Oracle cloud revenue more than doubles
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Barclays raises Oracle stock price target to $252, keeping an Overweight rating, after strong fiscal Q1 growth and improved funding.
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 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,
Oracle Corporation (NYSE:ORCL) and CoreWeave, Inc. (NASDAQ:CRWV) are both spending enormous sums to turn scarce GPUs and data-center capacity into AI cloud revenue. Their financing models increasingly look very different.
In quick succession, first Oppenheimer analyst Brian Schwartz estimated Oracle stock is worth $275 a share, then Mizuho analyst Siti Panigrahi said $320, followed by Guggenheim analyst John DiFucci setting a $400 price target. Oracle stock currently costs less than $165.
Oracle erweitert seinen klinischen KI-Agenten für das Gesundheitswesen um Kodierung und Chart-Review
Oracle erweitert seinen klinischen KI-Agenten für das Gesundheitswesen um Diktier-, Chart-Review- und Kodierungsfunktionen, die die administrative Belastung von Ärzten verringern sollen.
The company saw its backlog grow even more in the latest quarter.
(Corrects to add dropped word "its" in paragraph 3) By Deborah Mary Sophia and Stephen Nellis Sept 10 (Reuters) - Oracle topped Wall Street estimates for quarterly results on Thursday and reported a smaller cash burn than expected,