Latest news with #Oracle
Yahoo
3 hours ago
- Business
- Yahoo
Oracle Corporation (ORCL) Outpaced the S&P 500 in 2025 with Robust Cloud Business
Oracle Corporation (NYSE:ORCL) is one of the Best Dividend Stocks of 2025. A team of IT professionals meticulously crafting a large-scale enterprise performance management system. Oracle Corporation (NYSE:ORCL) shares had their strongest week in over two decades, ending June 13, as investors responded positively to a strong earnings report and optimistic outlook for the company's cloud computing business. The last time the company experienced a better weekly performance was back in April 2001, during the dot-com bust, when brief market rebounds were frequent. At that time, Oracle shares had dropped nearly 50% in the preceding quarter. Today, Oracle Corporation (NYSE:ORCL) is in a very different position. Although it was once seen as a latecomer to the cloud infrastructure space, the company has successfully carved out a niche— especially in supporting clients with artificial intelligence workloads— and is now experiencing rapid growth in that area. Larry Ellison, Oracle Corporation (NYSE:ORCL)'s chairman, made the following comment: 'The demand is astronomical. But we have to do this methodically. The reason demand continues to outstrip supply is we can only build these data centers, build these computers, so fast.' Oracle Corporation (NYSE:ORCL)'s dividend policy is also garnering attention. The company has paid regular dividends to shareholders since 2009 and currently pays a quarterly dividend of $0.50 per share. The stock supports a dividend yield of 0.94%, as of June 26. Oracle Corporation (NYSE:ORCL) has surged by nearly 27% since the start of 2025. While we acknowledge the potential of ORCL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure. None.
Yahoo
4 hours ago
- Business
- Yahoo
Google swipes Oracle alum for cloud CFO
This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. Oracle finance executive Kobi Bar-Nathan took the role of CFO for Google Cloud, effective this month, according to his LinkedIn profile. A five-year alum of Oracle, Bar-Nathan most recently served as the software provider's CFO and SVP finance, Oracle Cloud Infrastructure. The appointment comes after Google Cloud revenues skyrocketed by 28% during Google parent Alphabet's most recent quarter, according to earnings results published in April. Revenues for the segment hit $12.3 billion for the quarter ended March 31, led by growth in Google Cloud Platform core and AI-related products which was 'much higher than Cloud's overall revenue growth rate,' Alphabet CFO Anat Ashkenazi said during the company's earnings call. An experienced financial executive in the cloud industry, Bar-Nathan's past experience includes 10 years at Microsoft, serving in such roles as finance director, Microsoft Cloud Infrastructure and group finance manager, cloud and enterprise COGs, according to his LinkedIn. He also served a seven-year tenure at Intel as a finance manager and in roles at the company's semiconductor fabricators in Israel. Bar-Nathan's appointment comes as rising demand for AI infrastructure drives up competition in the cloud industry— fueling a rush in data center spending from top players including Google Cloud, Amazon Web Services, Microsoft and Meta. Those four companies accounted for 44% of data center capital investments for the first quarter of the year, as Q1 data center capital expenditures rose by 53% year-over-year to reach $153 billion, CFO Dive sister publication CIO Dive previously reported. Altogether, AWS, Google Cloud and Microsoft plan to invest over $250 billion in such buildouts this year to help meet expanding AI processing power demands, CIO Dive reported. For the company's first quarter, Alphabet reported $17.2 billion in capital expenditures, 'primarily reflecting investment in our technical infrastructure, with the largest component being investment in servers, followed by data centers to support the growth of our business across Google Services, Google Cloud, and Google DeepMind,' CFO Ashkenazi said during the company's earnings call, according to a transcript. The company expects its jump in capex over the past few years to put continued pressure 'on the P&L, primarily in the form of higher depreciation,' Ashkenazi said during the call. 'In the first quarter, we saw 31% year-on-year growth in depreciation from the increase in technical infrastructure assets placed in service.' The jump in AI spending also comes as the industry looks to navigate continued tariff uncertainty and regulatory changes that could impact its potential future growth. President Donald Trump's back-and-forth on potential tariffs that could be levied against foreign semiconductor imports — the chips that drive AI processes — has sparked unease inside the tech industry, as well as in other spaces that rely on such chips, including the automotive space, according to a report by Bloomberg. Google did not immediately respond to a request for comment. Recommended Reading Hertz CAO takes interim CFO seat
