Latest news with #ORCL
Yahoo
16 hours ago
- Business
- Yahoo
What You Need to Know Ahead of Oracle's Earnings Release
Austin, Texas-based Oracle Corporation (ORCL) offers products and services that address enterprise information technology environments worldwide. With a market cap of $688.5 billion, the company offers Oracle Cloud software as a service, including various cloud software applications. ORCL is expected to release its Q1 2026 earnings on Monday, Sept. 8. Ahead of this event, analysts project ORCL to report earnings of $1.15 per share, which represents a 2.5% decline from $1.18 in the same quarter last year. The company has surpassed or matched Wall Street's bottom-line estimates in three of the past four quarters, while missing on one occasion. More News from Barchart Warren Buffett Warns Inflation Turns Business Into 'The Upside-Down World of Alice in Wonderland' But Weeds Out 'Bad Businesses' Why GOOGL Stock May Be the Market's Next Big Winner Alphabet Posts Lower Free Cash Flow and FCF Margins - Is GOOGL Stock Overvalued? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! For fiscal 2025, analysts forecast ORCL to report an EPS of $5.31, marking a 20.7% increase from $4.40 reported in fiscal 2024. Moreover, in fiscal 2026, its earnings are expected to grow 13.8% year-over-year to $6.04 per share. ORCL stock has grown 77.9% over the past 52 weeks, outperforming the Technology Select Sector SPDR Fund's (XLK) 22.7% surge and the S&P 500 Index's ($SPX) 18.3% uptick during the same time frame. On July 17, Oracle advanced nearly 1% in pre-market trading after Scotiabank initiated coverage of the stock with an "Outperform" rating and a $300 price target. Analysts' consensus view on ORCL is highly optimistic, with an overall "Strong Buy" rating. Out of 36 analysts covering the stock, opinions include 25 "Strong Buys," one 'Moderate Buy,' and ten "Holds.' ORCL currently trades above its average analyst price target of $236.57. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on 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
Yahoo
4 days ago
- Business
- Yahoo
SAP Shares Fall Despite Strong Q2 Results, Unchanged Outlook
SAP shares fell about 4% on Wednesday after the German software company reported second-quarter earnings that were better than expected but decided not to update its full-year guidance because of persistent geopolitical risks and weaker visibility. Warning! GuruFocus has detected 8 Warning Signs with ORCL. The firm made 2.57 billion ($2.77 billion) in operational profit in the second quarter, which is nearly 33% more than a year ago. This was helped by cost savings from its 2024 reorganization initiative. Free cash flow rose 83% to 2.36 billion, which was around 1 billion more than what most people thought it would be. SAP kept its expectation for full-year operating profit in 2025 at 10.3 billion to 10.6 billion, which is up from 8.15 billion last year. Dominik Asam, the business's finance officer, said that the company is still "cautiously optimistic" as it heads into the second half of the year, but it is keeping an eye on what is happening in Washington and the public sector. Some analysts and traders said that investors were disappointed because the cloud wasn't doing as well as expected and SAP didn't raise its guidance. One trader told Reuters that the results were "still driven by SAP's old licenses business," and that the "future cloud biz lagged expectations." This article first appeared on GuruFocus. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
4 days ago
- Business
- Yahoo
SAP Shares Fall Despite Strong Q2 Results, Unchanged Outlook
SAP shares fell about 4% on Wednesday after the German software company reported second-quarter earnings that were better than expected but decided not to update its full-year guidance because of persistent geopolitical risks and weaker visibility. Warning! GuruFocus has detected 8 Warning Signs with ORCL. The firm made 2.57 billion ($2.77 billion) in operational profit in the second quarter, which is nearly 33% more than a year ago. This was helped by cost savings from its 2024 reorganization initiative. Free cash flow rose 83% to 2.36 billion, which was around 1 billion more than what most people thought it would be. SAP kept its expectation for full-year operating profit in 2025 at 10.3 billion to 10.6 billion, which is up from 8.15 billion last year. Dominik Asam, the business's finance officer, said that the company is still "cautiously optimistic" as it heads into the second half of the year, but it is keeping an eye on what is happening in Washington and the public sector. Some analysts and traders said that investors were disappointed because the cloud wasn't doing as well as expected and SAP didn't raise its guidance. One trader told Reuters that the results were "still driven by SAP's old licenses business," and that the "future cloud biz lagged expectations." This article first appeared on GuruFocus. Sign in to access your portfolio
The National
18-07-2025
- Business
- The National
Keir Starmer aide's former firm in lobbying probe
