Nyse:orcl financials

Oracle ORCL reported its third-quarter earnings, coming nyse:orcl financials in line with revenue estimates while beating adjusted earnings per share EPS expectations, nyse:orcl financials. Meeks describes the earnings report as "incrementally positive" for the stock, acknowledging that following their previous quarterly earnings, estimates were revised downward significantly.

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Nyse:orcl financials

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While Oracle's investments and capabilities in artificial intelligence AI may drive some growth, nyse:orcl financials, Meeks believes the company's legacy business will "continue to dampen the overall growth rate," limiting its upside potential.

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The company hasn't been able to capitalize on AI the way other group members have and there are growing concerns about iPhone sales in China. Yahoo Finance's Jared Blikre takes a closer look at Apple's charts to see what may lie ahead for the stock. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Stephanie Mikulich. Aguilar highlights a notable shift in the mega-cap tech sector, transitioning from being "a momentum trade to a fundamental trade" due to fading AI hype. He emphasizes that for these companies to deliver on future expectations, they will require significant capital expenditure and research and development investments. As expectations for these stocks remain elevated, "investors are questioning" whether the current levels of gains can be sustained over the long term. Editor's note: This article was written by Angel Smith.

Nyse:orcl financials

While good news for shareholders, the company has traded much higher in the past year. But what if there is still an opportunity to buy? See our latest analysis for Oracle. Good news, investors! Oracle is still a bargain right now. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market. This should lead to more robust cash flows, feeding into a higher share value.

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Trending Stocks. Total Debt. Top Stocks. Student Loan Calculator. Most Visited Websites. Contact Us. TipRanks Community. Top-Performing Corporate Insiders. Dividends Dividend Center. Options Market Overview. Dividend Stock Comparison New. Regarding the AI play, Meeks suggests that it "tilts in favor of hardware and semiconductor" stocks, as AI necessitates an "infrastructure build" for large language models. SEC Filings.