Oracle is expected to report strong FQ4 results driven by accelerating AI cloud growth and significant cost reductions, including up to 18% workforce cuts. The company’s Cloud Services aim for 46–50% year-over-year growth, with a robust backlog of $553 billion in remaining performance obligations supporting ambitious multi-year revenue targets. Oracle’s stock trades at a low multiple relative to its FY30 earnings projections, suggesting potential for over 100% upside if growth and valuation multiples expand. The company has also secured capital for data center expansion, positioning it well for future AI-driven demand.
This week, investors focus on key events including the May Consumer Price Index report, Apple's Worldwide Developers Conference, and the highly anticipated SpaceX IPO. Inflation data will influence Federal Reserve policy outlook amid strong jobs numb...
Fidelity is steering away from bonds issued by major tech companies like Amazon, Alphabet, Meta, Microsoft, and Oracle, which are raising hundreds of billions to fund AI infrastructure. Despite strong credit ratings, these bonds offer minimal yield p...
Jim Cramer warned that rising interest rates, high oil prices, and a surge of AI-related stock offerings, including the upcoming SpaceX IPO, could continue to pressure the stock market. He noted that investors might struggle to push markets higher as...
The Nasdaq dropped 4.1% on Friday, wiping out nearly a month of gains amid a tech stock selloff that also dragged the S&P 500 down 2.6%, ending its nine-week winning streak. Major tech companies like Intel, Oracle, and Nvidia saw significant declines...
Oracle has shifted from a slow cloud adopter to a leading AI infrastructure builder, with Q3 FY2026 IaaS revenue jumping 84% to $4.888 billion and a $553 billion backlog in performance obligations. The company aims for $90 billion revenue in FY2027, ...
