ORCL - Oracle Corporation

NYSE - NYSE Delayed Price. Currency in USD
-0.62 (-1.06%)
At close: 4:02PM EDT

57.99 0.00 (0.00%)
After hours: 6:08PM EDT

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Previous Close58.61
Bid57.10 x 1800
Ask58.09 x 2900
Day's Range57.99 - 58.95
52 Week Range42.40 - 60.50
Avg. Volume14,235,585
Market Cap193.444B
Beta (3Y Monthly)1.15
PE Ratio (TTM)19.53
EPS (TTM)2.97
Earnings DateSep 16, 2019 - Sep 20, 2019
Forward Dividend & Yield0.96 (1.64%)
Ex-Dividend Date2019-07-16
1y Target Est55.84
Trade prices are not sourced from all markets
  • Microsoft Stock Probably Won’t Surge on Earnings — Buy It Anyway
    InvestorPlace6 hours ago

    Microsoft Stock Probably Won’t Surge on Earnings — Buy It Anyway

    With its 30.5 trailing P/E ratio and its $1 trillion market cap, Microsoft (NASDAQ:MSFT) stock price largely reflects its current two main growth engines: its cloud business and its software-as-a-service offerings. Consequently, investors should not expect MSFT stock to rally tremendously when it reports its fiscal fourth-quarter results after the market closes on Thursday.Source: Shutterstock Still, the growth of MSFT's cloud business and its SaaS offerings could modestly surpass average expectations, triggering a small increase in MSFT stock.And over the medium term,MSFT has multiple, strong potential catalysts that could push MSFT stock much higher. Microsoft's Cloud Revenue Could Beat Average EstimatesMicrosoft's revenue from its cloud business, Azure, soared 73% year-over-year in the first quarter, and the company gained share in the still rapidly expanding cloud market in calendar Q1.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMSFT has two important drivers in the cloud market. * 4 Retail Stocks to Buy in Time for the Back-to-School Rush First, a number of foreign countries are in the early stages of adopting the cloud, giving Azure a huge new growth engine. Secondly, brick-and-mortar retailers are expanding their e-commerce businesses and taking e-commerce market share from Amazon (NASDAQ:AMZN), which has the world's top cloud business. Given that situation, more and more of these retailers may decide to emulate Walmart (NYSE: WMT) and use Azure for their cloud needs.Most analysts likely underestimated the combined strength of these trends, so Microsoft's cloud revenue may surpass analysts' consensus estimates, enabling the company's overall results to come in ahead of average estimates, boosting Microsoft stock. The Valuation of Microsoft Stock Is Already ElevatedBut, as noted earlier, the valuation and market cap of MSFT stock are rather elevated. In fact, Microsoft stock has the highest market cap of any publicly traded company, narrowly beating out Apple (NASDAQ:AAPL) and Amazon. As a result, a great deal of cloud growth is likely already baked into MSFT stock.In fact, just last week, Cowen analyst Nick Yako initiated coverage of Microsoft stock with an Outperform rating, predicting that the combined revenue generated by Azure and the company's SaaS business, Office 365 could rise by $100 billion in five years. He added that the company's revenue and earnings could easily grow by at least 10% annually over the next five years. But despite his optimism, Yako set a $150 price target on MSFT stock, meaning that he expects Microsoft stock to climb less than 10% over the next year.That's another indication that, even if MSFT reports stronger than expected Q4 results, MSFT stock probably won't rise much. Microsoft Stock Has Other Potential Positive CatalystsDuring next year's holiday season, Microsoft will release its first completely new video-game console since 2013. According to Techradar, the new console will be "the most powerful console" and "is meant to be four times as powerful" as MSFT's current Xbox One X console. Other reports indicate that the new console will be entirely cloud-based. If it also features virtual reality and/or augmented reality and highly captivating games, it could move the needle for MSFT stock.Additionally, over the last two years, Microsoft has stepped up its investment in Teams, its"collaboration software," creating a battle with Slack (NYSE:WORK), which also offers collaboration software. Some say that companies will eventually use such software instead of e-mail. If that forecast proves to be accurate, Teams could spur rapidly accelerating adoption of Office 365, creating another positive catalyst for MSFT stock.Finally, Microsoft is being considered for a a $10 billion cloud deal with the Department of Defense. The long-delayed deal is slated to be awarded late next month. After a judge recently dismissed Oracle's (NYSE:ORCL) lawsuit related to the contract, there's a good chance that the deal could actually be announced next month or soon thereafter. Keep in mind that Microsoft is up against Amazon. But in light of President Trump's open disdain for AMZN, I certainly wouldn't bet against MSFT winning the contract. * 8 Penny Stocks That Have Fallen From Grace The Bottom Line on MSFT StockMicrosoft's Q4 results could beat expectations, but given the high valuation of Microsoft stock, they probably won't cause the shares to climb too much. Positive catalysts, however, could boost MSFT stock over the longer term. Given these positive catalysts and the excellent performance of MSFT under its current CEO, Satya Nadella, longer-term investors should buy MSFT stock on dips.As of this writing, the author did not own shares of any of the aforementioned companies. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip * 7 Services Stocks to Buy for the Rest of 2019 * 6 Stocks to Buy and 1 to Sell Based on Insider Trading The post Microsoft Stock Probably Won't Surge on Earnings -- Buy It Anyway appeared first on InvestorPlace.

