Why Oracle Stock Trounced the Market Today

Oracle's stock price rose by over 3% after receiving a recommendation upgrade from UBS analyst Karl Keirstead, who believes that investors are underestimating the potential of the company's GPU business and its Oracle Cloud Infrastructure.

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8/29/2023

These are the top 10 things to watch in the stock market Tuesday

Stocks are set to open slightly lower as all three major averages are on pace to post monthly losses, Oracle is upgraded to buy by UBS, and Salesforce is removed from JPMorgan's Analyst Focus List ahead of earnings.

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.

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Amazon Stock Nears Buy Point as AI Expansion Strengthens Growth Outlook

Amazon stock gained 3.5% and is approaching a buy point, with a 69% increase this year to outpace the Nasdaq and S&P 500, making it one of the top stocks in the Magnificent 7.

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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.

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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.

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Cramer: Wall Street Fears Causing Unwarranted Declines in Apple and Oracle Stocks

Investor fear is causing tech stocks like Oracle and Apple to drop, according to CNBC's Jim Cramer, who believes the selling is unwarranted given the lack of clear negatives and recommends investors to tap into Oracle before it starts its "mammoth buyback."

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Posted 8/29/2023, 9:19:46 PM

Why Oracle Stock Trounced the Market Today

fool.com

Relevant topic timeline:

8/29/2023

These are the top 10 things to watch in the stock market Tuesday

8/29/2023

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

9/12/2023

Amazon Stock Nears Buy Point as AI Expansion Strengthens Growth Outlook

Amazon stock gained 3.5% and is approaching a buy point, with a 69% increase this year to outpace the Nasdaq and S&P 500, making it one of the top stocks in the Magnificent 7.

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.

9/12/2023

Cramer: Wall Street Fears Causing Unwarranted Declines in Apple and Oracle Stocks