Oracle, AI and stock rally
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Oracle Q4 earnings call highlights
Key Points Interested in Oracle Corporation? Here are five stocks we like better. Oracle posted a record fiscal Q4 with revenue of $19.2 billion, up 21%, while full-year revenue topped $67 billion for the first time.
Our customers have moved past the experiment stage with AI,’ says Oracle co-CEO Mike Sicilia. Demand for artificial intelligence and compute pushed Oracle to new revenue milestones in its latest fiscal quarter and year—although continued eye-popping spending to meet AI demand continues to give investors pause—as solution providers continue to work on delivering AI products and services to customers.
Oracle and Amazon Web Services (AWS) have added eight new locations for their multicloud offering, Oracle Database@AWS. The new locations include the EU-Central-2 (Zurich), EU-South-1 (Milan), EU-South-2 (Spain), EU-West-3 (Paris), AP-Northeast-3 (Osaka), AP-Southeast-1 (Singapore), AP-Southeast-4 (Melbourne), and SA-East-1 (Sao Paulo) AWS regions.
Shares of Oracle ( ORCL 5.64%) shot up 39.9% in May, according to data from S&P Global Market Intelligence. After rising to over $300 a share last summer, Oracle's stock tumbled in the ensuing quarters, falling below $150 in April amid continued concerns about its partner, OpenAI, and its market-share struggles.
Here's what could happen to ORCL shares next.
ORCL's AI deals, cloud growth targets and $553B backlog set up fiscal Q4, but heavy capex, debt and restructuring costs may pressure margins.
This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Oracle announced a suite of agentic AI capabilities integrated directly into Oracle AI Database, enabling AI agents to securely access enterprise ...