Oracle

ORCL

48 Followers

$184.87

+7.13%

$12.30

10 March

Upcoming Earnings

Market Cap.

P/E

ORCL Fair Price

$213.07

Overvalued by 63.7%

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Alfred Gray

@alfredgray

US software company Oracle $ORCL released its 1Q 2024 earnings results. Reported revenue was almost in line with expectations, but investors were not happy with cloud revenue growth. The stock is weakening by more than 10% in the pre-market.

Earnings

Revenue of $12.45 billion represented an 8.8% year-over-year increase. Excluding currency changes, this would be an 8% increase on...
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Ashraf Aboudar

@ashraf_dd 1y

I see the stock took a big hit. Double top and no breakout to the new one. Revenue is slightly below estimates. Investors here are probably more used to beating estimates.

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Barrett Gardener

@justbarrett

AI! The most talked about topic in the investment world lately. We had a crazy tech rally during covid. When the pandemic ended, inflation and interest rates rose and the tech. mega rally was extinguished.

Now we have a new rally!
ChatGPT has left investors feeling exuberant. And a new rally is in full swing as all sorts of future AI opportunities are priced in.
That's why I've...
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Monday Dayton

@mondaydayton 1y

Nicely summed up and I'll join the Applaks here 😂 I also think they'll come up with something later when it's a blast

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Monday Dayton

@mondaydayton

Oracle Corporation's $ORCL results from earlier in the week slightly beat estimates.

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Ashraf Aboudar

@ashraf_dd 1y

Estimates surpassed, a new peak behind us and many more to come. Nice trend, so see you at the moon🤣

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Oracle

ORCL

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