Topics

Posted 9/11/2023, 5:00:00 AM

Oracle Earnings report to highlight AI capabilities amid stock surge

Oracle earnings report coming up soon
Investor interest in AI stocks has benefited Oracle
Oracle seen as AI play given focus on machine learning and automation
Oracle stock has surged amid hype around AI capabilities
Oracle's AI and machine learning pivotal to outlook in earnings report

barrons.com

Relevant topic timeline:

8/29/2023

Oracle Stock Rising On Upgrade: AI Story Still Has Plenty Of Room To Play Out

Oracle (ORCL) stock is rising from a flat base on the strength of an analyst upgrade, as the company's potential to benefit from artificial intelligence applications running on its massive cloud network is attracting investors.

8/30/2023

Salesforce Earnings Are Coming. The Focus Will Be on AI and Margins.

Summary: Salesforce is set to report earnings, with the focus on artificial intelligence (AI) and margins.

9/8/2023

Cramer: Oracle Earnings to Highlight Company's Strength in AI

Oracle's quarterly results are expected to highlight the company's still-under-the-radar artificial intelligence capabilities.

9/11/2023

Stocks Rise as Apple Rebounds; Big Tech in Focus This Week with iPhone Launch, Google Trial, Meta's AI Plans

Stocks were higher on Monday, with the Nasdaq leading the way, as Apple stabilized and the CNBC Investing Club with Jim Cramer highlighted key events including Salesforce's Dreamforce event, Apple's iPhone 15 event, Google's search trial, upcoming inflation data, and the expiration of the UAW labor contract. Additionally, Meta Platforms is developing a new AI system to rival OpenAI's model, while Oracle's earnings are set for release, with analysts expecting upside from Oracle Cloud Infrastructure.

9/11/2023

Microsoft Beats on Earnings, Misses on Revenue in Q1 as Cloud Growth Continues

Oracle reported impressive Q1 earnings, with Non-GAAP EPS of $1.19, beating expectations, although revenue of $12.45B missed by $20M; cloud services revenue grew 30% to $4.6 billion and now accounts for 77% of Oracle's total revenue.

9/11/2023

Oracle Revenue Misses Expectations as Cloud Spending Slows

Oracle narrowly missed market expectations for first-quarter revenue due to reduced spending on cloud services, leading to a drop in shares, but the company's advancements in networking technology make it well-suited to capture AI workloads and potentially boost its cloud infrastructure business.

9/11/2023

Oracle Stock Drops Despite Beating Earnings Expectations Due to Concerns Over Growth

Oracle exceeded earnings estimates for its fiscal first quarter, but its sales were in line with expectations, causing a 9.2% drop in Oracle stock during after-hours trading.

9/12/2023

Oracle Stock Slips on Weak Guidance Despite AI Potential

Oracle's stock is facing a decline, but now is a good time to invest in its AI potential.

9/12/2023

Oracle Shares Fall After Cloud Growth Slows, AI Hopes Unmet

Oracle stock dropped by 13% after its earnings fell short of AI expectations, with slower cloud sales growth and lower guidance contributing to the disappointment on Wall Street.

9/21/2023

Oracle Reaffirms $65B Revenue Goal for 2026, Signs $1.5B AI Deal

Oracle reaffirms its projection of achieving $65 billion in revenue by 2026 and signs a $1.5 billion AI contract with a cloud provider.

Topics

Posted 9/11/2023, 5:00:00 AM

Oracle Earnings report to highlight AI capabilities amid stock surge

Oracle earnings report coming up soon
Investor interest in AI stocks has benefited Oracle
Oracle seen as AI play given focus on machine learning and automation
Oracle stock has surged amid hype around AI capabilities
Oracle's AI and machine learning pivotal to outlook in earnings report

barrons.com

Relevant topic timeline:

8/29/2023

Oracle Stock Rising On Upgrade: AI Story Still Has Plenty Of Room To Play Out

8/30/2023

Salesforce Earnings Are Coming. The Focus Will Be on AI and Margins.

Summary: Salesforce is set to report earnings, with the focus on artificial intelligence (AI) and margins.

9/8/2023

Cramer: Oracle Earnings to Highlight Company's Strength in AI

Oracle's quarterly results are expected to highlight the company's still-under-the-radar artificial intelligence capabilities.

9/11/2023

Stocks Rise as Apple Rebounds; Big Tech in Focus This Week with iPhone Launch, Google Trial, Meta's AI Plans

9/11/2023

Microsoft Beats on Earnings, Misses on Revenue in Q1 as Cloud Growth Continues

9/11/2023

Oracle Revenue Misses Expectations as Cloud Spending Slows

9/11/2023

Oracle Stock Drops Despite Beating Earnings Expectations Due to Concerns Over Growth

Oracle exceeded earnings estimates for its fiscal first quarter, but its sales were in line with expectations, causing a 9.2% drop in Oracle stock during after-hours trading.

9/12/2023

Oracle Stock Slips on Weak Guidance Despite AI Potential

Oracle's stock is facing a decline, but now is a good time to invest in its AI potential.

9/12/2023

Oracle Shares Fall After Cloud Growth Slows, AI Hopes Unmet

Oracle stock dropped by 13% after its earnings fell short of AI expectations, with slower cloud sales growth and lower guidance contributing to the disappointment on Wall Street.

9/21/2023

Oracle Reaffirms $65B Revenue Goal for 2026, Signs $1.5B AI Deal

Oracle reaffirms its projection of achieving $65 billion in revenue by 2026 and signs a $1.5 billion AI contract with a cloud provider.