Welcome to our dedicated page for Oracle news (Ticker: $ORCL), a resource for investors and traders seeking the latest updates and insights on Oracle stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Oracle's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Oracle's position in the market.
Oracle introduces a new AI-powered upskilling solution, Oracle Grow for Business Leaders, within Oracle Cloud HCM to help organizations drive employee and business growth. This solution supports employee development, strengthens organizational agility, and empowers business leaders to align upskilling with business outcomes. It includes features like Leadership-Driven Role Guides, Centralized Leader Dashboard, Enhanced Workforce Transparency for Strategic Roles, Innovative Internal Mobility, and Skills Aggregation Platform.
Oracle announced plans for Oracle Code Assist, an AI code companion to help developers boost velocity and enhance code consistency. Powered by large language models, the tool will be optimized for Java, SQL, and application development on OCI, providing context-specific suggestions tailored to an organization's best practices. Oracle Code Assist aims to automate routine tasks, improve code quality, and accelerate the software development life cycle.
Oracle has been named a Leader in the 2024 Gartner Magic Quadrant for Supply Chain Planning Solutions for Oracle Fusion Cloud Supply Chain Planning, showcasing its Ability to Execute and Completeness of Vision for the second consecutive year. The company's investment in intelligent automation, industry-specific planning capabilities, and commitment to customer success have been highlighted. Oracle Supply Chain Planning, part of Oracle Fusion Cloud Supply Chain and Manufacturing, utilizes machine learning and AI to enhance demand planning, manage supply, and streamline stakeholder actions to meet business objectives.
Red Hat, Inc. and Oracle announced the general availability of Red Hat OpenShift on Oracle Cloud Infrastructure (OCI) Compute VMs, combining the leading hybrid cloud application platform with the leading distributed cloud. Customers can now run Red Hat OpenShift on OCI, supported by validated configurations and transparent support agreements.
Accenture and Oracle are collaborating to help clients accelerate generative AI adoption, starting with the finance organization. They are investing in new generative AI solutions to optimize operations and fuel growth, leveraging Oracle Cloud Infrastructure. The focus is on driving digital finance transformation, empowering CFOs with generative AI to simplify finance processes, accounting closes, filings, and planning. Specific solutions include procurement spend analysis, demand forecast, and dynamic scenario planning.
Oracle Database 23ai is a game changer for enterprises, offering AI Vector Search capabilities to search documents, images, and relational data based on conceptual content. The release includes over 300 features focusing on simplifying AI usage, accelerating app development, and running mission-critical workloads. The new AI Vector Search feature allows seamless integration of AI algorithms within Oracle databases, enhancing efficiency and security. Oracle Database 23ai is available on Oracle Cloud Infrastructure and Exadata services, providing a comprehensive AI solution for developers and data professionals.
Oracle and TIM have collaborated to accelerate cloud adoption in Italy by integrating Oracle Cloud Infrastructure (OCI) into TIM's managed cloud services. This partnership allows public and private sector organizations to leverage OCI's high performance, security, and AI capabilities. TIM will host Oracle's second cloud region in Italy, offering customers a wide range of cloud services to migrate workloads, modernize applications, and innovate with data and AI.
Oracle has announced new capabilities in Oracle Clinical One RTSM to support sponsors and CROs in conducting complex and global clinical trial studies more effectively. The enhancements aim to provide speed, reliability, and transparency from study commencement to closeout, streamlining processes that historically took months to develop. The platform offers features such as automation of randomization lists, modification of DND exceptions, design reconciliation forms, rapid build for date fields, and rule creation with operational data. Oracle RTSM is designed to simplify trial management, adhere to regulatory standards, and provide real-time analytics for improved trial efficiency.
Oracle Energy and Water Awards recognize the efforts of utilities like Exelon, JXN Water, and Portland General Electric in transforming the industry through innovation. Exelon's collaboration with Oracle Opower led to the successful deployment of enhancement services, benefiting customers with affordable energy solutions. JXN Water's migration to a new system improved customer experience and revenue leakage control. Portland General Electric's strategic vision focuses on modernizing IT solutions to drive customer-centric outcomes and clean energy commitments.
Oracle announced that CPS Energy plans to standardize its technologies on a modern Oracle cloud platform, aiming to optimize operations and enhance service for its 1.3M customers. This collaboration supports CPS Energy's Vision 2027 plan and Oracle's mission to serve major municipal utilities in the US. The new platform will revolutionize internal operations, providing more options for customers and improving efficiency and innovation.
