Buffett's New Bet on Cloud Computing -- What Investors Need to Know
Generative AI is all the rage right now, leaving the "old" cloud computing industry wondering if it's now chopped liver. It's not.
While investors go wild over the explosive artificial intelligence (AI) movement set off by Nvidia's semiconductors, there's actually still plenty of growth still going on in the cloud and software-as-a-service industry that was all the rage during the 2010s through the early pandemic.
Oracle (NYSE: ORCL) CTO Larry Ellison said this week that all nine of Warren Buffett's Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) energy and utility companies are moving to Oracle Cloud. Here's what investors need to know.
Source Fool.com
Oracle Corp. Stock
€127.88
-0.160%
The stock is an absolute favorite of our community with 41 Buy predictions and no Sell predictions.
With a target price of 140 € there is a slightly positive potential of 9.48% for Oracle Corp. compared to the current price of 127.88 €.
