46.69 -3.50 (-6.97%)
After hours: 6:13PM EST
|Bid||46.99 x 200|
|Ask||47.10 x 100|
|Day's Range||49.94 - 50.40|
|52 Week Range||38.30 - 53.14|
|PE Ratio (TTM)||21.83|
|Forward Dividend & Yield||0.76 (1.57%)|
|1y Target Est||N/A|
Dozens of men have been accused of sexual misconduct since The New York Times exposed Harvey Weinstein back in October. Why hasn't this list included more CEOs?
Oracle Corp. shares drop in the extended session Thursday as the enterprise software company misses Wall Street growth targets in its cloud-computing business that many analysts had warned were too optimistic, ...
[Updates with revenue growth forecast at bottom of story, stock price change.] Database software giant Oracle (ORCL) this afternoon reported fiscal Q2 revenue and profit that topped analysts’ expectations, and said it would add an extra $12 billion to the company’s buybacks war chest, but its shares fell in late trading, and fell even lower after a forecast for revenue this quarter came up short. Within cloud, “software as a service,” or SaaS, revenue, was up 55% at $1.12 billion. Cloud software designated as “platform” and “infrastructure” rose 21% to $396 million.
Oracle is undergoing a transition from traditional on-premise software to a model driven by cloud subscriptions.
Oracle Corp reported better-than-expected quarterly profit and sales but the company's shares dipped in extended trading as revenue in its fast-growing cloud-based business fell short of analysts' estimates. ...
Oracle Corp. shares declined in the extended session Thursday after the enterprise software company topped broader Wall Street estimates but fell short of the mark on cloud revenue estimates. Oracle shares ...
Oracle Corp. reported sales that were better than analysts expected in the fiscal second quarter amid strong demand for its cloud computing software products.
The Redwood City, California-based company said it had profit of 52 cents per share. Earnings, adjusted for amortization costs and stock option expense, came to 70 cents per share. The results exceeded ...
Oracle stock fell slightly after the company filed results for the quarter that ended on Nov. 30, during which it unveiled "autonomous" database software.
Oracle Corp reported a 10 percent rise in quarterly profit on Thursday as the business software maker benefited from demand for its newer cloud services and a rebound in sales of its traditional on-premise ...
Oracle is transitioning from traditional on-premise software licensing and maintenance support to a model driven by cloud subscriptions.
Shares of database giant Oracle (ORCL) are up 15 cents at $50.20, in advance of the company’s fiscal Q2 report this afternoon, after the closing bell, and the Street has been tuning up its models for what to expect. Sarah Hindlian of Macquarie Research, who has an Outperform rating on Oracle stock, and cuts her price target two bucks to $57, reminding her clients “Turning the Titanic Takes Patience” (a somewhat dubious proviso, I’d think.) She’s expecting “in-line” results this afternoon, and the bigger picture is that forecast for this quarter will be the first “normalized” results for Oracle’s cloud computing business, as it laps the acquisition of NetSuite.
As of December 12, 2017, Oracle (ORCL) stock has risen 24% and 30.7% in the trailing 12-month period and YTD (year-to-date), respectively.
In fiscal 1Q18, Oracle’s (ORCL) total cloud revenues rose 51.4% to $1.5 billion, with an annual run rate of $6 billion.
Oracle's (ORCL)stock was trading around $38 per share at the beginning of 2017 and has progressed to ~$50 per share as of early December 2017.
According to the Wall Street Journal, the tech sector is expected to drive the S&P 500 toward its fifth-straight quarter of earnings growth.
While US (SPY) corporate executives are largely in favor of the proposal to rewrite the US tax code, they're unhappy with the retention of the part that deals with an alternative minimum tax (or AMT)
Oracle Corp. appears to be in a more predictable stage of its cloud transition, but those predictions haven’t lived up to expectations so far.
Oracle Corporation (NYSE:ORCL) has been in a holding pattern of late. If someone asked me if ORCL stock was a mover-and-shaker on its price chart, I’d have to say no. But when it comes to earnings, Oracle shares have proven to be very consistent in gapping and putting together decent size moves. Notice, I didn’t say ORCL stock was consistent with the direction.