Tag: ORCL

  • Nvidia’s Next Stop Could be $1,000

    Nvidia’s Next Stop Could be $1,000

    The artificial intelligence boom shows no signs of slowing. With artificial intelligence impacting just about every industry in the world, the market could be worth about $594 billion by 2032, according to Precedence Research. Plus, according to a McKinsey report, “63% of companies that adopted AI into their operations in 2023 reported revenue increases.” Plus,…

  • Oracle Starting to Come Back Strong, as Hoped

    Oracle Starting to Come Back Strong, as Hoped

    Oracle’s weakness became an opportunity. As we noted just yesterday, “Investors may want to take advantage of the pullback to less than $110.  At this point, the $18 drop appears to be a severe overreaction.” Turns out it was a good call. Not only did ORCL catch support, but it’s starting to move higher, as…

  • Use Crisis at Oracle as Opportunity

    Use Crisis at Oracle as Opportunity

    Tech stocks took a header on poor Oracle earnings today. The company, which was expected to ride the artificial intelligence wave, disappointed the Street. In fact, according to analysts at Cowen, “Expectations were high, and while we thought this was a solid cloud number, there was no upside to [Oracle cloud infrastructure] and it wasn’t…