|Bid||46.50 x 1400|
|Ask||46.56 x 3200|
|Day's Range||46.41 - 47.03|
|52 Week Range||42.57 - 53.48|
|Beta (3Y Monthly)||1.04|
|PE Ratio (TTM)||49.16|
|Earnings Date||Dec 17, 2018|
|Forward Dividend & Yield||0.76 (1.61%)|
|1y Target Est||52.90|
Oracle Corp. needs to find a windfall as many believe the database giant is falling behind in its transition to the cloud.
CNBC's Jim Cramer laments the state of the stock market as he looks ahead to a pivotal week. The Federal Reserve is expected to raise interest rates next Wednesday. The stock market's staggering declines may not be over, but steel-stomached investors might still find some worthwhile stocks to buy if they're careful and know where to look, CNBC's Jim Cramer said Friday.
Editor’s note: InvestorPlace’s Earnings to Watch is updated weekly. You might think the earnings calendar would be quiet the week before Christmas. Admittedly, it’s probably too late to hope for a so-called “Santa Claus rally,” but there’s enough on the earnings calendar to drive some optimism toward the U.S. consumer, in particular.
There is nothing seriously wrong at Adobe Systems (NASDAQ:ADBE). Despite reporting “record quarterly and annual revenue,” ADBE stock plunged. Shares of Adobe are now down roughly 6% at about $243 per share. The “problem” was that while $1.87 per share of earnings looked great on paper, analysts had been expecting a penny more. For the year, Adobe earnings came in six cents short of estimates for $6.82 per share, reporting per-share earnings of $6.76.
The words "Warren Buffett (Trades, Portfolio)" and "tech stocks" did not often previously appear in the same sentence together, but that has changed in recent years. Warning! GuruFocus has detected 4 Warning Signs with UNFI. The sector grew to encompass 27.7% of his portfolio in the third quarter, its largest representation in nine years of data.
Amazon Web Services argued it should be added as a defendant in Oracle's JEDI lawsuit because of its “direct and substantial economic interests at stake."
The lawsuit is the latest protest by Redwood City-based Oracle over the Joint Enterprise Defense Infrastructure, or JEDI, contract, for which Amazon.com's Amazon Web Services is largely seen to be the frontrunner.
You’ve still lost money on Walmart stock, but just 2% while stock in the average has lost 8.5%. Until Nov. 9, Walmart investors were holding a fat 9% gain for the year. Back in August, when the market looked better, Walmart’s beat sent the shares up 10% in a single day.
After seeing a brief decline, Twilio (NYSE:TWLO) stock has again begun to achieve new record highs. Twilio stock quickly recovered from the recent tech bear market that hit most of its peers. Although Twilio’s ability to acquire and hold key clients assures its bright future, I would caution prospective buyers not to open positions at these levels.
Oracle filed suit in federal court last week alleging yet again that the decade-long $10 billion Pentagon JEDI contract with its single-vendor award is unfair and illegal. The complaint, which has been sealed at Oracle's request, is available in the public record with redactions. If all of this sounds familiar, it's because it's the same argument the company used when it filed a similar complaint with the Government Accountability Office (GAO) last August.
Oracle (ORCL) knows that it is way behind in the cloud services market and it needs to do something dramatic to address this issue. According to Synergy Research Group, Amazon (AMZN), Microsoft (MSFT), IBM (IBM), Google (GOOG), and Alibaba (BABA) are the top five players in the cloud services market as of Q3 2018.
SEATTLE, Dec. 11, 2018 /PRNewswire/ -- KubeCon – Oracle today announced the Oracle Cloud Native Framework, providing developers a cloud native solution that spans public cloud, on premises and hybrid cloud deployments. Capitalizing on Oracle Cloud Infrastructure and the recently announced Oracle Linux Cloud Native Environment, the Oracle Cloud Native Framework introduces a rich set of cloud native managed services and on-premises software. The Oracle Cloud Native Framework also introduces Oracle Functions, a new breakthrough serverless cloud service based on the open source Fn Project.
Some of the metrics that investors will be looking for in Oracle’s earnings include revenue growth, EPS growth, and free cash flow growth. The company disappointed investors as revenue growth failed to beat analyst expectations. Oracle guided for revenue growth of between 0% and 2% in constant currency terms for the current quarter.
Oracle Corp. is now taking its bid to upend a potential $10 billion Pentagon cloud computing procurement to the U.S. Court of Federal Claims. What are its chances for success?
ServiceNow is the IBD Stock Of The Day as the software maker clears its 50-day and 200-day moving averages, breaking a recent downtrend. Solid guidance from peers has helped the company.
Oracle expects its EPS to rise between 11% and 15% to reach $0.77–$0.79 in the current quarter—healthy growth compared to the flattish revenue growth the company expects. According to Oracle, its free cash flow has risen 10% in the last year. Free cash flow is an important metric that shareholders consider when making investment decisions.
In the previous article, we discussed how Oracle’s (ORCL) revenue growth slowed in the fourth quarter of fiscal 2018 and improved just ~0.5% in the first quarter of fiscal 2019. According to the outlook provided by Oracle, it expects its revenue to grow between 0% and 2% in constant currency terms in the quarter, but the strengthening US dollar could hurt its revenue growth expectations. In August, the Turkish lira went through a bad phase that spread to other emerging markets.