Oracle Corporation is a leading global provider of cloud infrastructure and enterprise software solutions
The company specializes in database management systems, which allow organizations to efficiently store and manage their data. Additionally, Oracle offers a wide range of applications covering areas such as customer relationship management, enterprise resource planning, and supply chain management. With a strong focus on cloud computing, Oracle enables businesses to leverage advanced technologies like artificial intelligence and machine learning to enhance their operations and drive innovation. The company's solutions are utilized by organizations of all sizes across various industries, helping them to streamline processes, improve decision-making, and achieve digital transformation.
Two historically inexpensive stocks in Berkshire Hathaway's $297.5 billion portfolio are ripe for the picking, while the Oracle of Omaha's top holding is sending all the wrong signals.
Oracle revealed new AI agent features in Oracle Textura to assist subcontractors in the US, and introduced Oracle Energy and Water Data Exchange for improved data sharing and AI insights.
Tesla Inc. CEO Elon Musk criticized SoftBank Group CEO Masayoshi Son as "already overleveraged" on Sunday, reigniting concerns about funding for the ambitious Stargate AI project.
Lawrence McDonald, founder of Bear Traps Report, called Warren Buffett the "GOAT" of asset management on Sunday while noting the legendary investor put "very little capital to work" during the 2020 COVID market drawdown compared to 2022's market stress.
Data warehouse-as-a-service Snowflake (NYSESNOW) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 27.4% year on year to $986.8 million. Its non-GAAP profit of $0.30 per share was 67.3% above analysts’ consensus estimates.
Nvidia smashed expectations with its record-breaking quarter, driven by AI infrastructure demand. Networking giants like Arista and Cisco face fierce competition.
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Finance and HR software company Workday (NASDAQWDAY) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 15% year on year to $2.21 billion. Its non-GAAP profit of $1.92 per share was 8.1% above analysts’ consensus estimates.
Goldman Sachs analyst reiterates Buy rating on Microsoft Corp with $500 price target and unchanged fiscal 2025/2026 estimates due to AI data center lease adjustments.
Three technology names are breaking out to within 90% of their 52-week highs, and factors suggest more upside is ahead. Wall Street analysts see upside