  • Why Buybacks Could Fuel Stocks Even Higher
    Investopedia6 hours ago

    Why Buybacks Could Fuel Stocks Even Higher

    Despite talk that stock buybacks may be on the decline, share repurchases are on a new record pace in 2019.

  • Should Invesco Defensive Equity ETF (DEF) Be on Your Investing Radar?
    Zacks7 hours ago

    Should Invesco Defensive Equity ETF (DEF) Be on Your Investing Radar?

    Style Box ETF report for DEF

  • Business is Still Good at Alphabet: Google Stock’s a Buy
    InvestorPlace9 hours ago

    Business is Still Good at Alphabet: Google Stock’s a Buy

    I last wrote about Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) May 1 just after the company reported an earnings miss. Down more than 8% on the news, I recommended investors buy Google stock despite the miss. Source: Shutterstock InvestorPlace - Stock Market News, Stock Advice & Trading TipsHeading into next week's second-quarter earnings call, I thought I'd revisit some of the seven reasons I gave for buying GOOGL stock. * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip Analysts aren't expecting much from Alphabet, but that doesn't mean you shouldn't consider buying Alphabet stock at current prices. Here's why. Analysts Still Like Google StockAlthough analysts grew less confident about Alphabet after its first-quarter results -- eight cut the Google target price on the news -- 34 still have a buy rating, with three giving it an overweight rating and only six a hold. None have a sell rating on Google stock.The target price? $1,335.22 is the average with a high of $1,500 and a low of $1,150. At the average target price, investors are looking at 16% upside over the next 12 months. I don't know about you, but I'd take a 16% annual return every day of the week and twice on Sundays.Analysts might have lowered their target prices, but when 86% of investors have a buy or overweight rating on its stock, there must be something good about the company. Google Cloud Continues to GrowAs I wrote back in May, Google's cloud operation is playing catch-up with both Amazon (NASDAQ:AMZN) and Microsoft (NASDAQ:MSFT) when it comes to the cloud. Can it catch the two market leaders? Probably not, but it's trying hard to keep up. On July 11, Alphabet announced that it hired Kirsten Kliphouse as Google Cloud's head of North American sales, a newly created position, to enable it to go after small, medium, and enterprise customers.Google Cloud CEO Thomas Kurian has been busy filling out the division's sales team so that it can better compete against Amazon and Microsoft. In addition to hiring Kliphouse, Kurian also announced that he brought over Eduardo Lopez as head of Latin American sales, also a newly created position. Lopez and Kurian worked together for 20 years at Oracle (NASDAQ:ORCL) before Kurian left in 2018 to head up Google Cloud. In addition to making plenty of hires, Alphabet is also making a few acquisitions. In the past three months it has bought Looker, a data analytics firm, for $2.6 billion. Google also made a smaller acquisition of cloud storage company Elastifile and moved cybersecurity firm Chronicle into Google Cloud from outside Alphabet. "Kirsten and Eduardo are inspirational business leaders who will ensure we continue to build strong relationships with users, including HSBC, UPS, Whirlpool and many others, " Rob Enslin, president of global customer operations for Google Cloud, told CNBC in an email. "Their expertise in running multi-billion dollar sales organizations and managing large teams will be invaluable as we focus on accelerating our growth."Although Google's search business generates the lion's share of the company's revenues, these latest moves should help it grow other parts of its business, especially the cloud. GOOG Stock's Massive Free Cash FlowIn the trailing 12 months, Alphabet generated $25.5 billion in free cash flow. Given its current enterprise value is $690.1 billion, Alphabet stock currently has a free cash flow yield of 3.7%, which suggests that it's fairly valued at the moment. However, any time a business can generate 15 cents of free cash flow from every dollar of sales as Google does, it's not nearly as worrisome when sales growth slows to 17%, as is expected by analysts in the second quarter. Since 2016, Alphabet's free cash flow has been above $20 billion, which allows it to make more significant investments in all of its various businesses. Capital allocation continues to be a big reason why Google stock will continue to move higher. With Ruth Porat as CFO, you can be sure that the money will continue to be spent wisely. Financially, Alphabet has never been stronger. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip * 7 Services Stocks to Buy for the Rest of 2019 * 6 Stocks to Buy and 1 to Sell Based on Insider Trading The post Business is Still Good at Alphabet: Google Stocka€™s a Buy appeared first on InvestorPlace.

