Shares of Oracle (ORCL) experienced a significant rise during the first quarter of this year, earning the attention of investors and analysts alike. The company’s positive performance has been attributed to various factors, including strong financial results and market trends. Oracle’s stock price saw an upward trajectory, reflecting growing confidence in the tech giant’s future … Read more
ClearBridge Investments, an investment management firm, recently released its Q1 2024 ClearBridge Value Equity Strategy investor letter, showcasing the strategy’s outperformance of the Russell 1000 Value Index in the first quarter. The strategy saw gains in 9 out of the 11 sectors it invested in, with financials and utilities leading the way while real estate … Read more
Oracle recently closed a significant cloud migration deal with Hitachi Construction Machinery Co., Ltd., selecting Oracle Cloud Infrastructure (OCI) as the platform to migrate its enterprise systems. Hitachi Construction Machinery aims to enhance its digital transformation efforts by unifying data across departments like accounting, development, production, and sales and preparing for future AI integration. The … Read more
Oracle has successfully closed a significant cloud migration deal with Hitachi Construction Machinery Co., Ltd., choosing its Oracle Cloud Infrastructure (“OCI”) platform for the transition. Hitachi Construction Machinery plans to migrate its enterprise systems across various departments like accounting, development, production, and sales as part of its digital transformation strategy. The migration involves leveraging Oracle … Read more
Oracle Company, listed on the New York Stock Exchange as ORCL, experienced significant growth in short interest in June. The total short interest as of June 15 was 19,380,000 shares, marking a 27.5% increase from the previous month. This amounts to 1.2% of the company’s shares being sold short with a days-to-cover ratio of 2.4 … Read more
Hitachi Construction Machinery has chosen Oracle Cloud Infrastructure (OCI) to migrate its core enterprise systems for various business functions to the public cloud. By leveraging Oracle Cloud VMware Solution and Oracle Exadata Database Service, Hitachi Construction Machinery achieved a rapid and reliable migration with minimal application and database changes from its previous on-premises environments. This … Read more
Symphony Financial Ltd. Co., a prominent financial firm, has recently announced an increase in their stake in Oracle Co. (NYSE:ORCL). This move signifies a growing confidence in the tech giant’s prospects and strong performance in the market. Symphony Financial Ltd. Co. has been closely monitoring Oracle Co.’s stock and has decided to raise their investment … Read more
Burns JW & Co. Inc. NY recently disclosed a new investment in Oracle Co. during the first quarter, acquiring 1,614 shares of the enterprise software provider valued at approximately $203,000. Other institutional investors also adjusted their positions in the company, with Contour Asset Management LLC increasing its stake by 41.5% and holding 2,192,950 shares, and … Read more
Cloud computing stocks have been gaining attention as the industry is poised for significant growth in the coming years. Oracle Corporation (NYSE:ORCL) is one of the key players in this space and ranks high among the best cloud computing stocks to buy now. The company recently reported strong financial results, with a 3% year-over-year increase … Read more
Oracle (ORCL) has experienced a 32% gain year-to-date, surpassing the growth of the Zacks Computer and Technology sector. This success is attributed to its innovations in the healthcare sector, which are expected to drive long-term growth. The company recently launched Oracle Health Insurance Data Exchange Cloud Service, a SaaS solution aimed at simplifying data exchange … Read more