Oracle is reaffirmed as a buy due to its strong AI-driven growth and accelerating cloud infrastructure revenue, which rose 93% year-over-year. The company expects $90 billion in revenue and $8.05 non-GAAP EPS for fiscal 2027, despite temporary margin pressure from data center expansion and losing a major Microsoft contract. Oracle's stock trades at a significant discount compared to its IT peers, making current market pessimism seem excessive. Elevated debt levels are noted but do not overshadow the growth potential and strong demand for Oracle's cloud services.
Global equities rebounded in the second quarter driven by optimism around AI investments, with major tech companies planning to spend $1 trillion on AI by 2027. However, the market now expects near-perfect AI execution, leaving little room for error....
Several major companies including Boeing, Lockheed Martin, and Oracle are sponsoring Freedom 250, a Trump-aligned celebration of America's 250th birthday. The event offers high-dollar donors VIP access to President Trump, sparking concerns from watch...
Oracle has revealed a massive $638 billion backlog in AI infrastructure contracts, representing nearly a decade of revenue and signaling strong future growth. This backlog surged 363% last quarter with $67 billion in new AI deals, prompting managemen...
Meta Platforms is developing a cloud business to monetize its excess AI computing capacity, potentially boosting near-term revenue by offering AI model access or raw compute power. Nike reported strong Q4 profits and sales but faces ongoing challenge...
Oracle introduced Oracle Manager Edge, an AI-powered coaching assistant within its Fusion Cloud Human Capital Management (HCM) platform. This tool provides managers with personalized, real-time guidance based on workforce data like feedback, goals, a...
