Safra Catz, Co-Chief Executive Officer of Oracle Corp., speaks during the SelectUSA Investment Summit in Oxon Hill, Maryland, USA on Monday, June 19, 2017. The SelectUSA Investment Summit brings together business development companies from around the world, organizations from all over the country and other parties promoting FDI in the United States.
Eric Thayer | Bloomberg | Getty Images
The week started uneventfully on Monday, with big tech stocks taking a breather. But oracle Stocks had their best day in nearly a year, rising 5% on the late Friday’s release of a Barron’s cover story about the cloud perspectives of the 43-year-old software and hardware manufacturer.
The thesis is that Oracle could be the next longtime tech company that likes to change Adobe, Autodesk and Microsoftwho have changed their business models to use cloud-based services over traditional licensed software, and their inventory levels as …