53.13 0.00 (0.00%)
After hours: 4:58PM EDT
|Bid||53.02 x 1800|
|Ask||53.46 x 4000|
|Day's Range||52.95 - 53.54|
|52 Week Range||42.40 - 55.53|
|Beta (3Y Monthly)||1.09|
|PE Ratio (TTM)||19.04|
|Forward Dividend & Yield||0.96 (1.90%)|
|1y Target Est||N/A|
Adobe and Oracle shares are vulnerable despite trading near all-time highs, suggesting that investors tighten up risk parameters.
The stock is near record highs, but Wall Street analysts are feeling a little jittery about what the software company is going to say about the outlook for fiscal 2020.
Investors will be keeping an eye on earnings reports from Adobe and others, Slack Technologies IPO on Thursday, and the Fed interest-rate decision on Wednesday.
Oracle Corp NYSE:ORCLView full report here! Summary * Perception of the company's creditworthiness is negative * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for ORCL with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold ORCL had net inflows of $8.26 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 | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. ORCL credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.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.
The Federal Reserve's Federal Open Market Committee will meet on Tuesday and Wednesday. Some analysts and economists believe that May's consumer price index, which revealed a slight year-over-year decline in inflation, has set the stage for an interest-rate cut. As for quarterly earnings releases, it will be another relatively quiet week.
Let's see what to expect from Oracle's fourth-quarter fiscal 2019 financial results that are due out after the closing bell on Wednesday, June 19.
Editor's note: InvestorPlace's Earnings Reports to Watch is updated weekly. Please check back next week for our latest earnings picks.U.S. equity markets are climbing again. After weakness in May, broad market indices have rallied in June -- for reasons that aren't obvious. Earnings reports haven't been much of a driver; the earnings calendar has been light. External factors still seem somewhat bearish.It may be that fears of a trade war are being balanced by hopes for another Fed rate cut. The May sell-off may have been enough to entice investors. With Treasury yields plunging and overseas risks rising, it may be that investors simply see nowhere else to find returns.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFor now, at least, investors seem willing to stick with U.S. equities. With a month to go until earnings season kicks in again, it remains to be seen whether that will remain the case.In the meantime, there are some interesting earnings reports to watch next week -- even if the calendar remains too light to move the entire market. A tech giant will try to prove its turnaround is underway. A cannabis leader will try to jumpstart a sector that has struggled in recent months. And one of the nation's most important retailers should give clues as to the health of the U.S. consumer. * 10 Stocks to Buy That Wall Street Expects to Soar for the Rest of 2019 Investor eyes likely will stay on politics next week, but savvy investors should keep a close eye on these earnings reports as well, even if they may not make headlines. Earnings Reports to Watch: Oracle (ORCL)Source: Shutterstock Earnings Report Date: Wednesday, June 19, after market closeSimply put, recent earnings from Oracle (NYSE:ORCL) haven't been good enough. Oracle actually has beaten expectations in the last two quarters, but revenue declined year-over-year in each period. The company's long-awaited shift to the cloud hasn't played out.Given that, ORCL stock actually has held up reasonably well, touching an all-time high earlier this year. But investor patience might be running out. I asked over a year ago whether Oracle was the next Microsoft (NASDAQ:MSFT) -- a tech giant ready to reclaim former glory -- or the next IBM (NYSE:IBM), unable to quite keep pace with the technological change around it.Oracle still hasn't answered that question, but it gets another chance on Wednesday afternoon. A big fiscal-fourth-quarter report, including some level of revenue growth, might stoke optimism and allow ORCL to reclaim those all-time highs. Anything less at a time when cloud demand should be soaring, and investors might get sick of waiting for Oracle to show