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Oracle (ORCL) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
The continued popularity of big tech and big data companies capitalizing on the mountain of growth potential from AI, creates high expectations for their stocks. However, not all are performing at market standard, and despite lingering high valuations from the AI wave, some slowdowns and consequent decreases in returns could be expected.
Oracle Co. NYSE: ORCL is a giant in the computer and technology sector that originally got its start as the leader in relational databases in the 1980s. The company has evolved into an enterprise software behemoth and a major cloud computing services provider.
Oracle stock just hit fresh new highs thanks to its cloud infrastructure growth. Even better than revenue growth, though, Oracle's earnings keep rising at an even faster pace.
Oracle (ORCL) announces that its Public Safety Suite has been deployed by the Round Rock Independent School District Police Department to strengthen the latter's capabilities.
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Oracle's cloud business grew at an impressive pace last quarter thanks to AI. The company is adding new generative AI features to its cloud platform.
Oracle (NYSE: ORCL) stock price continued soaring this week, lifting Larry Elison's net worth by $19 billion. It has jumped by more than 25% this year and by over 50% in the past 12 months.
Oracle (ORCL) releases Java 22, the latest version of the programming language and development platform.
The pundit upped his price target by $5 per share. The move followed the database specialist's estimates-beating third quarter earnings release.