  • Billionaire Premji Helps Create India’s Newest Tech Unicorn
    Bloomberg13 hours ago

    Billionaire Premji Helps Create India’s Newest Tech Unicorn

    (Bloomberg) -- Billionaire Azim Premji has helped create India’s latest tech unicorn: a fast-rising software startup that symbolizes the growing investor interest in the Asian nation’s enterprise technology space.Icertis, which competes with SAP SE and Oracle Corp. to help businesses manage contracts in the cloud, has raised $115 million, propelling it to unicorn status as investors flock to enterprise software makers.The advanced-stage funding round in Bellevue, Washington and Pune, India-based Icertis was co-led by Greycroft Partners LLC and PremjiInvest, the fund managed by the family office of Indian tech billionaire Premji. Existing investors including B Capital Group, Eight Roads Ventures and Cross Creek Advisors participated. With this, Icertis has raised over $211 million.The enterprise software segment is heating up as investors from Tiger Global Management to Sequoia and Accel scour the industry for India’s next startup giants. Many are expected to be business- rather than consumer-focused, as the country’s talent pool shifts from IT outsourcing services for global clients toward designing and providing online software.Icertis said it now helps customers worldwide manage over 5.7 million contracts, from supply chain and procurement deals to employee agreements and nondisclosure pacts, that have a total value of more than $1 trillion.“As contracts get converted from static documents to digital assets for the first time in history, every dollar in or out is governed by a contract, putting them at the heart of every enterprise,” said Samir Bodas, Icertis’s co-founder and chief executive officer. “Every global company faces unprecedented global competition and needs software to manage contracts.”Icertis is currently valued at “well north of one billion dollars,” Bodas added. The company will use the additional funding to grow its business, including by expanding sales and marketing. Global compliance demands involving Brexit, tariffs, European data privacy regulations as well as rapid digitization has worked in Icertis’s favor, while technologies like artificial intelligence helped enhance the sophistry of its services.“We have been able to ride the technology wave and assert leadership in the space despite large competitors,” Bodas said, citing consultancies Forrester Research and Gartner.Icertis works on a subscription model, charging customers based on the number of contracts drawn up and tracked using its software. MGI Research forecasts the total spending by companies for such contract management at over $20 billion from 2018 to 2022, with services on the cloud growing around 37% annually over the same period.Founded in 2009 when Bodas and friend Monish Darda began exploring cloud-based applications, Icertis in 2015 homed in on building a contract management platform. Today, more than 600 of its 850 employees are based in Pune, where the product is developed. The startup operates a dozen offices from Sofia to Sydney.(Updates with Eight Roads’s participation in the third paragraph.)To contact the reporter on this story: Saritha Rai in Bangalore at srai33@bloomberg.netTo contact the editors responsible for this story: Edwin Chan at echan273@bloomberg.net, Colum MurphyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Where Millionaires Live in America 2019

