Oracle Stock Skyrockets by 15% Hosted by Laycee KluinMarch 13, 2024 ShareLink copied to clipboard. Play video for Oracle Stock Skyrockets by 15%DetailsGuestsOracle’s NYSE: ORCL launch of Gen-2 Cloud services was slow, but the focus on quality over quantity is paying off. The company’s Q3 results and outlook confirm the 2nd wave of AI is here. The wave where all those chips NVIDIA NASDAQ: NVDA and Advanced Micro Devices NASDAQ: AMD produce are built into next-gen cloud infrastructure, paving the way for widespread technology adoption. The primary takeaway from the report is that demand for AI infrastructure exceeds supply, Oracle is ramping supply as quickly as it can, and business momentum is building, driving shareholder value.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioORCLOracle4.875 of 5 stars$151.64-6.1%1.06%37.06NVDANVIDIA4.949 of 5 stars$111.27-5.1%0.04%43.72 Compare These Stocks Add These Stocks to My Watchlist Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. 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Hosted by Laycee KluinMarch 13, 2024 ShareLink copied to clipboard. Play video for Oracle Stock Skyrockets by 15%DetailsGuestsOracle’s NYSE: ORCL launch of Gen-2 Cloud services was slow, but the focus on quality over quantity is paying off. The company’s Q3 results and outlook confirm the 2nd wave of AI is here. The wave where all those chips NVIDIA NASDAQ: NVDA and Advanced Micro Devices NASDAQ: AMD produce are built into next-gen cloud infrastructure, paving the way for widespread technology adoption. The primary takeaway from the report is that demand for AI infrastructure exceeds supply, Oracle is ramping supply as quickly as it can, and business momentum is building, driving shareholder value.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioORCLOracle4.875 of 5 stars$151.64-6.1%1.06%37.06NVDANVIDIA4.949 of 5 stars$111.27-5.1%0.04%43.72 Compare These Stocks Add These Stocks to My Watchlist Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatAlert: DOGE goes liveElon Musk's Department of Government Efficiency ("DOGE") just announced the first-ever "fully digital retireme...Altimetry | Sponsored7 Dividend Achievers That Have Strong UpsideDividend stocks give investors the benefit of receiving consistent, passive income inside a growth investment....MarketBeatWarren Buffett’s Oil Play: Smart Move, Bad PayoutBuffett's making a massive bet on oil with Occidental. But investors only get 1.3% in dividends… That's ...Investors Alley | Sponsored7 Drone Stocks to Buy as the Technology Goes MainstreamAccording to a StartUs Insights Drone Industry Report, there are over 33,000 companies in the drone industry. ...MarketBeat77 Hedge Funds Are Betting On This Off-Radar MineralWith surging prices... supply shortages... and growing demand, hedge funds are betting big on potash. In fa...The Tomorrow Investor | Sponsored7 Tech Stocks That Still Offer Good Value for 2025Technology stocks continue to outperform most of the other market sectors. And, even though many investors may...MarketBeat