Varun Chandra, the Prime Minister's special adviser on business and investment, is facing claims a meeting he organised in 2022 between leading financiers and then-business secretary Kwasi Kwarteng was never properly disclosed. Chandra was a managing partner at the 'global strategic advisory firm' Hakluyt and Company until 2024 when he began working for No 10. A lengthy investigation by openDemocracy has uncovered a host of meetings between Chandra and senior figures in the former Conservative government. The investigation by the Office for the Registrar of Consultant Lobbyists (ORCL) is understood to centre around a meeting held on April 4, 2022 at Hakluyt's office in Mayfair, central London. Hakulyt has denied any wrongdoing. Kwarteng (above) and people at Hakluyt had breakfast, according to the Government's official records and was classified as 'hospitality', implying that it did not relate to Government business. It also said that only the senior Tory's team and people at the company were present, however, additional documents obtained by openDemocracy suggest that 10 finance companies attended, private equity giants Permira and KKR and asset managers Macquarie and Global Infrastructure Partners, the latter of which is owned by BlackRock. A readout of the meeting reviewed by openDemocracy shows that over the course of an hour or so, the UK's secretary of state for business, energy and industrial strategy offered the finance executives significant insider insights into the Tory government's strategies, priorities and plans. READ MORE: Convicted fraudster sets up GoFundMe for Union Jack dress girl's father Kwarteng also reportedly took questions from those gathered, telling them that the 'Government will seek to keep taxes as low as possible'. At stake is whether Hakluyt should have registered as a 'consultant lobbyist' over the meeting, as this activity is regulated. Failing to register as a 'consultant lobbyist' is an offence under the Transparency of Lobbying, Non-Party Campaigning and Trade Union Administration Act 2014. Consultant lobbying is a legal term, distinct from lobbying – which can refer to a number of activities not covered by the 2014 Act. To meet the threshold of consultant lobbying, a company must not only communicate with a government minister or senior civil servant about a matter of government business, but they must do so on behalf of a third party and in return for payment. They must also be VAT registered in the UK. ORCL can issue fines of up to £7,500 for companies and individuals who meet the definition of consultant lobbying but fail to register as such. An ORCL spokesperson told openDemocracy: 'The registrar is investigating Hakluyt in relation to potential unregistered consultant lobbying. 'A case summary will be published when the investigation is complete. The registrar does not comment on ongoing investigations.' READ MORE: Unconvinced campaigners respond to John Swinney's 'new' independence push Ben Worthy, a leading academic at Birkbeck University studying government transparency, said the findings highlighted a 'lack of clarity' in the laws governing lobbying. He said: 'Any member of the public would see this as lobbying, and it illustrates once again the gap between politicians abiding with their own rules and how the public sees it, which is one of the central problems.' (Image: UK Parliament) Labour MP Jon Trickett (above) added: 'These revelations are extremely concerning. It is right that the regulator now investigates whether the law has been broken. We need a total clampdown on lobbying by private companies. Profiteers should not be allowed to use their connections to influence government policy.' Many of the companies Chandra engaged with at Hakluyt now enjoy significant access to and influence with the Labour leadership, including asset managers Macquarie and Global Infrastructure Partners. In his new post, Chandra had dinner with a sovereign wealth fund that attended the April 2022 roundtable meeting, which then met with the PM and chancellor Rachel Reeves the following day, as well as top civil servants, to discuss working together. A spokesperson for Hakulyt said: 'We are not a lobbying organisation – no lobbying occurred at these meetings. Any suggestion that Hakluyt has conducted consultant lobbying within the meaning of applicable legislation is entirely false.'
Yahoo
09-07-2025
- Business
- Yahoo
Apple should acquire Perplexity AI to boost AI strategy, says Wedbush
-- Apple Inc. (NASDAQ:AAPL) should acquire Perplexity AI Inc. to strengthen its artificial intelligence offerings, according to Wedbush analyst Daniel Ives, who called the potential acquisition a "no brainer." Ives highlighted that major tech companies including Nvidia (NASDAQ:NVDA), Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL), Amazon (NASDAQ:AMZN), Meta (NASDAQ:META), OpenAI, and Oracle (NYSE:ORCL) are engaged in an "arms race" to monetize AI, which he described as "the biggest tech trend in the last 50 years." Meanwhile, Apple appears to be falling behind in this technological revolution despite having "the biggest and most entrenched consumer installed base in the world with 2.4 billion iOS devices and 1.5 billion iPhones," Ives noted. The analyst pointed to Apple's disappointing internal efforts to develop Apple Intelligence and the lack of significant AI announcements at this year's Worldwide Developers Conference (WWDC), which he said "massively disappointed investors and most importantly developers." Ives suggested that Apple's traditional approach of developing technology internally may no longer be sufficient in the rapidly evolving AI landscape. "The time has come Apple needs to acquire Perplexity to significantly boost its AI platform," he wrote. Perplexity, an AI search engine currently valued at approximately $14 billion, could "redefine Apple's AI strategy and would fit in very well with Siri," according to Ives. He estimated that Apple might need to pay around $30 billion for the acquisition, which he described as "a drop in the bucket relative to the monetization opportunity." The analyst also noted that such a move could help Apple address both offensive and defensive strategies related to the ongoing Google search trial. Apple's largest acquisition to date was its $3 billion purchase of Beats in 2014. Related articles Apple should acquire Perplexity AI to boost AI strategy, says Wedbush JP Morgan upgrades Bloom Energy on restored fuel cell tax credit Cruise stocks Q2 earnings: Analyst says this name will deliver a beat and raise 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
