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Oracle Is Reshaping Its Earnings. The Cloud Is How.
Barrons.com63d agoneutral
Oracle Is Reshaping Its Earnings. The Cloud Is How.

Oracle reports fourth-quarter earnings on Wednesday afternoon as it continues to disrupt its own legacy software business with cloud software and services. Wall Street analysts are expecting the company to report $1.96 in adjusted earnings per share, up from $1.70 the year before. With sales of its mature business software stalled, in 2019 Oracle began running the Microsoft cloud-pivot playbook.

Top stories to watch Wednesday June 10
Yahoo Finance Video63d agoneutralVIDEO
Top stories to watch Wednesday June 10

Asking for a Trend Host Josh Lipton breaks down what investors should be on the lookout for on Wednesday, June 10, including earnings from Oracle (ORCL), Chewy (CHWY), and May's CPI report.

Bank of America aggressively revamps Oracle stock price target
TheStreet63d agoneutral
Bank of America aggressively revamps Oracle stock price target

Most people don't think about Oracle the way they think about Nvidia or Broadcom. It doesn't have the same flashy artificial intelligence (AI) narrative. It started as a CIA database project in 1977. For decades, it was the unglamorous but indispensable backbone of enterprise computing. Then the ...

Oracle faces vital AI reality check in upcoming earnings
TheStreet63d agoneutral
Oracle faces vital AI reality check in upcoming earnings

There are times when one company's results stop being just about that company and become a referendum on an entire sector thesis. For AI cloud infrastructure, that moment arrives on June 10, when Oracle (ORCL) reports fiscal fourth-quarter 2026 results after the market closes. The setup is ...

OpenAI’s Spending Spree Is Pushing Its IPO. Inside a High-Risk Tech Debut.
Barrons.com63d agoneutral
OpenAI’s Spending Spree Is Pushing Its IPO. Inside a High-Risk Tech Debut.

OpenAI announced it has confidentially filed for an initial public offering one week after competitor Anthropic announced it planned to go to market. The ChatGPT parent said in a blog post on Monday night that it has recently submitted a confidential S-1 to the Securities and Exchange Commission. “We expect it to leak so we’re just announcing it,” the company said in the blog post.

OpenAI Files for IPO. It Will Have Huge Market Consequences.
Barrons.com63d agoneutral
OpenAI Files for IPO. It Will Have Huge Market Consequences.

OpenAI announced it has confidentially filed for an initial public offering one week after competitor Anthropic announced it planned to go to market. The ChatGPT parent said in a blog post on Monday night that it has recently submitted a confidential S-1 to the Securities and Exchange Commission. “We expect it to leak so we’re just announcing it,” the company said in the blog post.

Inflation Report, SpaceX IPO: What to Watch This Week
The Wall Street Journal63d agoneutral
Inflation Report, SpaceX IPO: What to Watch This Week

Investors are counting down to the end of the week when Elon Musk’s SpaceX is expected to start trading in what could be the largest IPO on record. Also, investors are looking ahead to Wednesday's inflation data and Oracle results.

Oracle suffers its roughest session in months ahead of earnings
TheStreet64d agoneutral
Oracle suffers its roughest session in months ahead of earnings

Oracle (ORCL) stock just had the kind of day that spooks shareholders. Shares of the database and cloud giant tumbled about 9.6% on Friday, June 5, closing at $213.68 after opening near $229. That marked Oracle’s steepest single-day drop in months and one of the worst showings among large-cap ...

Wall Street Is Rushing to Fund the AI Bonanza in Every Conceivable Way
The Wall Street Journal64d agoneutral
Wall Street Is Rushing to Fund the AI Bonanza in Every Conceivable Way

Such is life on Wall Street at the dawn of the artificial-intelligence build-out. Tech companies are hungry for cash to invest in data centers, and investors are forking it over through all possible means, in all parts of the globe—a flurry of fundraising that has mostly supported markets by powering technological advances, even as it tests their ability to absorb it all. Alphabet’s announcement that it would raise $85 billion of equity was just the latest example.

Oracle's cloud pivot remains a high-risk bet
TheStreet64d agoneutral
Oracle's cloud pivot remains a high-risk bet

I've watched plenty of companies chase a hot trend and spend their way into trouble. The story usually looks thrilling on the way up and painful on the way down. Oracle is the latest name testing that thesis. The software giant is pouring tens of billions of dollars into data centers to grab a ...