Oracle Hits Record
Digest more
Oracle shares soared to a record high Thursday, a day after the company projected “dramatically higher" revenue growth in its current fiscal year.
Oracle Corporation beat Q4 expectations with strong cloud growth and AI-driven growth. Click for how ORCL valuation limits upside, but the long term remain bullish.
The shares are set to resume gains after yesterday snapping a four-day win streak. Today's surge is also helping the security overcome resistance at the $180 region, which capped a February rally. Earlier jumping to its highest level of 2025, ORCL now sports a 42.4% year-over-year lead.
Ariel Investments, an investment management company, released its “Ariel Focus Fund” first-quarter investor letter. A copy of the letter can be downloaded here.
Enterprise cloud giant, Oracle Corp., highlighted its strategic edge in the intensifying global AI race, something that allows it to successfully compete against the giants of this space.
Database giant Oracle Corp.’s stock moved up more than 7% in extended trading today after reporting financial results that surpassed analysts’ expectations and saying it expects cloud growth to accelerate in the current quarter.
Oracle Corp has projected cloud infrastructure sales will jump more than 70% in the fiscal year that began this month, boosting shares in late trading on investor enthusiasm for the closely watched business.
Oracle Corporation (NYSE:ORCL) will release earnings results for the fourth quarter, after the closing bell on Wednesday, June 11. Analysts expect the Austin, Texas-based company to report quarterly earnings at $1.
Shares of Oracle Corp. ORCL rose 1.81% to $171.14 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.53% to 5,939.30 and Dow Jones Industrial Average DJIA falling 0.25% to 42,319.74.
Madison Investments, an investment advisor, released its “Madison Sustainable Equity Strategy” first quarter 2025 investor letter. A copy of the letter can be downloaded here.