Oracle price target lowered to $145 from $165 at RBC Capital
RBC Capital analyst Rishi Jaluria lowered the firm’s price target on Oracle (ORCL) to $145 from $165 and keeps a Sector Perform rating on the ...
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Is Oracle Stock a Buy?
which is driving more companies to ramp up their spending on database and OCI services. Oracle also continues to expand its cloud-based AI toolkit with dozens of AI models and hundreds of embedded ...
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Oracle's Cloud Powers Ahead: Q3 Earnings Shine with Record-Breaking Growth
Oracle Corporation has marked yet another milestone in its cloud journey, solidifying its position as a leader in the ...
Oracle's bookings, cloud strength help Wall Street to look past choppy Q3
Oracle (NYSE:ORCL) was in the spotlight on Tuesday after the IT giant reported fiscal third-quarter results that were lighter ...
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Enterprise Cloud Trends Fuel Oracle Cloud Growth in U.S.
OCI is driving much of Oracle’s cloud growth in the U.S., the report says. U.S. companies and providers strongly prefer to run Oracle applications on OCI and increasingly use it for third-party ...
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Oracle CTO Ellison: Cloud Business To Pass $20B Annual Run Rate Next Year
We expect Oracle’s total cloud business to exceed a $20 billion annual run rate next year.” [RELATED: Oracle’s Ellison: OCI Is Nabbing The ‘Most Famous’ AWS Brands] Mark Clayman ...
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Oracle employees say a wave of new hiring restrictions is cratering already low morale, and many worry another round of mass layoffs is looming
"On a high level, no one will tell us if there's an official freeze," said an employee within Oracle's cloud software organization ... both in the US and abroad. In the OCI unit in particular ...