Oracle Surges with Uber & AWS Deals: Cloud & AI Domination on the Rise!

Published: Sep 11, 2024 Duration: 00:03:20 Category: Science & Technology

Tags : Uber oracle earnings report Cloud Computing amazon web services moving average ORCL oracle stock orcl stock AI capabilities Oracle Cloud Infrastructure Safra Catz

Trending searches: oracle stock

[Music] hey Tech enthusiasts buckle up because we've got a jumbo news Roundup featuring Oracle that you won't want to miss whether you're an investor Tech geek or just someone with an inherent need to soak up the latest trends Oracle Making Waves today and for good reason let's dive straight in first off let's talk numbers Oracle has been generating a buzz after Crossing above the 20-day moving average a pretty significant technical indicator for Traders in essence this means that Oracle stock is experiencing a short-term bullish Trend which is good news if you're on the lookout for Upward momentum a 16.1% rally over the past 4 weeks bolsters this positive trajectory making the stock shine brighter than your neighbors over-the-top Holiday Lights why is this 20-day moving average such a big deal well Traders use it to smooth out short-term price trends when a stock price sits above this average it's considered a positive trend conversely when it drops below it might signal Rocky Waters ahead in oracle's case this recent push past the 20-day Mark has added extra Sparkle to those who keep a Keen Eye on their portfolios plus Oracle flance of Zach's rank number two adding another gold star to its report card apart from technical indicators Oracle is flexing its muscles in the world of cloud computing remember when everyone thought ditching old infrastructure for the cloud was just a passing fad well oracle's flipping that narrative on its head Uber has hopped onto the Oracle Cloud infrastructure bandwagon leveraging it to power more than 1 million trips every hour and drive 14 million predictions per second that's right Uber's ride hailing and delivery platform now essentially operates like Doc Brown from Back to the Future thanks to Oracle Tech Uber isn't just dipping it toes in they've migrated thousands of microservices and heaps of operational data to Oracle Cloud this move allows Uber to innovate faster without burning through gobs of Cash Cameron zargi senior director at Uber mentioned that this partnership allows for incredible flexibility and scaling which in cloud computing terms is akin to hitting the jackpot and as if that wasn't enough Oracle made headlines for beating analyst expectations across the board we're talking about bone crunching good quarterly earnings results their CEO saffra Catz highlighted growth in operating income and earnings per share especially with their cloud services division hitting it big time FY 23 saw oracle's Revenue grow by a stunning 17.7% which is practically a Sprint compared to what other companies in the sector are reporting by announcing new AI capabilities within the Oracle Fusion Cloud applications Suite think unlocking more than 50 new generative AI agents Oracle is doubling down on its cloud and AI game add to that a newly ined partnership with Amazon web services that brings oracle's database Services directly onto Amazon's platform showing how Oracle isn't just adapting to Industry trends it's setting them in the larger frame this good news is wrapped up with Oracle outperforming its sector peers by quite a margin the Stock's up 34% as of today signaling that investors are eagerly jumping aboard the Oracle Express so all this bubbling momentum cues up something undeniable Oracle is strategically positioned not just to ride out the current Tech wave but likely to surf at its crest for quite some time keep your eyes peeled folks this could be a wild ride thanks for watching to the end remember this is just one story from our full Daily Show which includes all the other news and an analysis of the day's Tech Market activity if you found this video interesting or insightful then please like subscribe and share it with others your support is greatly appreciated catch you later [Music]

Share your thoughts

Related Transcripts

Oracle Soars, Apple's New iPhone 16, Adobe's AI Magic, & Eaton Investor Moves!

