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Oracle's stock fell nearly 8% after missing earnings estimates and issuing weaker guidance. Oracle's cloud services, driven by AI demand, grew 12% in the last quarter, making up 77% of revenue.
Oracle's (NYSE: ORCL) shares ended the week with a price bump, as the storied database company rose by nearly 3% on Friday. This was on the news that several analysts raised their price targets on ...
That said, Oracle's not in a bad spot, it's just facing a hill to climb where, yes, it could stumble and slide back down. However, the company's investments in AI and health will likely start to ...
Software giant Oracle helped lead the losses for tech stocks after reporting revenue for the latest quarter that fell just short of what analysts expected. Its stock tumbled 13.5%, even though its ...
The acquisition of Sun Microsystems by Oracle Corporation was completed on January 27, 2010. [1] After the acquisition was completed, Oracle, only a software vendor prior to the merger, owned Sun's hardware product lines, such as SPARC Enterprise, as well as Sun's software product lines, including the Java programming language.
This is a listing of Oracle Corporation's corporate acquisitions, including acquisitions of both companies and individual products. Oracle's version [1] does not include value of the acquisition. [2] See also Category:Sun Microsystems acquisitions (Sun was acquired by Oracle).
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The research firm raised its price target from $155 to $210, implying a 22% upside in the stock. Additionally, over the weekend, Jefferies raised its price target on the stock from $170 to $190 ...