The Latest Breaking News from ORCL

The ongoing sell-off in equity markets has dragged large-cap stocks, such as Oracle (ORCL) and SAP (SAP), significantly lower in 2022. However, due to this sell-off, you can now consider buying these stocks at a lower multiple, as they continue to expand profit margins and drive top-line growth in the…

Analysts slashed their price targets on Oracle Corp (NYSE:ORCL) post Q3 results. Piper Sandler analyst Brent Bracelin downgraded to Underweight from Neutral with a PT of $70 (8.7% downside), down from $100.  Bracelin found it challenging to reach double-digit organic growth next year, sustaining a cloud shift considering more than 70% of revenue came from the…

Oracle (NYSE:ORCL) reported its Q3 earnings results on Thursday, March 10, 2022 at 04:05 PM. Here's what investors need to know about the announcement. Earnings Oracle missed estimated earnings by 4.24%, reporting an EPS of $1.13 versus an estimate of $1.18.

Oracle Corporation (NYSE:ORCL) reported third-quarter FY22 sales growth of 4% year-over-year to $10.513 billion, in line with the consensus of $10.51 billion. Adjusted EPS $1.13, missing the consensus estimates of $1.18. Cloud services and license support revenues were up 5% in USD and up 8% in constant currency to $7.6 billion. Cloud license…

TikTok is close to forging a deal for Oracle Corp (NYSE:ORCL) to store its U.S. users' information without its Chinese parent ByteDance having access to it, Reuters reports. Oracle will store all of TikTok's U.S. user data on Oracle data servers under the new proposed partnership.  Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google Cloud currently stores…

Oracle (NYSE:ORCL) has outperformed the market over the past 20 years by 2.73% on an annualized basis.

Oracle (NYSE:ORCL) is set to give its latest quarterly earnings report on Thursday, 2022-03-10. Here's what investors need to know before the announcement. Analysts estimate that Oracle will report an earnings per share (EPS) of $1.18.

With the rising deployment of enterprise software and services across various industries, prominent companies in this space, Oracle (ORCL) and Adobe (ADBE), should witness increasing demand for their solutions. But which of these two stocks is a better buy now? Read more to find out.

Billionaire investors are scooping up mega-cap tech stocks amid the sector's red-hot rally.

In addition to inflationary pressure, economic sanctions imposed on Russia by various countries and corporations in response to Russia’s invasion of Ukraine have exacerbated volatility in the global markets. As investors seek to avoid that volatility and generate stable returns, we think high-quality mega-cap stocks Pfizer (PFE), Cisco (CSCO), Abbott…

If history is any guide, there may be trouble ahead for shares of Oracle (NYSE:ORCL). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.