Category: Science & Technology

Intro welcome to the wednesday edition of tech stocks daily i'm here to supercharge your techsavvy in a flash today we're diving into oracle's bullish trend and its game-changing move with uber's cloud migration then we'll uncover all the buzz from apple's jaw-dropping glow time event and their aid... Read more

ORACLE STOCK: Price Prediction (ORCL STOCK PRICE)

Category: Education

Let's get to some earnings from oracle here those numbers just hitting the wire here and we're looking at adjusted earnings per share uh about 6 cents above what analysts had been anticipating at a buck 39 uh the company's first quarter adjusted revenue 1331 billion 13.26 billion is what analysts had... Read more

ORCL Stock WEDNESDAY CRAZY! (buy or not?) ORCL stock best CRM for agency trading next

Category: Education

Or rcl stock is just the right time to buy going to answer everything around that in the short one minute video so watch till the end looking at orle uh this is a very good bullish market today 100 156 bucks 11% up great i mean this is how my chart looked like beforehand and you see that if i just pull... Read more

Market shocked by Nvidia's share price decline |MC NEWS|MC RADIO|

Category: News & Politics

Nvidia has long dominated the artificial intelligence sector but it's a recent quarterly earnings report that sent shock waves to wall street despite achieving record ev venue and exceeding analyst expectation nidia stock price took a notable plung the market beyond by the ai boom seemed to anticipate... Read more

Acciones en Foco: Análisis de MSTR, ORCL, ADBE, GOOGL y mas (2024) 📈 [Clave Bursátil]

Category: Education

[música] traders traders traders en alerta y acá estoy con una ve pantalla de clave bursátil para ver esas líneas para ver esos gráficos cómo andas sandy bien bien muy bien tranquilo con el solcito relajado sin mercado abierto y aparte terminamos una semana que ahora lo vamos a ver pero con unas velas... Read more

1 Growth Stock That Could Join Alphabet, Microsoft, and Amazon in the Trillion Club

Category: Education

Oracle released their latest quarterly numbers monday after the market closed the stock went up 11.44% on tuesday now year to dat the stock is up close to 50% year-over year the stock is up 25% now has a market cap of close to 430 billion has a forward pe of 24.2 times and as you can see here from the... Read more

Without Amazon, most of the internet disappears

Category: Science & Technology

So when you think of amazon, you probably think of this ugly website or maybe amazon buying whole foods and making avocados cheaper. but amazon also sits behind a huge portion of the internet. it dominates the server side computers that make the internet work. right now, you're probably watching this... Read more

Tackle Today Stocks in the News - AAPL / ORCL / ASO

Category: Education

Tackle today matt and mark justce from tackle trading bringing you all of the charts the news the analysis so that you can know what is going on in the markets in a concise manner markets continue to uh battle it's just a genuine battle right now between the bulls and the bears this week as we get going... Read more

Oracle's AI SURGE: Is NVIDIA's Stock About to Skyrocket?

Category: Education

Nvidia's stock is down over 20% from its year- to-day high as many worry that the ai market is filled with hopes and dreams however oracle just reported earnings giving us a great reminder of how strong and resilient the ai market truly is especially noteworthy is the ceo's mention of designing a massive... Read more

Horoscope Capricorne ♑️ Avril 2024🪺 par Christine Haas

Category: Howto & Style

Introduction [musique] ambiance capricorneendant caprand dans cet horoscope du mois d'avril et bien le bélier est aux commande au début du mois pour le 2e et le 3e décamp jusqu'au 19 donc il faut être actif dynamique mais ne pas réagir de manière émotionnelle aux situations bon vous n'êtes pas euh quelqu'un... Read more

DISPARITION DE L'AVION BOEING VOL MH370 MALAYSIA AIRLINES Mystère #tarot #oracle #guidance #medium

Category: Entertainment

Début de la vidéo [musique] bonjour à toutes et à tous et bienvenue dans cette nouvelle vidéo alors c'est vrai que ça faisait pas mal de temps ça faisait une bonne quinzaine de jours que j'avais pas sorti de nouvelles vidéos euh et donc ben aujourd'hui j'ai décidé d'en faire une euh dont le thème m'a... Read more

Larry Ellison on the Race for AI

Category: Science & Technology

Thanks uh hey larry jackson ader at keybank capital markets um if i think about 2029 what about artificial intelligence has to go right for those targets to be hit um and how right does it have to go for those targets to be hit thank you okay i think on on the ai i mean how depend the our dependency... Read more