    Where Millionaires Live in America 2019

    A million bucks in liquid assets puts a household into pretty elite company these days.Once you strip out the value of real estate like the family home, employer-sponsored retirement plans and business partnerships, only 6.2% of American households qualify as actual millionaires. To clarify, that means they have at least $1 million in investable assets. Examples of investable assets include cash, stocks, bonds and funds, among a bunch of other types of investments and financial products.In raw numbers, 7,698,765 out of America's 123,942,960 total households have at least a million dollars in investable assets, according to Phoenix Marketing International (PMI), a firm that tracks the affluent market.Most of these millionaire households are found in and around big cities such as New York, Los Angeles and Chicago - just as you would expect. But some millionaires prefer to avoid the hustle and bustle of major metropolises. Indeed, pockets of millionaires can be found in some far-flung places.PMI annually ranks 933 urban areas, large and small, based on the percentage of millionaire households in each location. The following list of cities is limited to Census Bureau-defined metropolitan areas with populations of at least 50,000.By PMI's reckoning, the following 13 metro areas boast the highest concentrations of millionaire households in the U.S. SEE ALSO: 25 Small Towns With Big Millionaire Populations

  • Zacks.com featured highlights include: Oracle, AngloGold Ashanti, AmerisourceBergen, Ford Motor and CACI International

    Zacks.com featured highlights include: Oracle, AngloGold Ashanti, AmerisourceBergen, Ford Motor and CACI International

    Zacks.com featured highlights include: Oracle, AngloGold Ashanti, AmerisourceBergen, Ford Motor and CACI International

  • Markityesterday

    See what the IHS Markit Score report has to say about Oracle Corp.

    Oracle Corp NYSE:ORCLView full report here! Summary * Perception of the company's creditworthiness is positive * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for ORCL with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting ORCL. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold ORCL had net inflows of $9.43 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is very weak relative to the trend shown over the past year, and has continued to ease. However, the rate of expansion may accelerate in the coming months. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. ORCL credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Financial Timesyesterday

    Share buybacks on course for record year

    Buybacks are in vogue. In the fourth quarter last year companies spent $223bn on their own shares, the most on record. This dropped in the first quarter to $205bn, but total repurchases remain on track ...

  • 5 Discounted PEG Stocks Suitable for Value Investors
    Zacks2 days ago

    5 Discounted PEG Stocks Suitable for Value Investors

    While P/E alone fails to identify a true value stock, PEG helps to find the intrinsic value of a stock.

  • Oracle (ORCL) Loses JEDI Lawsuit: Here's What You Should Know
    Zacks2 days ago

    Oracle (ORCL) Loses JEDI Lawsuit: Here's What You Should Know

    Oracle (ORCL) fails to win the lawsuit challenging JEDI contract's policies and qualifying criteria. Oracle's opposition to JEDI is likely to weigh on its ongoing business with DoD.

  • Accenture (ACN) Promotes Julie Sweet to Global CEO Position
    Zacks2 days ago

    Accenture (ACN) Promotes Julie Sweet to Global CEO Position

    Accenture (ACN) makes itself a rare company to have women in both CEO and CFO positions.

  • Why Big Tech Stock Buybacks May Be Slowing
    Investopedia3 days ago

    Why Big Tech Stock Buybacks May Be Slowing

    Heavy buyback action has contributed to outperformance by tech stocks in 2019, but the cash available for future share repurchases is running low.

  • How much will Oracle missing out on a $10 billion federal cloud contract hurt its business?
    American City Business Journals5 days ago

    How much will Oracle missing out on a $10 billion federal cloud contract hurt its business?

    A federal court dealt a blow to Oracle’s efforts to win a massive winner-take-all Department of Defense cloud contract, raising questions whether the enterprise software behemoth will face a ripple effect with its federal contracts.

  • Oracle Loses Challenge to $10 Billion Pentagon Cloud Contract
    Bloomberg5 days ago

