Evercore ISI analyst Kirk Materne raised the firm’s price target on Oracle (ORCL) to $350 from $340 and keeps an Outperform rating on the shares.
Oracle Corp signaled a recovery in client spending as remote work spurred demand for cloud services as well as traditional licensing business, helping it beat expectations for first-quarter results ...
Investors worried about the financials of the technology giant’s cloud computing business, compounding broader worries about ...
Oracle’s AI ambitions face profitability challenges as high Nvidia chip rental costs strain its cloud business, raising ...
Oracle's (ORCL) internal documents showed that the fast-growing cloud business has thin gross profit margins in the past year ...