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Oracle Announces Fiscal 2024 First Quarter Financial Results

Oracle Announces Fiscal 2024 First Quarter Financial Results

United statesSafra catzLarry ellisonAsia pacificPrnewswire oracle corporationOracle corporationOracle investor relations departmentOracle cloud servicesOracle announces fiscalQuarter financialCloud infrastructureCloud servicesLicense supportOracle chairmanOracle cloudConference call

Oracle Announces Fiscal 2024 First Quarter Financial Results

Q1 GAAP Earnings per Share $0.86, Non-GAAP Earnings per Share $1.19 Q1 Total Revenue $12.5 billion, up 9% in USD, up 8% in constant currency Q1 Cloud Revenue.

United statesSafra catzAsia pacificLarry ellisonOracle corporationPrnewswire oracle corporationOracle cloud servicesOracle investor relations departmentCloud infrastructureCloud servicesLicense supportOracle chairmanOracle cloudConference callOracle investor relationsInvestor relations department

Oracle buys Cerner for $28 billion

Oracle buys Cerner for $28 billion
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United statesLarry ellisonSafra katzTechnology officerOracle corporationCerner corporationOracle chairmanChief technology

We re starting a position in a business software giant that s upped its cloud game

With plenty of cash on hand, we have been scanning the market looking for new opportunities and landed on this one.

United statesJim cramerLarry ellisonJim cramer charitableAmazon web servicesCharitable trustWall streetGoogle cloudOracle cloud infrastructure generationOracle chairmanTotal cloudCloud applicationsCloud infrastructureMeta platformsBoth microsoftBreaking news technology

Oracle s cloud business, which runs TikTok, could be hurt the most from Biden s new proposed restrictions for China

President Joe Biden wants to block the cloud computing loophole that lets China get access to restricted AI technology. Oracle has the most to lose.

United statesMark moerdlerLarry ellisonJoe bidenAmazon web servicesWall streetPresident joe bidenCloud servicesChinese companiesOracle chairmanAmerican companies

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