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.
Oracle Corporation (ORCL) is a global software publisher and cloud technology company whose activities generate frequent, detailed news coverage. Oracle’s own releases emphasize its integrated suites of applications and secure, autonomous infrastructure in the Oracle Cloud, along with specialized platforms for healthcare, government, retail, hospitality, and utilities. This news page aggregates such company‑driven announcements and related market updates for investors and followers of ORCL stock.
Visitors can expect news on financial results and capital markets actions, such as Oracle’s Form 8‑K filings describing quarterly earnings press releases, cash dividend declarations, and the issuance of senior notes for general corporate purposes. Oracle also publishes updates on its cloud applications and AI capabilities, including Oracle Fusion Cloud Applications, Oracle AI Database services, and multicloud offerings like Oracle Database@Google Cloud, which connect Oracle databases with external analytics and AI platforms.
Another recurring theme in Oracle’s news is industry‑specific deployments. Recent announcements describe healthcare organizations adopting Oracle Fusion Cloud Applications and Oracle Health solutions, municipalities selecting Oracle Permitting and Licensing to modernize regulatory services, retailers using Oracle Retail Supply Chain Collaboration, and utilities implementing Oracle Utilities Customer Platform and the Opower engagement platform. Hospitality‑focused news includes enhancements to Oracle Payments for guest experiences and charitable giving at checkout.
By following this ORCL news feed, readers can monitor Oracle’s product launches, AI and cloud initiatives, sector‑focused customer wins, and governance‑related disclosures referenced in its SEC filings. Bookmark this page to review new Oracle press releases and regulatory updates as they are published and to understand how Oracle’s technology and corporate actions evolve over time.
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.
Oracle has released the Primavera Unifier Accelerator base, enhancing its Oracle Smart Construction Platform. This new configuration includes 65 preconfigured business processes and 250 out-of-the-box reports and dashboards, helping customers expedite implementation time by up to 75%. The Unifier Accelerator improves management of cash flow, forecasts, contracts, scope changes, and project administration.
Key features include NEC4 contract management, Earned Value Management, and Facilities Management. The updated Primavera Unifier mobile app now supports location-based services for on-site inspections. Integration with Oracle Primavera P6 and Oracle Primavera Cloud enables AI-driven predictive analytics for better project risk management. The platform also offers improved connectivity with other Oracle and third-party business systems through Oracle Integration Cloud middleware.
Advanced Info Service (AIS), Thailand's largest mobile network operator, plans to deploy Oracle Alloy to launch AIS Cloud, the country's first locally owned and operated hyperscale cloud. This strategic collaboration will provide access to over 100 Oracle Cloud Infrastructure (OCI) services, including AI capabilities, to enterprises and public sector organizations in Thailand.
AIS Cloud will be deployed in two AIS data centers in Thailand, addressing data residency and sovereignty requirements such as Thailand's Personal Data Protection Act and Cybersecurity Act. This move will accelerate AIS' transformation from a 'Telco to a Techco' and support digital transformation and AI innovation for Thai organizations, contributing to the country's economic growth and competitiveness.