Oracle Stock Outlook: Is ORCL a Buy After Q4 Earnings?
Oracle(ORCL) Investor Place·2024-06-17 10:20
Oracle (NYSE:ORCL) is among the top AI and cloud computing companies that’s seeing incredible momentum of late. Now, it’s not Nvidia (NASDAQ:NVDA) like momentum. But up more than 30% year-to-date, with much of that upside taking place in recent weeks, it’s clear investors are jumping on this stock in a big way right now.The company’s cloud revenue surged by 25% in 2024, driven by the company’s core cloud services business emphasizing its advantages in autonomous databases and AI computing. This strategic sh ...