ORCL Stock Recent News
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The stock market is constantly buzzing with hype surrounding the latest trends and hottest tech companies. However, amidst the noise, a wealth of overlooked growth stocks with strong fundamentals can present lucrative investment opportunities.
Recently, Zacks.com users have been paying close attention to Oracle (ORCL). This makes it worthwhile to examine what the stock has in store.
The latest trading day saw Oracle (ORCL) settling at $117.93, representing a -0.35% change from its previous close.
Accenture and Oracle expanded their partnership to help clients accelerate their adoption of generative artificial intelligence in the finance organization. The new solutions offered through this collaboration aim to help chief financial officers reinvent financial planning and analysis, optimize operations and fuel growth, the companies said in a Monday (May 6) press release.
Oracle is experiencing significant growth in its AI and Cloud business, with high double-digit growth in recent times. Oracle's partnership with Palantir will create major synergies and improve their offering to enterprise clients. The Oracle stock is trading at very attractive multiples, with a P/E ratio below the sector median.
A housing proposal could unlock nearly $1 trillion for homeowners, Meredith Whitney wrote for the FT. The idea is for Freddie Mac to start purchasing secondary mortgages, offering a cost-effective way for borrowers to tap equity.
Nvidia shares have climbed, thanks to the company's dominance in the AI chip market -- and the shares are present in the portfolios of many billionaires. Another company may offer a stronger opportunity for gains right now.
Oracle on Thursday released an update to its database technology intended to make it more useful with artificial intelligence technology.
Oracle in March announced new generative AI features embedded across applications in finance, supply chain, HR, sales, marketing, and service.
CNBC's annual stock draft is underway. Celebrities, athletes, and financial gurus join ‘Power Lunch' to make their picks.