progress on its turnaround. Kroger (KR)Source: Shutterstock Earnings Report Date: Thursday, June 20, before market openGrocery stores, including Kroger (NYSE:KR), plunged two years ago when Amazon.com (NASDAQ:AMZN) acquired Whole Foods Market. That deal perhaps hasn't been as transformative as some thought it might be - but since then, sentiment toward grocery stocks has appeared muted. KR stock did manage to rally from late 2017 lows -- but a 10% decline so far this year has the stock back where it traded two years ago.But what the Amazon-Whole Foods deal obscured was the fact that Kroger itself had sent the industry reeling just the day before. A disastrous fiscal Q1 report sent KR shares tumbling 18% and brought other grocery stocks down with it. As that report showed, Kroger earnings can impact its peers and even its competitors.For both Kroger and the grocery sector, Q1 FY20 results seem particularly important. Kroger reported more margin pressure with its fiscal Q4 report in March. Walmart (NYSE:WMT), Costco Wholesale (NASDAQ:COST) and even Target (NYSE:TGT) continue to show strength. A second straight miss -- particularly if accompanied by more margin pressure -- will suggest that Kroger is struggling to compete. That in turn suggests that smaller chains like Weis Markets (NYSE:WMK) and Ingles Markets (NASDAQ:IMKTA) may have their own problems going forward. * 7 High-Quality Cheap Stocks to Buy With $10 With those stocks all selling off of late, expectations for Kroger earnings likely are low. But the company will need to at least meet those expectations -- or else investors might start questioning not just KR stock, but the entire sector. Canopy Growth (CGC)Source: Shutterstock Earnings Report Date: Thursday, June 20, after market closeAfter a big rally to start 2019, shares of cannabis play Canopy Growth (NYSE:CGC) have drifted mostly downward. That includes a 20%+ decline from late April highs. Other major pot plays have seen similar trends. With growth slowing in the Canadian recreational market, and no other significant catalyst on the horizon, the optimism surrounding cannabis stocks at least seems to have moderated.We'll see if Canopy Growth -- the most valuable direct cannabis play out there -- can resurrect some of that optimism on Thursday afternoon. Certainly, Canopy earnings are likely to move the entire sector.And in the context of recent reports, Canopy is carrying a lot of weight. Aurora Cannabis (NYSE:ACB) missed revenue estimates in its fiscal Q3 last month. Cronos (NASDAQ:CRON) earnings were underwhelming.The sector clearly needs some good news. At the moment, it looks like it's up to Canopy Growth to provide it.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Stocks to Buy That Wall Street Expects to Soar for the Rest of 2019 * 7 Value Stocks That Are Flying Under the Radar * 6 Mouth-Watering Fast Food Stocks for Growth Investors Compare Brokers The post 3 Earnings Reports to Watch Next Week appeared first on InvestorPlace.
Oracle Corporation (NYSE: ORCL ) is scheduled to report its fourth-quarter results after the market close Wednesday, June 19. The print marks the easiest comp of the year for the tech company, but could ...
Officials with Oracle Corp. haven't reached out to city leaders recently, according to Mayor David Briley.
Oracle co-founder Larry Ellison has reportedly taken a renewed, hands-on role at the company, stepping in to fill the void left after former executive Thomas Kurian took a new job at Google.
In an eventful week, Microsoft packed in an Oracle deal, faced an EU judgement on Skype, criticized a GCHQ suggestion on privacy/security and also announced interesting product news.
Oracle (ORCL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Oracle (ORCL) updates Retail suite of cloud-based services with Size Profile Science, in a bid to expand retail customer base.
The vice president for AWS’ worldwide public sector business offered her argument for her company's JEDI bid.
Companies like Salesforce (CRM) can see the burgeoning demand for big data and the analytics involved. They are planting their stake deep in the foundation of the industry no matter the cost.
Salesforce.com agreed to buy big data firm Tableau Software for $15.3 billion in an all-stock deal. This has put the spotlight on ETFs having large exposure to Salesforce.
