|Bid||0.00 x 900|
|Ask||48.90 x 21500|
|Day's Range||47.83 - 48.81|
|52 Week Range||42.57 - 53.48|
|PE Ratio (TTM)||54.03|
|Earnings Date||Sep 12, 2018 - Sep 17, 2018|
|Forward Dividend & Yield||0.76 (1.65%)|
|1y Target Est||53.27|
The U.S. Defense Department is running a winner-take-all competition to choose a cloud-computing company to host its trove of information, perhaps including top national-security secrets, so that warfighters and military leaders can make data-driven decisions at "mission-speed." Amazon.com Inc., Microsoft Corp. and International Business Machines Corp. are among those vying for the multibillion-dollar contract. The massive scope of the project, and the Pentagon’s intention to choose just one winner, has caught the attention of the tech industry and U.S. lawmakers. Some technology companies think the Defense Department favors Amazon.
The solid fourth-quarter results from Oracle Corporation (NYSE:ORCL) put an end to the downside momentum. Declines in its Cloud and On-Premise Software unit (by 5 percent, to $2.5 billion), hardware (flat at $1.12 billion), and Services (down 1 percent, to $883 million) were offset by the 8 percent growth in Cloud Services and License Support ($6.77 billion in revenue). This gives Oracle the option of buying smaller growth firms in the software and cloud space if an opportunity comes up.
LONDON, July 12, 2018 /PRNewswire/ -- SAM Labs, an award winning EdTech company, has chosen Oracle NetSuite to support its rapid growth as it helps address the increasing global demand for science, technology, engineering, art and mathematics (STEAM) skills. With NetSuite, SAM Labs is able to focus on its goals of getting young students excited about technology while easing the mounting pressure on time-strapped teachers by streamlining and scaling its critical business processes. To help address this challenge, SAM Labs conducted a successful Kickstarter campaign in 2014 to fund new IoT-connected learning kits that allow teachers to present STEAM lessons in a highly interactive and engaging environment.
BLOK Technologies Inc. ("BLOK Tech" or the "Company") (CSE:BLK) (2AD.F) is pleased to announce that its 100% owned subsidiary Greenstream Networks Inc. (“Greenstream”) has been accepted into the Oracle Scaleup Ecosystem, a global acceleration program for start-ups. Oracle’s global start-up mission is to provide enriching, collaborative partnerships to enable next-generation growth, business development, and to drive cloud-based innovation for start-ups throughout all stages of their development. The program is designed for start-ups and venture capital and private equity portfolio companies to enable hypergrowth and scale.
A few surprises are coming to light as some of the nation's biggest tech employers reveal how much they pay a typical worker. For starters, it's clear that the most established companies aren’t necessarily the ones that pay the highest. Take, for example, chipmaker Intel Corp. With revenue last year of almost $63 billion, the Santa Clara-based company is neck-and-neck with Samsung for the title of the world's biggest semiconductor maker.
SAN MATEO, Calif., July 11, 2018 /PRNewswire/ -- To focus time on rapidly changing client needs, boutique media agencies are selecting Oracle NetSuite to scale their business, without sacrificing creativity. Founded in 2006, Forthea Interactive specializes in SEO, pay per click, web analytics, website design and social media marketing. The company prides itself on building successful campaigns for its clients by balancing the creative with the analytical.
NEW YORK, NY / ACCESSWIRE / July 11, 2018 / U.S. markets closed higher Tuesday as the kickoff of the latest corporate earnings season outweighed ongoing trade war concerns. The Dow Jones Industrial Average ...
Oracle’s tepid top- and bottom-line guidance for fiscal Q1 2019 has affected its stock price. Wedbush has downgraded Oracle stock from “outperform” to “neutral” and slashed its price target to $49 from $55.
LONDON, UK / ACCESSWIRE / July 11, 2018 / If you want access to our free earnings report on Oracle Corp. (NYSE: ORCL), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=ORCL. The Company reported its financial results on June 19, 2018, for the fourth quarter and full fiscal year 2018. The American multinational computer technology corporation surpassed market estimates for revenues and earnings for Q4 FY18.
