Oracle Corp Stock Price, News & Analysis

Nextdoor (NYSE: KIND) has announced a strategic collaboration with Oracle Advertising to enhance advertiser controls and optimize ad experiences on its platform. The partnership aims to provide advertisers with greater transparency and tools to effectively measure campaign success. Development is expected to commence in 2023. This collaboration is anticipated to strengthen Nextdoor's offerings, connecting brands with a highly engaged local audience while maintaining a trusted environment for digital advertising.

Oracle (NYSE: ORCL) will host its Financial Analyst Meeting on October 20, 2022, during Oracle CloudWorld. The meeting will be accessible live via webcast at 12:00 p.m. Central Time on the Investor Relations homepage. This event aims to provide insights into Oracle's financial direction and performance, emphasizing its role in delivering integrated applications and secure infrastructure in the cloud.

Oracle (NYSE: ORCL) will conduct its 2022 Annual Meeting of Stockholders on November 16, 2022, at 1:00 p.m. CT, via a virtual audio webcast. Eligible stockholders, as of the close of business on September 19, 2022, can participate and vote during the meeting. Guests may attend but cannot vote or ask questions. Proxy materials are available with instructions on participation and voting. A recording of the meeting will be accessible until November 23, 2022, on the Oracle Investor Relations website at www.oracle.com/investor.

Oracle has launched its 5G Cloud Native Network Analytics Suite, integrating machine learning and AI to enhance the performance and stability of 5G networks. The first product, Oracle Communications Network Data Analytics Function, helps operators detect anomalies that could lead to failures in network functions, thereby improving customer service. It features a containerized architecture and offers real-time analytics using an intuitive dashboard. This cloud-native offering supports automation and enables insights sharing for new service development.

Oracle has been recognized as a Leader in the 2022 Gartner Magic Quadrant for Cloud ERP for Product-Centric Enterprises, marking its fourth consecutive acknowledgment. The report indicates that Oracle achieved the highest position in 'ability to execute' and ranks furthest on the 'completeness of vision' axis. Over 11,000 organizations use Oracle Cloud ERP, which offers a comprehensive set of enterprise finance and operations capabilities. This reinforces customer trust and highlights Oracle's ongoing innovation and market leadership in cloud-based solutions.

Oracle and TELMEX have partnered to offer Oracle Cloud Infrastructure (OCI) services in Mexico, enhancing cloud capabilities for enterprises. The collaboration will host a second Oracle Cloud Region in Mexico, strengthening the availability and security of OCI services. With over 800,000 sq. ft. of data center space and a vast fiber optic network, TELMEX-Triara aims to support digital transformation across various sectors. This initiative aligns with Mexico's National Digital Strategy to promote digital skills and connectivity, further establishing Oracle's influence in the Latin American cloud market.

Oracle announced that SUBARU Corporation has migrated its simulation and 3D visualization workloads to Oracle Cloud Infrastructure (OCI) to enhance collision safety and driving performance. This shift has resulted in a 20% reduction in computational timeframes, improving operational efficiency and reducing costs. With OCI's bare metal High Performance Computing (HPC), SUBARU can effectively manage vast simulations while maintaining high performance and stability. The migration, supported by ARGO GRAPHICS, aims to optimize vehicle design and enhance the overall driving experience.

Oracle NetSuite has unveiled new product innovations aimed at enhancing operational efficiency and profitability for businesses. Key offerings include an AP automation solution to streamline bill processing, a CPQ solution to simplify sales workflows, and a workforce management solution for improved employee engagement. These developments are designed to provide valuable insights through enhanced automation and analytics, ultimately supporting growth during economic transitions. Notably, NetSuite has also expanded its global data center capabilities to improve data residency and reduce latency.