Could Oracle Stock Give Back Its Gains? @themotleyfool #stocks $ORCL $MSFT $GOOGL $AMZN $GOOG
2 Articles
2 Articles
Oracle starred this week in one of the most striking increases in the Wall Street stock market in recent years.Its stock went up to 43% in a single day, closing with an increase of about 36% and a record price of US$328,33.This big rise was due to the fact that the technology company revealed multimillion dollar contracts linked to Artificial Intelligence, one of the areas in which it has invested most in its future.Among the contracts there is …
Could Oracle Stock Give Back Its Gains? @themotleyfool #stocks $ORCL $MSFT $GOOGL $AMZN $GOOG
Key PointsOracle's backlog ballooned after several multi-billion-dollar cloud deals.Some investors may be worried about backlog conversion and timing.Short-term volatility is possible, but the long-term setup looks stronger than it did before earnings.10 stocks we like better than Oracle › Wednesday's post-earnings spike has faded some, with the shares slipping on Thursday as investors digested what Oracle (NYSE: ORCL) just reported and, more im…
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