|Bid||46.08 x 1000|
|Ask||0.00 x 1100|
|Day's range||45.19 - 46.49|
|52-week range||44.04 - 53.48|
|PE ratio (TTM)||54.13|
|Earnings date||19 Jun 2018|
|Forward dividend & yield||0.76 (1.57%)|
|1y target est||55.73|
OPEC's meeting in Vienna should be the highlight in the week ahead as economic and earnings action in the U.S. should be more muted.
Jim Cramer admits that tariffs and interest rates have made investing harder ahead of what looks to be a positive week of earnings reports.
It's another successful cloud software IPO for the tech sector, following strong debuts for Zuora, Ceridian and Dropbox.
Earlier in the series, we discussed how Oracle’s (ORCL) DataScience.com acquisition would complement its software-as-a-service and platform-as-a-service offerings and thus boost its position in the cloud space.
A great first quarter earnings season for the sector was met with lukewarm reactions, but volatility has eased and tech stocks are all the rage once again. Make sure to keep an eye on these tech companies as they prepare to report during the week of June 18.
Following its April acquisition of Vocado, a cloud-based financial aid solution company, Oracle signed a deal to buy DataScience.com, a privately held cloud workspace platform that supports data science tools, projects, and infrastructure. The company signed the agreement in May. The financial terms of the deal were not disclosed. The acquisition is set to boost the company’s cloud platform, allowing it to deliver analytics support and facilitate decisionmaking for customers.
Larry Ellison's Oracle is leaking customers. The company in question, San Mateo, Calif.-based data warehousing cloud service provider Snowflake Computing, was valued at $1.5 billion when it raised a whopping $263 million this January. Snowflake's CEO, Bob Muglia, offered me a fascinating glimpse into the leadership strategies of Bill Gates and Steve Ballmer back in 2015.
Oracle (ORCL) has maintained stable margin growth in the last five years, buoyed by strong growth in its cloud business. Moreover, growing popularity of its SaaS1-based fusion ERP (enterprise resource planning) and HCM (human capital management) products across different organizations has also contributed to margin growth.
Oracle's (ORCL) next-generation autonomous database is a key catalyst. Nonetheless, higher investments on IaaS platform remains a potential headwind.
Enterprises’ ongoing migration of databases from on-premises hardware to the cloud has encouraged Oracle (ORCL) to boost its cloud computing service. Despite entering the cloud space later than established players such as Amazon (AMZN), Microsoft (MSFT), IBM (IBM), and Google (GOOGL), Oracle has accelerated its cloud computing service through acquisitions and new product developments.
The size of Oracle Corporation (NYSE:ORCL), a US$197.05B large-cap, often attracts investors seeking a reliable investment in the stock market. Market participants who are conscious of risk tend to searchRead More...
Oracle (ORCL) generates strong capital returns for shareholders through regular dividend payments and share buybacks. The company has used ~82% of its free cash flow every year to finance its capital return policy. The company’s aggressive acquisition goals may have affected its share buyback plans.
Could Oracle Deliver in Fiscal Q4 2018? Despite entering the cloud space later than leading cloud players such as Amazon (AMZN), Microsoft (MSFT), and IBM (IBM), Oracle has accelerated its cloud computing business by migrating its customer’s database to the cloud, and its aggressive acquisition strategy has supported its cloud product portfolio. Acquisitions reduce the time needed to create new software for its cloud platform, thereby winning more clients.