Oracle Corp Stock Price, News & Analysis

Oracle and Amazon Web Services (AWS) have announced a strategic partnership, launching Oracle Database@AWS. This new offering allows customers to access Oracle Autonomous Database and Oracle Exadata Database Service within AWS. The partnership aims to simplify database administration, billing, and customer support while enabling seamless connection of Oracle Database to AWS services.

Key benefits include:

• Zero-ETL integration between Oracle Database and AWS Analytics services
• Simplified migration to the cloud using tools like Oracle Zero Downtime Migration
• Procurement via AWS Marketplace with existing AWS commitments
• Unified support from AWS and Oracle
• Integration with Amazon S3 for backups and disaster recovery

Oracle Database@AWS will be available in preview later this year, with broader availability in 2025.

Remark Holdings (OTCQX: MARK), an AI solutions provider and Oracle PartnerNetwork member, will showcase its AI offerings at Oracle Cloud World 2024 from September 9-12 at the Venetian Conference and Expo Center in Las Vegas. The company will present its Smart Safety Platform (SSP), Fire and Smoke, Smart City, and Smart Agent solutions in the Data and AI Pavilion, which is accelerated by NVIDIA. This event provides Remark Holdings with a significant platform to demonstrate its AI capabilities alongside industry giants Oracle (NYSE:ORCL) and NVIDIA (NASDAQ:NVDA), potentially enhancing its visibility and market position in the AI sector.

Oracle (ORCL) has announced the date for its first quarter fiscal year 2025 earnings release. The company will unveil its financial results on Monday, September 9, 2024, after the market closes. Following the release, Oracle will host a conference call and live webcast at 4:00 p.m. Central Time to discuss the financial outcomes. Investors and interested parties can access the live webcast through the Oracle Investor Relations website at www.oracle.com/investor. This announcement sets the stage for Oracle to provide insights into its financial performance and potentially offer guidance for the upcoming quarters.

Oracle has announced the general availability of Oracle Communications Digital Business Experience, a comprehensive business support system (BSS) designed for Communications Service Providers (CSPs). This pre-integrated solution aims to help CSPs manage customer experiences and drive revenue throughout the customer journey. Key features include:

1. Commercial and billing product catalog
2. Configure-price-quote (CPQ) and order capture
3. Customer relationship management (CRM) powered by Siebel
4. Central order management
5. Monetization capabilities

The solution leverages AI-powered applications on Oracle Cloud Infrastructure (OCI) to enhance customer care, improve agent efficiency, and increase first call resolution rates. It supports multiple lines of business, simplifies deployment complexity, and reduces costs for CSPs. Oracle Digital Business Experience is designed to help telcos seize new opportunities such as API monetization and expansion into new industry verticals.

Oracle (ORCL) has announced a proposed settlement for a shareholder derivative action. The settlement, if approved, will implement corporate governance measures for at least five years, focusing on review procedures after quarterly earnings calls. Current Oracle stockholders as of March 22, 2024, who continue to hold shares through the final fairness hearing, will be affected.

Key points:

• Settlement Fairness Hearing scheduled for November 14, 2024
• Objection deadline: October 24, 2024
• Plaintiffs' Counsel fee request capped at $700,000
• Benefits from the settlement will go to Oracle, not individual stockholders
• No proof of claim form required for stockholders

Stockholders can find more information on Oracle's investor relations website and Lead Plaintiff's Counsel's website.

Alfred Health, a leading Victorian healthcare network, has expanded its use of Oracle Health's Oncology electronic health record (EHR) solutions to enhance cancer patient care. This integration allows clinicians across Alfred Health's locations to access a single, comprehensive view of each patient's medical history, improving efficiency and care quality. Key benefits include:

1. Digitization of paper-based processes
2. Streamlined access to cancer treatment information
3. Enhanced clinical trial matching for patients
4. Improved pharmacy processes with barcode scanning
5. Integration with national Safescript program for high-risk medicines
6. Digitized immunization record sharing with the national registry

This implementation aims to save physicians' time, improve patient safety, and facilitate more informed care decisions across Alfred Health's in-patient and out-patient facilities.

Oracle has introduced new user experience (UX) enhancements to its Oracle Fusion Cloud Supply Chain & Manufacturing (SCM) platform, leveraging the Oracle Redwood Design System. These updates aim to increase efficiency, accelerate operations, and improve supply chain resilience for procurement professionals, logistics managers, field service technicians, and product managers.

Key features include smart search for quick information retrieval, business rules for tailored page control, and Oracle Guided Journeys for customized workflows. Specific SCM enhancements comprise pricing rules for order management, field parts inventory for maintenance, structures view for product management, and guided task for mass component replacement.

These improvements are designed to help organizations empower users, connect supply chain processes seamlessly, and respond quickly to changing market conditions.

Oracle has announced the integration of AT&T IoT connectivity and network APIs into its Enterprise Communications Platform (ECP). This collaboration enables Oracle's industry cloud application customers to manage IoT devices on the AT&T network within a single platform. The integration, available across OCI regions in the U.S., offers:

1. IoT edge application management
2. High-performing, reliable connectivity
3. Real-time data intelligence

Notably, FirstNet®, Built with AT&T, and ECP are providing the foundation for Oracle's Public Safety suite, delivering secure communications for critical components like dispatch command centers and near real-time camera feeds for first responders.

Oracle has opened its second public cloud region in Saudi Arabia, located in Riyadh. This expansion is part of Oracle's $1.5 billion investment to boost the country's cloud capacity in line with Saudi Vision 2030. The new region will help accelerate AI innovation and enhance business resilience for Saudi organizations. It offers access to Oracle Cloud Infrastructure (OCI) services, including AI and data analytics capabilities.

The Riyadh cloud region joins the existing Jeddah region and a planned region in NEOM, extending Oracle's footprint in Saudi Arabia. This expansion is expected to contribute to the Kingdom's AI economy, projected to reach $135.2 billion by 2030. Oracle's distributed cloud strategy allows it to deliver AI and cloud services across dedicated, public, and hybrid cloud environments globally.