Oracle Q1: On-Premise Offerings Remain A Concern Despite Oracle Database@AWS Launch

maybefalse/iStock Editorial via Getty Images I assigned a ‘Sell' rating to Oracle (NYSE:ORCL) in my article published in January 2024, arguing that the company is losing strength in cloud and AI. Oracle released its Q1 FY25 result on September 9th after the bell, reporting 8% growth in revenue and 17% increase in EPS. While I think Oracle’s partnership with Amazon (AMZN) is quite positive for the growth of Oracle’s Autonomous database, I am still concerned about their legacy business including hardware, ...