Oracle Stock Skyrockets by 15% Hosted by MarketBeat StaffMarch 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 RatioORCLOracle4.8391 of 5 stars$189.25+1.5%0.85%48.78NVDANVIDIA4.7786 of 5 stars$147.63-0.8%0.03%69.25 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 MarketBeat StaffMarch 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 RatioORCLOracle4.8391 of 5 stars$189.25+1.5%0.85%48.78NVDANVIDIA4.7786 of 5 stars$147.63-0.8%0.03%69.25 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 MarketBeatBuffett’s Selling Out: Is Your 401(k) About to Get Wiped Out?Let me share something important with you. Just a few weeks ago, Warren Buffett unloaded $932 million worth of...Golden Crest | Sponsored10 Best Small Cap Stocks to Buy NowLet's talk about small cap stocks. It's common knowledge that tilting your stock portfolio toward smaller-capi...MarketBeatCentral Bank Abandons USDStartling new evidence shows the U.S. Central Bank is abandoning the currency we’ve relied on for centuries – ...True Gold Republic | Sponsored7 Retail Stocks to Buy for a Back-to-School SurgeAdvice like “skate where the puck is going" may sound like billboard investing, but there's a lot of tru...MarketBeat5 Stocks that could triple in a week Robinhood traders have piled $78 billion into this market... Driving tiny tech stock gains of 3,000%, 8,942...Traders Agency | Sponsored7 Meme Stocks That Investors Can Get BehindSince 2020, meme stocks have become a new classification of stocks for investors to consider. Meme stocks refe...MarketBeat
