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Climb Global Solutions, Inc. Acquires interworks.cloud, Strengthening Cloud and Software Distribution Capabilities Across Europe
Globenewswire· 2026-02-24 21:05
Acquisition Expands Climb’s Reach in Greece, Malta, Bulgaria and Cyprus and Advances Pan-European Microsoft Distribution Strategy Transaction Expected to be Accretive to Earnings and Adjusted EBITDA EATONTOWN, N.J., Feb. 24, 2026 (GLOBE NEWSWIRE) -- Climb Global Solutions, Inc. (NASDAQ:CLMB) (“Climb” or the “Company”), a value-added global IT channel company providing unique sales and distribution solutions for innovative technology vendors, has completed the acquisition of interworks.cloud (“Interworks”), ...
Oracle (ORCL) Gains Analyst Support with Cloud Growth, AI Adoption, and Data Center Expansion
Yahoo Finance· 2026-01-18 11:16
Group 1 - Oracle Corporation (NYSE:ORCL) is currently viewed as one of the best stocks to buy, with over 70% of analysts expressing a bullish sentiment and setting a price target of $291.34, indicating a potential upside of 46.80% [2] - Goldman Sachs initiated coverage of Oracle with a 'Buy' rating and a price target of $240, emphasizing that AI adoption will significantly expand the total addressable markets for software in the coming decade, positioning Oracle favorably in the infrastructure-as-a-service sector [3] - UBS recently lowered its price target for Oracle from $325 to $280 while maintaining a 'Buy' rating, citing a 41% decline in stock price due to investor concerns and competition from OpenAI-related stocks, but remains optimistic about revenue growth and data center capacity expansion [4] Group 2 - Oracle is recognized as a global enterprise technology company that provides cloud applications, infrastructure, hardware, and services, although some analysts suggest that other AI stocks may offer greater upside potential with less downside risk [5]
RBC Lowers Oracle (ORCL) PT to $195 While Eyeing 2026 as a Pivotal Year for AI-Driven Growth
Yahoo Finance· 2026-01-08 14:13
Group 1 - Oracle Corporation is experiencing increased interest from hedge funds as a potential investment opportunity [1] - RBC Capital has lowered its price target for Oracle to $195 from $250, maintaining a Sector Perform rating, and suggests that 2026 will be a pivotal year for AI adoption in enterprises [1][3] - The company reported a 13% year-over-year increase in total revenue to $16.1 billion for FQ2 2026, with cloud revenue growing by 33% to $8 billion [2] Group 2 - The cloud sector is now responsible for half of Oracle's total revenue, with significant growth in cloud infrastructure/OCI (66% increase) and GPU-related revenue (177% increase) [2] - For FQ3, Oracle expects total revenue growth between 16% and 18%, with cloud revenue projected to increase by 37% to 41% in constant currency [3] - Oracle's AI-integrated application suites are anticipated to outperform competitors facing sector deceleration [3]
Oracle (ORCL) Announces Q2 2026 Financial Results
Yahoo Finance· 2025-12-18 05:39
Oracle Corporation (NYSE:ORCL) is one of the Top AI and Technology Stocks to Buy According to Hedge Funds. On December 10, the company announced its Q2 2026 financial results, with total remaining performance obligations rising 438% YoY in USD to $523 billion. Notably, Oracle Corporation (NYSE:ORCL) highlighted that its RPO rose by $68 billion in Q2 2026, an increase of 15% sequentially. This was highlighted by new commitments from Meta, NVIDIA, and others. Oracle (ORCL) Announces Q2 2026 Financial Result ...