    Oracle Loses Challenge to $10 Billion Pentagon Cloud Contract

    (Bloomberg) -- Oracle Corp. lost its legal challenge to the Pentagon’s $10 billion cloud contract on Friday, clearing the way for the government to award the contract to Amazon.com Inc. or Microsoft Corp.Federal Claims Court Senior Judge Eric Bruggink dismissed the company’s argument that the contract violates federal procurement laws and is unfairly tainted by conflicts of interests. Bruggink said that because Oracle didn’t meet the criteria for the bid, it “cannot demonstrate prejudice as a result of other possible errors in the procurement process.”The decision is a major blow to Oracle, which risks losing a share of its federal defense business if the Pentagon awards the contract to another cloud company. The ruling eliminates a headache for the Pentagon, which has been fending off challenges to its winner-take-all strategy in the cloud contract for more than a year.“Oracle will likely be most threatened by this” decision, said Bloomberg Intelligence Analyst James Bach. “They stand to lose the most ground in the Defense market if the DOD decides JEDI is the end-all be-all.”Oracle looks forward to “working with the Department of Defense, the Intelligence Community, and other public sector agencies to deploy modern, secure hyperscale cloud solutions that meet their needs,” company spokeswoman Deborah Hellinger said in a statement. She didn’t comment on whether the company plans to appeal the decision.Elissa Smith, a Defense Department spokeswoman, said in a statement that the ruling “reaffirms the DOD’s position: the JEDI Cloud procurement process has been conducted as a fair, full and open competition, which the contracting officer and her team executed in compliance with the law.”Amazon Web Services, which was also a defendant in the case, said in a statement that the company “stands ready to support and serve what’s most important – the DoD’s mission of protecting the security of our country.”JEDI ProjectThe project, known as Joint Enterprise Defense Infrastructure cloud -- or JEDI, an acronym intended to evoke “Star Wars” imagery -- is intended to be the Defense Department’s general-purpose cloud for most of its systems and applications.The Pentagon is investing in commercial cloud services, in which computing power and storage are hosted in remote data centers, to consolidate its existing technology products, embrace artificial intelligence and machine learning, and enhance its technical capabilities on the battlefield.Vying for the contract became contentious as legacy tech companies such as Oracle and International Business Machines Corp. waged a fierce lobbying and legal campaign against the Pentagon’s decision to choose just one provider. Although they are long-time government contractors, those companies were late entrants to the cloud computing market and eyed market leader Amazon as a threat to their traditional revenue streams from the Defense Department.In April, the Pentagon eliminated Oracle and IBM from the competition, leaving Amazon and Microsoft as the final contenders. Dana Deasy, the Pentagon’s chief information officer, has said the Defense Department expects to make an award in August.Amazon Web Services was widely seen as the front-runner for the contest because it had already won a $600 million contract from the Central Intelligence Agency that helped it obtain much-needed security approvals. Microsoft is catching up to Amazon through its advancements in winning such clearances, as well as a recent cloud deal with the intelligence community and years of experience working with the Defense Department.Partial VindicationThe ruling is a partial vindication for Pentagon officials who have battled months of allegations that its procurement process was corrupt, including the circulation of a 33-page anti-Amazon dossier around Washington that suggested improper personal relationships had given Amazon an edge. The Defense Department has also faced pressure from lawmakers, who criticized the deal for lacking enough competition from industry.There are still potential hurdles for the Defense Department as it moves forward with the bid. Either Microsoft or Amazon could lodge a challenge of the contract with Government Accountability Office or in the Federal Claims Court if they were to lose. Oracle could also appeal the ruling in the Court of Appeals for the Federal Circuit.On Friday, Chris Lynch, the former director of the Defense Digital Service, which designed the project, praised his former team for their work on the project.“JEDI will immediately deliver much needed capabilities to the warfighter, deliver incredible capabilities that are built from the best tech, and it will change lives,” he tweeted. “Couldn’t be more proud.”Contested TermsOracle’s lawsuit, which was filed in December, alleged that the Pentagon’s minimum requirements for the contract as well as its decision to pick just one winner violated federal procurement laws designed to ensure competition. The government has said choosing one winner would reduce security risks and better enable it to consolidate its technology products.The suit also claimed that the procurement has been marred by conflicts of interest, including ties between former Defense Department officials and Amazon. At least two of the former employees were offered jobs at the company while working on the contract, according to the lawsuit.The Pentagon determined in its internal review that the relationships had no adverse impact on the integrity of the acquisition process but said the department’s inspector general was looking into potential unethical conduct. Bruggink said in his ruling that the Defense Department’s determination on the allegations was not “arbitrary, capricious, an abuse of discretion, or otherwise not in accordance with law.”(Updates with Pentagon comment in sixth paragraph.)\--With assistance from Nico Grant.To contact the reporter on this story: Naomi Nix in Washington at nnix1@bloomberg.netTo contact the editors responsible for this story: Sara Forden at sforden@bloomberg.net, Larry LiebertFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Judge dismisses Oracle lawsuit over $10B Pentagon JEDI cloud contract
    TechCrunch5 days ago

