Locator: 48739ORACLE.
Updates
June 12, 2025, 6:40 p.m. CT: new 52-week high --
June 12, 2025, 2:08 p.m. CT: stunning --
June 12, 2025, 9:28 a.m. CT: ORCL now trades above $200 / share. Up $24/ share today.
June 12, 2025: link to the WSJ.
From the linked WSJ article:
Oracle logged double-digit revenue growth in its most recent quarter and set its sights on even bigger gains in the fiscal year ahead, pushing shares higher after hours.
Chief Executive Safra Catz said Wednesday the cloud-services company now expects $67 billion in revenue for fiscal 2026, which started this month. That would be a 16% jump from the prior year and more than $1 billion higher than Oracle had previously estimated, she said.
The company is also on track to exceed the revenue growth target it previously gave for fiscal 2027, according to Catz. “We have a clear line of sight to future revenue growth,” she said on a call with analysts.
The stock jumped 7.5%, to $189.95, in after-hours trading.
The higher growth rates are expected to be driven by both Oracle’s cloud applications and cloud infrastructure businesses, executives said. The Austin, Texas, company is forecasting its total cloud growth rate, which accounts for both applications and infrastructure, to rise 40% this fiscal year, compared with 24% in the prior one.
June 12, 2025: the transcript does not even begin to give one the feel of the CEO's almost giddy remarks regarding Oracle following earnings report. Takeaways from the CEO's comments:
June 12, 2025:
Oracle: immediately after the open, Thursday morning opening;
Oracle CEO comments are absolutely incredible; up 10% at the open on a
down day for the Dow.
Original Post
CNBC, on Oracle, after Oracle reports results. Link here.
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this is not an investment site. Do not make any investment, financial,
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here or think you may have read here. All my posts are done quickly:
there will be content and typographical errors. If something appears wrong, it probably is. Feel free to fact check everything.
- If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them.
- Reminder: I am inappropriately exuberant about the Bakken, US economy, and the US market.
- I am also inappropriately exuberant about all things Apple.
- And now, Nvidia, also. I am also inappropriately exuberant about all things Nvidia. Nvidia is a metonym for AI and/or the sixth industrial revolution.
- I've now added Broadcom to the disclaimer. I am also inappropriately exuberant about all things Broadcom.
- I've now added Oracle to the disclaimer. I am also inappropriately exuberant about all things Oracle.
- Longer version here.
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Oracle
It's a bit unclear, but Oracle should now have its headquarters in Nashville, having announced that it (Oracle) planned to move from Austin, TX, to Nashville, TN, in 2024.
One of many links on the blog regarding Oracle. Link here.
Ticker today:
Also here.
And here, App Economy:
