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Oracle's 'truly awesome' quarter stuns Wall Street, sending stock up 40% and making Ellison world's richest man
Yahoo Finance· 2025-09-10 16:52
Oracle's (ORCL) massive backlog for its cloud business stunned Wall Street and cemented the company's role as a key player in the AI market, lifting hopes that the broader AI-fueled tech rally has more room to run. Oracle said late Tuesday that its “RPO,” or remaining performance obligations, a measure of future revenue from customer contracts, jumped roughly 360% in the quarter to $455 billion. That outstanding contract revenue drove the company to project that its Oracle Cloud Infrastructure (OCI) busin ...
Oracle's 'truly awesome' quarter stuns Wall Street, sending stock up 36% and making Ellison world's richest man
Yahoo Finance· 2025-09-10 16:52
Oracle's (ORCL) massive backlog for its cloud business stunned Wall Street and cemented the company's role as a key player in the AI market, lifting hopes that the broader artificial intelligence-fueled tech rally has more room to run. Oracle said late Tuesday that its “RPO,” or remaining performance obligations, a measure of future revenue from customer contracts, jumped roughly 360% in the quarter to $455 billion. That outstanding contract revenue drove the company to project that its Oracle Cloud Infra ...
IBD Stock Of The Day Breaks Out As Oracle Fuels AI Rally
Investors· 2025-09-10 16:40
TRENDING: See Nvidia's Growing Appetite For Startup Investments Get market updates, educational videos, webinars, and stock analysis. 4:11 AM ETOracle stock is on pace for its best day this... INVESTING RESOURCES Take a Trial Today Get instant access to exclusive stock lists, expert market analysis and powerful tools with 2 months of IBD Digital for only $20! IBD Videos Comfort Systems USA Comfort Systems USA FIX $ 744.90 $35.37 4.98% 43% IBD Stock Analysis Clears several weeks of trading with 733.25 buy po ...
If You Think Dogecoin Is Headed to $1, This Penny Stock Is a Screaming Buy
Yahoo Finance· 2025-09-10 16:26
Cryptocurrencies often attract retail investors looking for big wins, and meme coins like Dogecoin (DOGE) have become central to that story. Despite sharp swings and lingering skepticism, Dogecoin still commands a massive following, with its market cap ranking among the largest in the crypto world. Many investors keep wondering: could DOGE really climb to the long-anticipated $1 milestone? For those who believe it can, one penny stock stands out as a leveraged play on Dogecoin’s next big move. Thumzup Med ...
AI software developer Replit raises $250 million at $3 billion valuation
Yahoo Finance· 2025-09-10 16:14
(Reuters) -AI software developer platform Replit on Wednesday said it has raised $250 million in a funding round that values the San Francisco-based company at $3 billion, as investors continue to back AI startups. Valuations for code-generation firms or "code-gen" startups have climbed as companies look to use AI to assist — and in some cases replace — human software engineers. Replit was valued at just over $1 billion in 2023 after it raised $97.4 million. The company said its annualized revenue rose t ...
Oracle CEO Larry Ellison wealth soars. Here's how he makes his money
Youtube· 2025-09-10 16:14
Welcome back. As Oracle shares skyrocket and they are up more than 40% still, co-founder Larry Ellison is seeing a huge surge in his wealth, a historic surge. Our Robert Frank with the details, Robert, as we try to figure out who's the richest man on the planet, Elon Musk or Larry Ellison.Well, Sarah, it is now official according to Bloomberg. We do have a new number one world's richest man, Larry Ellison posting the biggest one-day wealth gain in history overnight. at the Oracle share price adding over $10 ...
Action Plan for Prudent Investors After Eye Popping Oracle AI Numbers and PPI Shocker - Oracle (NYSE:ORCL)
Benzinga· 2025-09-10 16:13
To gain an edge, this is what you need to know today.Eye Popping AI ProjectionsPlease click here for an enlarged chart of Oracle Corp ORCL.Note the following:This article is about the big picture, not an individual stock. The chart of ORCL stock is being used to illustrate the point.The chart shows the price action in ORCL stock after the company reported earnings.The chart shows ORCL stock is gapping up over 30% as of this writing in the premarket. It is unusual for the stock of a large company like Orac ...
There Are More Losers Than Gainers Today. The S&P 500 Is Still on Track for New High.
Barrons· 2025-09-10 16:13
CONCLUDED Stock Market News From Sept. 10, 2025: S&P 500 and Nasdaq Extend Records Last Updated: 5 hours ago There Are More Losers Than Gainers Today. The S&P 500 Is Still on Track for New High. By Karishma Vanjani Less than half of the stocks in the S&P 500 are higher today, yet the index is readying for another record. Customer Center Network The S&P 500 is up 0.5%, while the Dow and Nasdaq are down 0.5% and up 0.4%, respectively. The gain in the S&P 500 comes despite 319, or more than half of its stocks, ...
Workday (NasdaqGS:WDAY) 2025 Conference Transcript
2025-09-10 16:12
Workday (NasdaqGS:WDAY) 2025 Conference September 10, 2025 11:10 AM ET Company ParticipantsCarl Eschenbach - CEOConference Call ParticipantsKash Rangan - AnalystKash RanganGood morning, everybody. It's day three of the Goldman Sachs Communacopia and Technology Conference. Thanks for your support of the conference. Since the rebranding and the relaunch of the conference in 2022, this is the fourth year in a row. I think we've had you for a fourth year in a row, and attendance is up, not by software industry ...
Jim Cramer Discusses Adobe Inc. (ADBE) Ahead Of Earnings
Yahoo Finance· 2025-09-10 16:11
We recently published 15 Stocks Jim Cramer Discussed As He Said CEOs Were Afraid Of Hiring. Adobe Inc. (NASDAQ:ADBE) is one of the stocks Jim Cramer recently discussed. Jim Cramer Discusses Adobe Inc. (ADBE) Ahead Of Earnings Adobe Inc. (NASDAQ:ADBE)’s shares haven’t been spared in today’s AI-driven market. They have lost 18.9% year-to-date as the firm has failed to convince investors that its AI products have captivated customer sentiment. For instance, Adobe Inc. (NASDAQ:ADBE)’s shares fell by 5% in Ju ...