Stock Data
$1.39 (1.06%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
TECHNOLOGY
Industry
SOFTWARE - INFRASTRUCTURE
Oracle Corporation is a global leader in cloud computing and software solutions, offering a wide array of services designed to meet the complex needs of enterprise IT environments. Its comprehensive portfolio includes Oracle Cloud applications for enterprise resource planning (ERP), human capital management, supply chain management, and more, alongside industry-specific solutions. Oracle also provides essential infrastructure technologies like databases, Java, and middleware, as well as hardware products and services. With a focus on innovation, Oracle supports businesses, government agencies, and educational institutions in their digital transformation journeys, making it a cornerstone in the tech industry since 1977.
Cramer sees tech mega-cap IPOs and secondary offerings as the real market headwind, not valuations.
Remember, supply can kill the bull, but a lack of supply resuscitates it. If we have no more new supply, like a huge Oracle or Meta deal--then we can break out again...hence why an NVDA can finally move..
Cloud Infrastructure exploded 93% to power a $638 billion backlog, but Oracle's AI dominance came at a price: $55.7 billion in capital expenditures for the year and a planned $40 billion capital raise ahead to fund the buildout.
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