Oracle Stock News

The CE 100 Index managed to tack on a slight 0.4%, trailing all broader benchmarks, as a majority of pillars finished in the green. Oracle shares rocketed 25.5%, pushing the Work segment ahead by more than 1.1%.

Shares of Broadcom (AVGO 0.19%) and Oracle (ORCL -5.05%) both ripped higher around earnings, with Oracle's one-day surge among the biggest in decades. Broadcom, a chip and infrastructure-software company, continues to ride custom artificial intelligence (AI) accelerators and high-end networking.

The reported $300B OpenAI deal is certainly exciting, but the expected revenue of approximately $30B per year is not expected to flow into the income statement until 2027. Specifically, management guided FY26 revenue growth at 16%. OCI is guided to grow 77% to $18B, with multi-year OCI targets of $32B, $73B, $114B, and $144B. The stock is trading at a premium P/E multiple when compared to the b...

Wednesday's post-earnings spike has faded some, with the shares slipping on Thursday as investors digested what Oracle (ORCL -5.05%) just reported and, more importantly, what it implied. Oracle, the enterprise software and cloud-infrastructure provider, shocked the market with a massive backlog figure tied to multiyear artificial intelligence (AI) and cloud contracts.

The "Magnificent Seven" stocks, which drove indexes higher over the past couple of years, continued that job in recent months. And for good reason.

The advent of modern cloud computing is largely attributed to Amazon, which pioneered cloud infrastructure services with the introduction of Amazon Web Services (AWS) in 2002. The industry has evolved over time, but the basics remain the same: Providers offer on-demand, scalable computing, software, data storage, and networking capabilities to any business with an internet connection.

TipRanks' ranking service discusses three stocks, including Broadcom and Oracle, that are favored by Wall Street.

When I visited the Silicon Valley headquarters of Oracle (ORCL -5.09%) 25 years ago as a young technology reporter, I was dumbstruck.