J.P. Morgan Analysts Remain Bullish on Oracle Stock
J.P. Morgan believes Oracle Corp. stock is still a good bet as the company continues to expand its cloud business. In a note shared with clients earlier this week, analyst Mark Murphy kept its Buy rating on Oracle while setting a $93 per share...
Oracle Emerges as After-Hours Winner While Tesla Plunges
Tech stocks Oracle Corporation and First Solar, Inc. all emerged as major winners during after-hours trading on Monday night.
Oracle gained 3% upon releasing its second-quarter financial results. The company reported a revenue of $12.28 billion; a year-over-year increase of 18%. This translates to adjusted...
Oracle Stock Surges After Positive Fourth-Quarter Results
Oracle Corporation saw its stock (ORCL) surge in extended trading on Monday after sharing positive fiscal fourth-quarter results that exceeded all expectations. ORCL traded at around $65 per share on Monday before closing at $71.86. It then saw a slight dip to around $70...