Oracle, cloud revenue
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Oracle (ORCL) earned almost a quarter more operating income last fiscal year. Yet its stock closed around 53% below its peak of a year earlier on September 10, just before its latest results. A gap like that points to one of two things: the market sees trouble the numbers do not show yet,
Oracle collected $11.36 billion in customer prepayments in Q1 FY2027 as AI clients like OpenAI fund its massive data center buildout in exchange
D.A. Davidson Head of Technology Research Gil Luria joins Julie Hyman on Market Catalyst to break down why he believes Oracle (ORCL) is "by far the most attractive AI cloud."
Tyler Radke, Oracle senior equity research analyst, joins 'Squawk on the Street' to discuss Oracle giving up post-earnings gains.
Oracle Corporation (NYSE:ORCL) stock is up 7% to $164.25 in Friday morning trading, following the company’s fiscal first-quarter earnings release after the close on Thursday. The reaction is Oracle’s sharpest single-session move to an earnings report in recent memory,
JPMorgan analysts told clients Friday they believe Oracle’s strong showing on the back of growth in its cloud business should “help in addressing the key concerns that have weighed on the shares.” 1 Analysts from Citi said they believe the results “checked nearly every box,” and maintained their “buy” rating and $330 price target. 2
Oracle (ORCL) stock surged 6% premarket on Q1 earnings beat. EPS of $1.92 topped estimates, cloud revenue jumped 121%, and AI bookings hit $30B.
In Q3, Adobe reported revenue of $6.76 billion, representing 12% constant currency growth and a beat compared to analyst estimates of $6.7 billion. Adjusted earnings per share of $6.13 also topped the Street's estimate of $6.09 per share, according to S&P Global Market Intelligence data.