An Oppenheimer analyst has turned bullish on Oracle’s stock after a selloff that has wiped away more than half the company’s value since its September peak.
Shares of Oracle (ORCL) rose about 4% on Wednesday after Oppenheimer upgraded the stock to Outperform from Perform.
Oppenheimer believes that a sharp recent pullback in Oracle has created an attractive risk-reward balance for investors. The ...
Oracle Corp. has begun laying the groundwork needed to start construction on its new headquarters in Nashville.
Investors continue to fret whether the company has bitten off more than it can chew with its AI-spending commitments.
If all goes well, the bet will pay handsomely and leave Oracle as a dominant player in the industry. If it doesn't, the company could be in dire straits financially, and the stock would be in the ...
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