Tag Archives: Oracles

Oracle’s Cloud Sales Show Momentum, Sending Shares Higher

Oracle’s Cloud Sales Show Momentum, Sending Shares Higher

(Bloomberg) — Oracle Corp. reported results and gave a forecast suggesting the effort to move its customers to the cloud is gaining momentum, and the acquisition of health care records provider Cerner Corp. will help accelerate the growth of the business. Most Read from Bloomberg Investors reacted positively, sending shares up more than 13% in pre-market trading Tuesday after a day in which the overall market plunged and Oracle’s stock hit a 16-month low. “Couple a high growth rate in our… Source link

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Oracle’s Larry Ellison Says He Has Moved to Hawaii, Fleeing California

TipRanks J.P. Morgan: 2 Stocks to Buy (And 1 to Avoid) Marko Kolanovic, the well-known quant strategist with JPMorgan, sees a positive feedback loop forming that will drive the markets higher next year. Kolanovic believes that a decline in volatility and favorable monetary policies will combine to make stocks the go-to investment for 2021, fueling further market gains. Officially, JPM is forecasting a 25% gain in the S&P 500 over the next 12 months.With investors gravitating toward stocks,… Source link

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