ORCL Stock Recent News

Shares of Oracle would need to more than double for its market cap to hit the $1 trillion mark.

Oracle could become a significant partner of one of the most important AI companies on the scene.

Solutions enable banks with deep insights and complex reporting on profitability, interest rate risk, and balance sheet trends AUSTIN, Texas , Oct. 8, 2024 /PRNewswire/ -- Helping financial institutions boost profitability, grow revenue, and manage balance sheet risk, Oracle today announced Oracle Financial Services Profitability and Balance Sheet Management Cloud Services. With Asset Liability Management, Cash Flow Engine, Funds Transfer Pricing, and Profitability Management applications, the new suite of SaaS solutions provides banks deep insights into profitability, interest margins, interest rate risk, and balance sheet trends to make critical business decisions faster, while meeting complex risk management reporting requirements.

Oracle Financial Services Investigation Hub cuts investigator time previously wasted on collecting data while delivering auto-generated narratives and intelligence needed to resolve cases up to 70% faster AUSTIN, Texas , Oct. 7, 2024 /PRNewswire/ -- Oracle Financial Services Summit, New York – Enabling banks to investigate and resolve financial crime cases faster, Oracle today introduced the Oracle Financial Services Crime and Compliance Management Investigation Hub Cloud Service. The new AI-powered case management solution delivers a modern user experience that reduces manual tasks, removes data silos, and elevates the insights investigators need to focus their time on analysis and combating financial crime.

Chartis Research's RiskTech AI 50 recognizes Oracle for its excellence in AI innovation and deployment in risk technology NEW YORK , Oct. 7, 2024 /PRNewswire/ -- Oracle Financial Services Summit -- Oracle Financial Services has been named the category leader in the inaugural RiskTech AI 50 2024 report by Chartis Research, a global leader in risk technology research and analysis. Oracle secured the highest overall ranking amongst fifty industry players, highlighting its success in delivering powerful AI solutions – from infrastructure to AI-enabled applications – that are helping financial services organizations operate more efficiently and mitigate risk.

Vancouver, British Columbia--(Newsfile Corp. - October 7, 2024) - Oracle Commodity Holding Corp. (TSXV: ORCL) (OTCQB: ORLCF) ("Oracle" or the "Company") is pleased to announce the appointment of Alex Bayer as its Chief Legal Officer, to lead all legal matters for the Company, effective as of October 2, 2024. Alex is a seasoned corporate securities lawyer with over 15 years of experience, specializing in the mining sector.

The cloud battle between Oracle Corp ORCL and Salesforce Inc CRM is hitting new highs, and both stocks are riding the AI wave to impressive gains.

A strong earnings report led to a rally over the rest of the month.

Oracle Corp. plans to invest more than $6.5 billion to establish a public cloud region in Malaysia, aiming to meet the country's growing demand for artificial intelligence and cloud services.

Oracle plans to invest more than $6.5 billion to set up its first public cloud region in Malaysia, the company said on Wednesday, the latest major investment by a global tech firm into the Southeast Asian country.