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Oracle Corp. - ORCL STOCK NEWS

Welcome to our dedicated news page for Oracle (Ticker: ORCL), a resource for investors and traders seeking the latest updates and insights on Oracle.

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.

Rhea-AI Summary
SmarTone Telecommunications Holdings Limited has chosen Oracle to transform its Business Support Systems (BSS) by upgrading its legacy solutions to bring prepaid charging and postpaid billing onto one unified, cloud native platform. This move will enable SmarTone to efficiently launch and scale differentiated offerings, improve agility, and simplify operations across consumer and enterprise lines of business. SmarTone is a leading telecommunications service provider in Hong Kong and Macau, offering voice, multimedia, mobile broadband, and fixed fiber broadband services for both consumer and corporate markets. The company has been a leading 5G developer in Hong Kong since May 2020 and was recently ranked as the city's top 5G service provider.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.43%
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Rhea-AI Summary
Oracle has been named a Leader in the 2023 Gartner Magic Quadrant for Configure, Price, and Quote Applications for the seventh consecutive year. The company was recognized based on 'Completeness of Vision' and 'Ability to Execute'. Oracle CPQ, built with powerful AI functions and running on Oracle Cloud Infrastructure, helps organizations automate and optimize configuration, pricing, and quotation models, shortening sales cycles and lowering operational costs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.15%
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Rhea-AI Summary
Marriott International has chosen Oracle Hospitality OPERA Cloud as its property management system, aiming to enhance guest experiences, increase efficiency, and drive revenue growth across its properties. The platform, built on Oracle Cloud Infrastructure, will streamline hotel operations, centralize data for better guest insights, and optimize event space. Marriott is also leveraging Oracle Fusion Cloud HCM and multicloud architectures for HR processes and IT scaling. Oracle Hospitality brings over 45 years of experience in providing technology solutions to the hospitality industry, enabling personalized guest experiences, maximizing profitability, and encouraging loyalty.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.36%
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Rhea-AI Summary
Oracle announces the general availability of the OCI Generative AI service, offering a fully managed service that integrates large language models from Cohere and Meta Llama 2. The service includes multilingual capabilities, improved GPU cluster management experience, and flexible fine-tuning options. Oracle is embedding generative AI across all layers of the technology stack, including applications, database, and cloud services, to enable widespread adoption in the enterprise.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.57%
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AI
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Rhea-AI Summary
Oracle has been recognized as a Leader in the 2023 Magic Quadrant™ for Cloud Database Management Systems by Gartner. The company's Autonomous Database for Transaction Processing (ATP) scored highest in all three Use Cases in the 2023 Gartner Critical Capabilities for Cloud Database Management Systems. Oracle's Autonomous Database for Data Warehouse (ADW) also scored highest for Traditional Data Warehouse and second highest for Logical Data Warehouse Use Cases. The company continues to innovate with new capabilities like JSON duality views and AI Vector Search, and is executing on its multicloud vision by offering Database Cloud Services at Microsoft Azure.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.03%
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Rhea-AI Summary
Oracle has been recognized as a Leader in IDC MarketScapes for Worldwide Operations Management Solutions and Worldwide Order Orchestration and Fulfillment Applications. The company has extended its Customer Value & Adoption team dedicated to engaging customers across its retail solutions with more depth. Oracle's merchandise operations management solutions have been praised for their advanced AI/ML capabilities, cloud services access, and the ability to deliver on-demand forecasting with full visibility of inventory.
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End-of-Day
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Rhea-AI Summary
Oracle introduces new capabilities in Oracle Fusion Cloud EPM to help finance leaders navigate new tax complexities and regulations, in collaboration with Deloitte's Pillar Two implementation services. The combination aims to simplify complex tax processes, achieve better alignment between finance, sales, and taxation, and automate end-to-end processes, in response to the OECD's Pillar Two requirements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.28%
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Rhea-AI Summary
Samsonite (SAM): Iconic luggage retailer streamlines business operations and enhances customer experiences with Oracle's retail and cloud infrastructure solutions. Samsonite continues to rely on Oracle Cloud to serve travelers across 100 countries in Asia, North America, Europe, and Latin America. Most recently, Samsonite implemented the latest mobile Oracle Retail Xstore Point-of-Service systems across its European stores, giving associates the freedom to help customers from anywhere. With complete inventory visibility across channels, store staff can provide personalized service to shoppers and help ensure they get the products they are looking for. Samsonite also used Oracle APEX to build Bagsupport, a luggage-as-a-service app, and is running the offering on OCI to support global scale with reduced downtime and costs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.28%
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Rhea-AI Summary
Oracle (ORCL) recognized as a leader in retail planning platforms by The Forrester Wave™. The report highlights Oracle Retail Cloud Platform's strengths in channel and store assortment planning, merchandise financial planning, and continuous planning. Oracle scored the highest in the agile merchandising criterion and was praised for its vision and innovation. The platform, built on Oracle Cloud Infrastructure, offers scalable and customizable workflows for retailers and CPG firms.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.98%
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Rhea-AI Summary
North Memorial Health (NMH) selects Oracle Fusion Cloud Applications Suite to streamline finance, supply chain, and HR processes, aiming to reduce costs and enhance the employee and patient experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.19%
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Oracle Corp.

NYSE:ORCL

ORCL Rankings

ORCL Stock Data

332.87B
1.59B
41.97%
43.96%
0.47%
Software Publishers
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US
Redwood City

About ORCL

Oracle Corporation is an American multinational computer technology corporation headquartered in Austin, Texas. In 2020, Oracle was the third-largest software company in the world by revenue and market capitalization.