    Judge dismisses Oracle lawsuit over $10B Pentagon JEDI cloud contract

    Oracle has been complaining about the procurement process around thePentagon's $10 billion, decade-long JEDI cloud contract, even before the DoDopened requests for proposals last year

  • Oracle's JEDI challenge defeated but analyst says Congress remains wild card
    American City Business Journals5 days ago

    Oracle's JEDI challenge defeated but analyst says Congress remains wild card

    Despite winning its case in the Court of Federal Claims Friday, the Department of Defense still faces a looming challenge on Capitol Hill in trying to award the JEDI contract.

  • Judge strikes down Oracle’s claim that $10B JEDI proposal illegally favors Amazon
    American City Business Journals5 days ago

    Judge strikes down Oracle’s claim that $10B JEDI proposal illegally favors Amazon

    A federal judge signaled that he would reject Oracle’s lawsuit over the Pentagon’s $10 billion Joint Enterprise Defense Infrastructure project, allowing the project to continue moving forward.

  • Benzinga5 days ago

    Oracle Loses Legal Appeal Over $10B Government Cloud Contract

    Tech giant Oracle Corporation (NYSE: ORCL) was eliminated from a contract with the U.S. government in April and has lost a legal challenge it mounted over the decision, Bloomberg reported Friday. The Pentagon eliminated Oracle from a four-way bidding process with a $10-billion cloud contract on the line as part of the Joint Enterprise Defense Infrastructure (JEDI) initiative. Following the decision, Oracle argued in a legal appeal with the Federal Claims Court that the contract violated federal procurement laws given conflicts of interest with rival bidder Amazon.com, Inc. (NASDAQ: AMZN).

  • TheStreet.com5 days ago

    Oracle Falls After Judge Sides With Pentagon in $10B Government Contract Case

    The judge allowed the Defense Department to void its $10 billion contract with Oracle, clearing the way for Amazon and Microsoft to compete for it.

  • Here's What We Like About Oracle Corporation (NYSE:ORCL)'s Upcoming Dividend
    Simply Wall St.5 days ago

    Here's What We Like About Oracle Corporation (NYSE:ORCL)'s Upcoming Dividend

    Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Oracle...

  • Financial Times5 days ago

    Oracle loses challenge to Pentagon’s $10bn cloud computing contract

    A federal judge has cleared the way for the US Department of Defense to award its $10bn cloud computing contract to Amazon or Microsoft with a ruling on Friday dismissing a challenge from Oracle. Judge Eric Bruggink of the US Court of Federal Claims dismissed Oracle’s claims that the procurement process violated federal laws meant to ensure a competitive process and was marred by conflicts of interest. Because Oracle could not meet the criteria for the bid, “it cannot demonstrate prejudice as a result of other possible errors in the procurement process,” he wrote.

  • GuruFocus.com6 days ago

    Finding Value the Jean-Marie Eveillard Way

    Tips on finding value from one of the world's most experienced investors Continue reading...

  • Benzinga6 days ago

    Loadsmart And Oracle Collaborate To Digitize Logistics

    Loadsmart, a digital freight brokerage, today announced a collaboration to provide Oracle Logistics Cloud  (NYSE: ORCL ) customers instantly bookable truckload rates and guaranteed capacity from its network ...

  • 2019 Oracle ITA National Fall Championships Come to Newport Beach, California
    PR Newswire6 days ago

    2019 Oracle ITA National Fall Championships Come to Newport Beach, California

    TEMPE, Ariz., July 11, 2019 /PRNewswire/ -- The Intercollegiate Tennis Association (ITA) and Oracle announced today that Newport Beach Tennis Club and The Tennis Club at Newport Beach Country Club will serve as host sites for the 2019 Oracle ITA National Fall Championships November 6 – 10. The men's and women's finals will be held at Newport Beach Tennis Club. "Oracle's commitment to college tennis continues to help move our sport to the forefront of intercollegiate athletics," ITA Chief Executive Officer Dr. Timothy Russell said.