Yahoo
4 hours ago
- Business
- Yahoo
OpenAI taps Google Cloud TPUs in bid to diversify AI chip supply
-- OpenAI has started using Google's (NASDAQ:GOOGL) artificial intelligence chips to help power ChatGPT and related services, marking its first significant shift away from exclusive reliance on Nvidia (NASDAQ:NVDA) hardware, according to a report by The Information. The move is part of a broader strategy by the AI company to reduce its dependence on Microsoft(NASDAQ:MSFT)-managed infrastructure. Through Google Cloud, OpenAI is renting Google's tensor processing units (TPUs) with the aim of cutting the costs associated with inference computing, the execution of models after training is completed. The decision could offer Google's TPUs a higher profile as a cost-effective alternative to Nvidia's widely used graphics processing units (GPUs), which dominate the AI sector. Previously, OpenAI sourced Nvidia chips primarily via partnerships with Microsoft and Oracle (NYSE:ORCL) to train and deploy its models. While Google is providing some TPU capacity, it is reportedly not offering its most powerful versions to OpenAI, according to sources cited by The Information. That limitation suggests Google's most advanced TPUs remain reserved for internal use, including work on its own large language models under the Gemini project. For OpenAI, access to earlier versions of the TPUs still represents a step toward infrastructure diversification amid growing industry demand. It's still unclear whether OpenAI will use Google chips for model training or limit them to inference workloads. As competition increases and resource constraints deepen, a hybrid-use infrastructure could provide new flexibility for scaling. The arrangement highlights the evolving dynamics of the AI hardware landscape, where companies like Google are leveraging years of investment in both software and custom silicon. For OpenAI, the addition of Google as a chip supplier broadens the ecosystem around its technology stack and addresses growing concerns over availability and cost of compute resources. Related articles OpenAI taps Google Cloud TPUs in bid to diversify AI chip supply - The Information UBS examines how this year's hurricane season could impact European reinsurers Bernstein weighs in on the path ahead for Japanese semiconductor equipment stocks Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time Business News
14 hours ago
- Business
- Time Business News
Amit Kakkar: A Journey of Purpose-Driven Consulting and Social Impact
From Humble Roots in Punjab to a Global Mission Amit Kakkar's story begins in Punjab, India, where he was raised in a modest household. Despite the challenges that come with limited resources, Amit carved a path that blended academic excellence with a passion for creating real-world impact. Today, he stands out not only as a freelance consultant with over two decades of experience but also as a social impact leader who has touched thousands of lives through his humanitarian efforts. An Academic Foundation That Laid the Groundwork for Global Success Amit's educational journey showcases a strong commitment to continuous learning and professional development. After completing his +2 (higher secondary education), he earned a Bachelor of Arts (BA) degree, followed by a Post Graduate Diploma in Computer Applications (PGDCA). Not stopping there, he pursued a Master of Science (MSc) and then went on to complete a Master in Information Technology (MIT). To further enhance his technical credentials, Amit became an Oracle Certified Professional (OCP 8i), specializing as an Oracle Database Administrator. In addition, he acquired various certifications focusing on Study in the USA and Study in Canada, preparing him for his later role as a leading education consultant. From Networking to Global Consulting: A Career Spanning Over 20 Years Amit Kakkar's career trajectory reflects his dynamic expertise and dedication to excellence. His professional journey began in 1995 as Networking Incharge at Tata Infotech, where he built a solid foundation in IT infrastructure. From 2001 to 2004, he worked as an Oracle Database Administrator at GMCH Sector 32, gaining hands-on experience in managing critical database systems. In 2004, Amit found his true calling—helping students access top colleges and universities abroad. As an education consultant, he spent a decade building strong relationships with reputed global institutions. His strategic and student-focused approach led his company to win the Best Consultants Award 8 times in 10 years, a testament to his excellence in the field. Freelance Consultancy: A Multidimensional Expertise Since 2014, Amit Kakkar has operated as a professional freelancer, bringing his diverse skills to various sectors: Travel Consulting – Assisting clients with seamless travel arrangements, especially for international education and business trips. – Assisting clients with seamless travel arrangements, especially for international education and business trips. Real Estate Consulting – Providing strategic advice for investments and residential solutions. – Providing strategic advice for investments and residential solutions. Event Management – Coordinating impactful and professional events for businesses and non-profits. – Coordinating impactful and professional events for businesses and non-profits. Healthcare Consulting – Offering insights into system optimization, patient care improvement, and public health awareness. With more than 20 years of consultancy experience, Amit has earned the Best Consultant Award 6 times in the last 8 years, reflecting his adaptability, strategic thinking, and results-driven mindset. Social Impact Through Charity and Humanitarian Work Amit Kakkar's commitment goes far beyond professional consulting. He is the driving force behind a registered NGO that focuses on improving the lives of underprivileged communities across India. His NGO leads initiatives in: Free education for underprivileged children – Ensuring access to quality education for those who cannot afford it. – Ensuring access to quality education for those who cannot afford it. Medical camps and health awareness – Addressing emerging diseases and promoting public health in underserved areas. – Addressing emerging diseases and promoting public health in underserved areas. Fighting human trafficking and cybercrime – Empowering communities to identify, report, and prevent exploitation. – Empowering communities to identify, report, and prevent exploitation. Promoting peace and safety – Engaging in community programs that foster social harmony and resilience. Through these initiatives, Amit's efforts have impacted over 25,000 lives, helping individuals transition into stable, independent, and empowered futures. Recognized Leader in Consulting and Community Development Amit's work has not gone unnoticed. In both professional and social spheres, he is recognized as a thought leader, mentor, and problem solver. Whether he is guiding a student to a prestigious university or helping a village establish clean water access through an NGO project, Amit blends compassion with competence. His LinkedIn profile, Amit Kakkar – Freelance Consultant | Social Impact Leader, reflects a robust network and an ongoing commitment to excellence, transparency, and impact. A Trusted Consultant for the Future In a world that values agility, integrity, and impact, Amit Kakkar is a name to remember. His multifaceted career as a freelance consultant—spanning IT, education, travel, healthcare, and real estate—is proof of his adaptability and deep understanding of global trends. At the same time, his grassroots-level social work exemplifies a lifelong mission to make the world a better place, one project at a time. Whether you're a student seeking guidance, a business in need of strategic consulting, or an organization aiming to collaborate on a social initiative, Amit Kakkar offers wisdom backed by experience. Explore More About Amit Kakkar To learn more about his professional journey, achievements, and services, visit his official LinkedIn profile. Whether you're looking for consulting support or exploring opportunities for collaboration in charitable work, Amit welcomes meaningful partnerships that bring value and purpose. TIME BUSINESS NEWS
Yahoo
17 hours ago
- Business
- Yahoo
Oracle Red Bull Racing Adopts Oracle Fusion Cloud to Boost Efficiency
Oracle Corporation (NYSE:ORCL) is one of the best software infrastructure stocks to invest in. On June 26, Oracle Red Bull Racing, which is the six-time world champion Formula One team, announced its adoption of the Oracle Fusion Cloud Applications Suite. This aims to accelerate operations by migrating finance and HR processes to the cloud, thereby increasing efficiency, reducing costs, and supporting compliance with Formula One's fixed annual cost cap. Previously relying on manual and spreadsheet-based financial planning, Oracle Red Bull Racing needed a unified view of its business data. The Oracle Fusion Cloud Applications Suite will connect finance, HR, and customer experience data on a single integrated cloud platform. A team of IT professionals meticulously crafting a large-scale enterprise performance management system. Some key components include the Oracle Fusion Cloud Enterprise Performance Management/EPM, which is part of Oracle Fusion Cloud Enterprise Resource Planning/ERP, and will enhance visibility, optimize planning & budgeting, and improve resource allocation. Oracle Fusion Cloud Human Capital Management/HCM will provide more detailed workforce insights, simplify HR processes & payroll, streamline talent recruitment, and boost the employee experience. The team already utilizes Oracle Fusion Cloud Customer Experience/CX to engage with fans through personalized content, members-only rewards, and a sophisticated loyalty program. Oracle Corporation (NYSE:ORCL) offers products and services that address enterprise information technology environments worldwide. While we acknowledge the potential of ORCL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey.
