Oracle Corp Stock Price, News & Analysis

Oracle and Imagene have launched CanvOI, a state-of-the-art pan-cancer foundation model running on Oracle Cloud Infrastructure (OCI). CanvOI is designed to decode cancer from biopsy images and drive cancer research forward. The model, with 1.1 billion parameters, was pre-trained on over 630,000 tissue images from more than 100 sites, covering 40+ major body organs and tissue types.

CanvOI aims to improve cancer diagnosis and treatment by providing valuable oncology intelligence. It outperforms leading digital pathology foundation models in tasks such as predicting treatment responses, discovering biomarkers, and assessing disease prognosis. The model leverages OCI Supercluster and OCI AI Infrastructure for AI inference computation and large-scale data processing.

Oracle (NYSE: ORCL) announced strong fiscal 2025 Q1 results, with total quarterly revenues up 7% year-over-year to $13.3 billion. Cloud services revenues increased by 21% to $5.6 billion. GAAP earnings per share rose 20% to $1.03, while non-GAAP earnings per share grew 17% to $1.39. The company's total remaining performance obligations surged 53% to $99 billion.

Notable highlights include:

• Cloud Infrastructure (IaaS) Revenue up 45% to $2.2 billion
• Fusion Cloud ERP (SaaS) Revenue up 16% to $0.9 billion
• NetSuite Cloud ERP (SaaS) Revenue up 20% to $0.9 billion

Oracle also announced a significant MultiCloud agreement with AWS, allowing AWS customers easy access to Oracle's database technology starting December 2024. The company declared a quarterly cash dividend of $0.40 per share.

Oracle and Google Cloud have announced the general availability of Oracle Database@Google Cloud in four Google Cloud regions across the US and Europe. This partnership allows customers to run Oracle Exadata Database Service, Oracle Autonomous Database, and Oracle Database Zero Data Loss Autonomous Recovery Service on Oracle Cloud Infrastructure (OCI) in Google Cloud datacenters.

Key benefits include:

• Direct access to Oracle Database services running on OCI in Google Cloud
• Simplified cloud migration and innovation
• Integration of Oracle's database technology with Google Cloud's AI capabilities
• Ability to purchase Oracle Database services using existing Google Cloud commitments
• Native integration with Google Cloud's console, APIs, monitoring, and operations
• Unified customer experience and support from both companies

Oracle and Microsoft are expanding Oracle Database@Azure to meet growing global demand. The service is now available in six Microsoft Azure regions with plans to expand to fifteen more. Global organizations like MSCI and Fonterra are adopting the service to accelerate cloud migrations and optimize operations.

New features include the Oracle Database Zero Data Loss Autonomous Recovery Service for enhanced data protection, and the planned availability of OCI GoldenGate for improved resilience. Customers can purchase Oracle Database@Azure as a new service or use existing Azure commitments, with options for Oracle license benefits.

The partnership offers benefits such as building cloud-native applications, simplified database migration, high performance, and a unified customer experience from Oracle and Microsoft.

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) will present AI offerings at Oracle Cloud World 2024 in Las Vegas from September 9–12, 2024.

Presentations at the Data and AI Pavilion accelerated by NVIDIA (NASDAQ: NVDA) will showcase the Smart Safety Platform (SSP), Fire and Smoke, Smart City, and Smart Agent solutions at the Venetian Conference and Expo Center.

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.