The Latest Breaking News from Oracle Corporation

The technology industry has suffered a massive sell-off this year on investor concerns about potential interest rate increases to control record-high inflation. However, given the growing demand for tech solutions and rising investments in the industry, we think now could be an opportune time to buy the stocks of high-quality…

Worries about looming recession due to the Fed's tighter monetary policy and other macroeconomic headwinds have kept the stock market under pressure. Amid such a scenario, investing in shares of stalwart companies Intel (INTC), AbbVie (ABBV), FedEx(FDX)), Oracle (ORCL), and The Coca-Cola (KO) could help investors dodge the short-term market…

The increasing use of cloud-based solutions and incorporation of digital transformation across industries boosts data generation that is likely to drive the big data analytics market. Moreover, the growing market for Artificial Intelligence (AI), IoT, and machine learning (ML) is expected to bolster the growth of big data companies. Given…

Tesla, Inc (NASDAQ:TSLA) chief Elon Musk will likely serve as Twitter, Inc's (NYSE:TWTR) temporary CEO for a few months post the $44 billion takeover closes, CNBC reports. As per sources to CNBC's David Faber, Musk recently led investor presentations offering financial projections based on his analysis of Twitter. Musk complained against Twitter's EBITDA margin…

Oracle Corporation's (NYSE:ORCL) short percent of float has risen 26.83% since its last report. The company recently reported that it has 23.66 million shares sold short, which is 1.56% of all regular shares that are available for trading.

The infrastructure software industry has been booming over the past two years owing to sustained demand driven by increased internet penetration, accelerated digital transformation, the adoption of advanced IT technologies, and increased enterprise IT spending on software infrastructure. Given the industry tailwinds, we think it could be wise to add…

Oracle Corporation's (NYSE:ORCL) short percent of float has risen 8.04% since its last report. The company recently reported that it has 18.56 million shares sold short, which is 1.21% of all regular shares that are available for trading.

Oracle Corporation (NYSE:ORCL) reported third-quarter FY22 sales growth of 4% year-over-year to $10.513 billion, in line with the consensus of $10.51 billion. Adjusted EPS $1.13, missing the consensus estimates of $1.18. Cloud services and license support revenues were up 5% in USD and up 8% in constant currency to $7.6 billion. Cloud license…