|Bid||52.56 x 1000|
|Ask||52.87 x 4000|
|Day's range||52.56 - 52.84|
|52-week range||42.40 - 60.50|
|Beta (3Y monthly)||1.20|
|PE ratio (TTM)||17.25|
|Earnings date||16 Dec 2019 - 20 Dec 2019|
|Forward dividend & yield||0.96 (1.71%)|
|1y target est||56.47|
Oracle (ORCL) is strategically expanding Autonomous Database portfolio and enhancing functionalities of cloud-based applications, which is encouraging adoption.
Oracle's (ORCL) partnerships with the likes of Accenture and Microsoft are expected to aid the company in expanding cloud-base clientele.
Oracle Corp and VMware Inc on Monday announced a deal designed to resolve years of tension over how Oracle handles technical support for VMware users and make it easier for them to move to Oracle's cloud computing service. Oracle is competing against Amazon.com Inc and Microsoft Corp to offer cloud services, where businesses use Oracle's data centres to handle their computing needs. In recent years, cloud providers have worked to woo large businesses that still run their own data centres to move some or all of that work to the cloud.
ORACLE OPENWORLD -- Today, Oracle (ORCL) and VMware, Inc. (VMW), announced an expanded partnership to help customers leverage the companies’ enterprise software and cloud solutions to make the move to the cloud. Under this new partnership, customers will be able to support their hybrid cloud strategies by running VMware Cloud Foundation on Oracle Cloud Infrastructure.
Today, the DJIA rose 122 points and the S&P; 500 Index gained 0.6%. However, tech stocks Oracle (ORCL), DXC Technology, and Groupon lagged the market.
The latest hopeful U.S.-China trade war news. The European Central Bank's new stimulus plan. President Trump's call to the Fed. Apple (AAPL) stock hits $1 trillion in market cap. Why City Office REIT (CIO) is a Zacks Rank 1 (Strong Buy) - Free Lunch
Investing.com - Stocks moved higher Thursday, with the S&P; 500 briefly topping its July 24 closing high, pushed higher by a thaw in U.S.-China trade relations.
Oracle (ORCL) unexpectedly released its earnings results for the first quarter of fiscal 2020 on Wednesday after the market bell.
Investing.com - Wall Street rose on Thursday after U.S. President Donald Trump delayed an expected tariff hike on Chinese imports, while the European Central Bank cut interest rates and re-introduced its purchasing buyback program in a bid to boost economic growth in the eurozone.
Investing.com - U.S. futures were higher on Thursday after President Donald Trump said he will postpone increased tariffs on Chinese imports by two weeks.
Investing.com - Oracle (NYSE:ORCL) reported first quarter earnings that matched analysts' expectations on Wednesday and revenue that fell short of forecasts.
Hurd is one of Oracle's two CEOs, the other being Safra Catz. Catz and Oracle founder and Chief Technology Officer Larry Ellison will cover Hurd's responsibilities during his absence, the company statement said.
Oracle co-chief executive Mark Hurd will take a leave of absence for health reasons, the software company announced Wednesday. In a memo to employees, Mr Hurd said he decided to spend time focusing on his health, and Oracle’s board had granted him a medical leave of absence at his request. Oracle founder Larry Ellison, who serves as executive chairman and chief technology officer, said he and co-chief executive Safra Catz would cover Mr Hurd’s responsibilities during his absence.