Oracle’s (ORCL) EPS have continued to grow, driven by rising demand for its cloud and license business, adoption of its ERP1 and HCM2 SaaS3 products, the successful integration of NetSuite, and its autonomous database launch. The company’s strong product portfolio has helped it counter competition against tech giants such as IBM (IBM), Microsoft (MSFT), and Accenture (ACN).
Oracle (ORCL), the leading database service provider, has been selected by French-based ÏDKIDS COMMUNITY to help analyze consumers’ behavior and preferences—according to an announcement on July 9. Oracle’s retail planning and optimization cloud services will be implemented by ÏDKIDS COMMUNITY to achieve its objectives.
Another question is whether yesterday’s Treasury yield strength can roll into the new day. Last but not least, consider keeping an eye on the 2790 area for the S&P 500 (SPX). On the earnings front, PepsiCo Inc. (NASDAQ: PEP) earned an adjusted $1.61 a share in Q2, beating the average Wall Street analyst estimate.
As a latecomer to the cloud business, Oracle (ORCL) has implemented various strategies in terms of acquisitions, new product launches, and product upgrades. Oracle’s aggressive acquisition strategy not only saves time for the company to develop and upload new applications in its cloud but also provides customers easy access to its cloud products. Oracle Cloud’s fully autonomous self-driving database is also supporting customer growth.
The most established companies aren’t necessarily the ones that pay the highest — just look at how much more the median worker at Nvidia makes compared to the typical employee at much-larger rival Intel.
REDWOOD SHORES, Calif., July 10, 2018 /PRNewswire/ -- Oracle has been placed in the furthest overall position for its completeness of vision within the entire Magic Quadrant in Gartner's 2018 "Magic Quadrant for Digital Commerce"1, which evaluated Oracle, including its Oracle Commerce Cloud. This is the ninth consecutive time that Oracle has been named a Leader in this Magic Quadrant. Oracle believes that its Leader position underscores its continued innovation in developing a modern, end-to-end digital commerce solution.
Also received highest score for Global-Enterprise Use Case in 2018 Gartner Critical Capabilities for Identity Governance and Administration REDWOOD SHORES, Calif., July 10, 2018 /PRNewswire/ -- Oracle ...
Oracle (ORCL) has continued to enhance its cloud platform through important acquisitions such as that of NetSuite, and by launching innovative product features. The company’s Fusion ERP1 and HCM2 products are hugely popular and remain key drivers of its overall cloud business. The company’s aim to combine innovative features such as voice recognition applications and autonomous database capabilities in the cloud may further drive business going forward.
Oracle (ORCL) has maintained a strong capital return policy to boost shareholders’ wealth. In the last five years, the company has put ~$55.9 billion toward stock buybacks and regular dividend payments, at an average of ~$11.2 billion per year. It has bought back $43.2 billion in stock at an average of $8.6 billion per year.
The launch of Oracle’s (ORCL) BYOL (bring-your-own-license) policy offers clients the opportunity to migrate their existing on-premises licenses to Oracle Cloud. As Oracle’s license revenue generated through the BYOL program did not fall under its on-premises or cloud business, the company changed its reporting segments in fiscal Q4 2018. Oracle now reports its software licenses under its new cloud license and on-premises license segment, and has combined its cloud SaaS1, PaaS2, IaaS3, software license updates, and product support into cloud services and license support. As shown in the graph above, the newly merged cloud service and license support business has grown at a compound annual rate of 2% over the last five quarters.
Oracle (ORCL) is gradually converting its cloud service types—SaaS1, PaaS2, and IaaS3—into a single standard data center. These data warehouses are supported by a bare-metal infrastructure managed by a single unified operations team.
Intuitive Planning Cloud Service Enables Retailer to Better Understand Consumer Behavior and Preferences across Brands and Store Locations REDWOOD SHORES, Calif., July 9, 2018 /PRNewswire/ -- Today Oracle ...
This could indicate that investors who seek to profit from falling equity prices are not currently targeting ORCL. Over the last one-month, outflows of investor capital in ETFs holding ORCL totaled $3.48 billion.
For many investors, Oracle Corporation (NYSE:ORCL) is an aging institution in a rapidly evolving technology sector. While no one questions their technical and business acumen, ORCL stock appears increasingly irrelevant. Sure, ORCL stock has experienced considerable volatility and choppiness this year.