Microsoft (NASDAQ:MSFT) is once again the most valuable company in the world, by a large margin. MSFT stock is currently trading with a market cap of $1.02 trillion.Source: Johannes Marliem Via FlickrSecond-place Amazon.com (NASDAQ:AMZN) is at $888 billion, and Apple (NASDAQ:AAPL) is at $886 billion. Alphabet (NASDAQ:GOOGL,NASDAQ:GOOG) is even further back at $740 billion.How Microsoft has done this, without drawing the ire of the antitrust police? Partnerships. One example is yesterday's Microsoft news announcing a cloud interoperability partnership with Oracle (NASDAQ:ORCL). This is being presented as a win for customers who want to use multiple clouds.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThose looking to make snark points can note how Oracle board member Leon Panetta has been making big money at Oracle. But since he joined the board, in 2016, Panetta would have been better off in an S&P 500 index fund. It's Microsoft stock that's ridden to glory, recently gaining nearly $84 billion in market cap in just five trading sessions. Going Along by Getting AlongMicrosoft CEO Satya Nadella has accomplished all this growth in MSFT stock reversing the course set by predecessor Steve Ballmer, and even by co-founder Bill Gates. * 7 Stocks to Buy As They Hit 52-Week Lows Instead of buying or burying competitors, Nadella has embraced them. He has built a cloud in Azure that's neutral in terms of technology and globe-girdling in its reach, with operations on every continent.This has provided a lifeline to Oracle, whose cloud has become an also-ran.And Oracle has bigger problems than cloud. Salesforce (NASDAQ:CRM) and other software as a service companies -- some, like Salesforce, built with Oracle software -- continue to grab market share. Even Oracle's database niche continues to face new fast-growing competitors. What, Me Monopoly?Oracle moved toward Microsoft, ironically, because it has seen how Microsoft treated open source. Oracle went to war with open source for two decades. Most notably it bought Sun Microsystems in 2010 and made its open source crown jewels - Java, mySQL and Open Office -- de-facto proprietary. It may have won its point in court but it seems a pyrrhic victory.Microsoft, once as opposed to open source as Oracle itself, is now a member in good standing of all major open source groups. It even owns the largest open source code repository, Github.Neutrality has been very, very good for Microsoft. The shares are up 242% since Nadella took over in 2014 while Oracle is up just 36%. This hasn't come at a sacrifice in the dividend, which has nearly doubled in that time. Microsoft continues to make acquisitions. It made 15 in 2018 alone. But most are small, bolt-on deals for units like LinkedIn or Xbox.Speaking of Xbox, Microsoft now has a partnership with Sony (NYSE:SNE) in cloud gaming. The two leaders in console gaming have teamed up because, they note, Amazon and Google are threatening to run away with the cloud market.This may be the key point. Every announcement Microsoft makes to extend Azure, or to partner with former foes, is portrayed as a defensive move, necessary because some other company threatens to monopolize a market.Microsoft has no monopolies. Microsoft has its hands in every key market -- operating systems, gaming, applications, enterprise software, social -- but controls none. The Bottom Line for MSFT StockOnce a company becomes the world's most valuable there is a target on its back.MSFT stock now has that target on its back, as the target was once on the back of Apple, Amazon, and others. But it has been here before. * 7 Dark Horse Stocks Winning the Race in 2019 Of course, Microsoft was a monopoly then, as Oracle once tried to be.Dana Blankenhorn is a financial and technology journalist. He is the author of a new environmental story, Bridget O'Flynn and the Bear, available now at the Amazon Kindle store. Write him at email@example.com or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in MSFT, AMZN and AAPL.Compare Brokers The post MSFT Stock: Why No One Is Calling the World's Largest Company 'Too Big' appeared first on InvestorPlace.
The company’s $15.7 billion acquisition of data analytics company Tableau Software marked its largest deal to date — but there may be an even bigger one on its radar screen.
In a bid to add an impetus to its analytical capabilities, salesforce (CRM) is set to acquire Tableau Software for a deal value of $15.3 billion.