Oracle Corporation (ORCL) has been garnering substantial attention within the biotech, cloud and AI sector. Jim Cramer praised the company's growth, with the assurance that the hyperscalers are in need of Oracle's solutions. Strong
Recorded Performance Obligations (RPO) indicate promising multi-year revenue acceleration. Despite some stock performance underperformances, the company's financial analysis meeting planned for September 2024 could yield interesting insights.
Itau Unibanco Holding S.A. acquired 3,300 shares in ORCL, illustrating investor confidence. However, the company's planned expansion of its data centers also caused some concerns. Oracle's aggressive investment in areas particularly related to cloud and artificial intelligence manifest signs of solid growth, even garnering the implementing
Oracle Financial Analyst Meeting bullish statements from critics.
Ampere Computing, backed by Oracle, is also a considered choice for buyers. Predictions suggest that
Oracle's revenue in fiscal 2026 and sales in 2029 could get a major boost due to its cloud expansion. Its AI-driven growth and consistent strong revenue in FY25 have set the stage for a record-breaking 2025, making ORCL one of the best AI stocks with upside potential.
Oracle Corp ORCL News Analytics from Mon, 04 Mar 2024 08:00:00 GMT to Sun, 22 Sep 2024 13:00:00 GMT -
Rating 8
- Innovation 6
- Information 7
- Rumor -2