Oracle forecasts upbeat third quarter as IT spending rebounds
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/11/2026
- US stocks close down as oil spikes 12%, job market weakens
- U.S. nonfarm payroll employment unexpectedly falls in February
- Oracle stock falls on report of scrapped Texas data center plans
- Kuwait cuts oil output as storage fills up
- Boeing reportedly nearing 500-aircraft deal with China ahead of Trump visit
- After-hours movers: Marvell, Samsara, GAP, Cooper Cos.
- After-hours movers: Broadcom, StubHub, Cracker Barrel, Grocery Outlet, Veeva Systems and more
- After-hours movers: Moderna, CrowdStrike, Ross Stores, Box and more
- After-hours movers: MongoDB, Credo, SoFi Technologies and more
- After-hours movers: Dell, Block, CoreWeave, Autodesk, MARA and more
Oracle (ORCL) PT Raised to $115 at Cowen
December 10, 2021 6:44 AM UTCCowen analyst Derrick Wood raised the price target on Oracle (NYSE: ORCL) to $115.00 (from $96.00) while maintaining an Outperform rating.
The analyst commented, "ORCL posted a strong 2Q w/ 6% cc rev growth above our +4%, the fastest growth in 4 yrs. Bookings commentary was... More
Oracle (ORCL) Stock Gains 6% on Strong Q2 Results
December 9, 2021 4:24 PM UTCOracle (NYSE: ORCL) shares were trading more than 6% higher after-hours following the companys reported Q2 results, with EPS coming in at $1.21, beating the consensus estimate of $1.11.
Quarterly revenue grew 6% year-over-year to $10.4 billion, compared to the consensus estimate of $10.21 billion. Cloud services and license... More
