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246 | Breaking Analysis | It's Larry's World, we Just Live in it
September 14, 2024
Oracle Corporation is experiencing renewed business momentum driven by its legacy database business, cloud infrastructure investment, integrated application suite, and AI technologies. This includes products like Autonomous Database, 23ai, Exadata, Exascale, and a vast applications portfolio. The company has a differentiated strategy with a 54% stock increase year to date. Oracle's top line revenue for the last quarter was over 13 billion with an 8% growth rate. Their business is expected to reach 58 billion in revenue for this fiscal year, with a 9% growth r...Read more