD, thanks to impressive growth in its cloud infrastructure services. The latest boost? A $6.5 billion investment to establish a publ ...

A strong earnings report led to a rally over the rest of the month.Shares of Oracle (ORCL 0.96%), the legacy tech giant best known for its database software, were climbing again last month as it impressed investors with its latest earnings report. The results showed that it's seeing soaring demand for its cloud infrastructure services as the artificial intelligence (AI) boom continues to ramp up.According to data from S&P Global Market Intelligence, the stock was up 21% as a result. As you can see from the ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Oracle is the latest global tech titan to announce major digital investments in Southeast Asia. Tech giant Oracle on Wednesday said it plans to invest more than $6.5 billion on cloud services data centers in Malaysia, joining a list of US titans rushing to build up their AI infrastructure in Southeast Asia. The firm said the clou ...

Oracle plans to open a cloud region in Malaysia, including 150+ infrastructure and SaaS services, to help boost the country's digital economy and drive AI-fueled innovation Organizations across Malaysia can accelerate AI innovation with Oracle Cloud Infrastructure's high performance and built-in security, powerful data, and distributed cloud capabilities Upcoming cloud region to extend OCI's footprint in Asia Pacific to 12 public cloud regions AUSTIN, Texas and KUALA LUMPUR, Malaysia, Oct. 1, 2024 /PRNewswi ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as we ...