Oracle Corporation

Hours before the conclusion of the Fed meeting, the dollar will be tested by inflation data. The May consumer price index is expected to rise by 0.2% MoM and 3.4% YoY. Core CPI expectations: 0.3% MoM, 3.5% YoY.

2024-06-11T08:33:06+0100

Fiscal fourth-quarter earnings from software giant Oracle could give some volatility.

2024-06-07T11:02:15+0100

US stocks struggle for direction after that hotter than expected US inflation reading for February. Oracle tops quarterly profit estimates on AI demand and investors are now watching its planned announcement with NVIDIA.

2024-03-12T15:34:27+0000

Oracle, all-sessions, set to jump after the cloud services giant beat quarterly profit estimates. IG financial analyst @AngelineOng explains why a highly anticipated announcement with Nvidia is also fueling Oracle’s share rise.

2024-03-12T08:40:08+0000

US computer software company Oracle is due to report its latest earnings after the US close later, and again, its cloud computing area is seen as being a key driver of growth for the company.

2024-03-11T08:29:25+0000

Sticky inflation and high borrowing costs have forced many companies to cut back on expenditure and Oracle says this is impacting demand for its cloud offerings.

2023-12-12T10:34:47+0000

Oracle earnings are due out later with Wall Street expecting earnings of $1.32 per share, which would be a 9% increase on the same quarter last year. Revenue is also anticipated to rise by 6.3% to $13.06 billion.

2023-12-11T10:03:54+0000

The US Federal Reserve will start its two-day meeting on Tuesday and conclude it with its last decision of the year. Since the Fed's last meeting, the labour market has shown signs of cooling off.

2023-12-11T08:29:00+0000