How Oracle Rode the AI Wave to a 12.4% Gain in June

Shares of enterprise software giant (NYSE: ORCL) rallied 12.4% in the month of June, according to data from S&P Global Market Intelligence.

Traditionally the dominant player in on-premises enterprise databases, Oracle finds itself in transition to a more cloud-based company, as well as a challenger to the three large cloud infrastructure companies in the age of artificial intelligence.

Despite some skepticism, last month's fiscal fourth-quarter earnings report seemed to show Oracle handling the transition well, with accelerating cloud growth and market share gains leading to a solid beat.

Source Fool.com

Oracle Corp. Aktie

Heute muss Oracle Corp. einen kleinen Kursanstieg von 0,18 % verzeichnen.
Klare Kaufempfehlung: Oracle Corp. erhält nur Buy-Einschätzungen.
Das von der Community festgelegte Kursziel von 139 € für Oracle Corp. deutet auf ein leichtes Wachstumspotenzial im Vergleich zu 124.68 € hin.

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