UAE’s data center project with U.S. tech firms faces security concerns
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/6/2026
- Dow jumps to record closing high after soft US jobs data, Nasdaq down with chip shares
- Goldman's Garrett sees investors dialing back tech exposure into H2
- AI chip winners may face tougher road ahead as hyperscalers catch up: JPM
- Oil gains on short-covering buys ahead of US holiday
- Rivian stock jumps 5% on raised delivery outlook
JPMorgan Reiterates Neutral Rating on Oracle (ORCL)
June 10, 2025 5:10 AM EDTJPMorgan analyst Mark Murphy reiterated a Neutral rating and $135.00 price target on Oracle (NYSE: ORCL).
The analyst comments "Heading into Oracles FQ4 (May) earnings results, our thesis remains that core AI infrastructure bookings remain robust across the technology landscape, which should be a positive signal for Oracles cloud infrastructure business. We continue to respect Oracles achievements in the AI domain while also being mindful of Oracles premium valuation of >50x EV/Street consensus CY26E uFCF vs. comparable hyperscalers and mega-cap enterprise software companies at ~30x (AMZN, GOOG, MSFT,... More
