|Bid||48.340 x 800|
|Ask||48.350 x 1400|
|Day's Range||47.710 - 48.480|
|52 Week Range||42.570 - 53.480|
|Beta (3Y Monthly)||1.10|
|PE Ratio (TTM)||50.97|
|Earnings Date||Dec 12, 2018 - Dec 17, 2018|
|Forward Dividend & Yield||0.76 (1.60%)|
|1y Target Est||53.10|
Investorideas.com, a leader in investor news and research in leading sectors including tech, releases a sector snapshot looking at recent news and developments in Artificial Intelligence. It’s probably fast becoming a cliché to say that Artificial Intelligence (AI) is the future but with an array of companies rapidly adopting variants of the technology, and market research concluding that serious benefits accrue from embracing it, investors may be realizing more and more that it is a sector to watch. PricewaterhouseCoopers’ (PwC) global AI study, “Sizing the prize”, details insights and projections of the value AI could bring to business as the technology develops.
Accenture (ACN), a Platinum-level member of Oracle PartnerNetwork (OPN), has received 11 Oracle Partner awards in recognition of its sustained excellence, commitment and success in delivering innovative solutions to Oracle customers. Accenture’s awards were announced at Oracle OpenWorld in San Francisco. “Accenture excels in driving impactful business outcomes for Oracle customers around the world,” said Camillo Speroni, vice president of worldwide strategic alliances, Oracle.
VC Daily: 2018 Set for M&A Bonanza; A16z Wades Into Public Market Good day. A record-setting year for mergers and acquisitions is taking shape even as valuations get ever loftier. Today we look at what is behind the bonanza, and how sustainable it is.
CHARLOTTE, N.C., Oct. 18, 2018 -- Velocity Technology Solutions, the global leader in enterprise workload cloud managed services and creator of Velocity Cloud Application.
Oracle (ORCL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Investing.com - IBM (NYSE:IBM) reported third quarter earnings that beat analyst's expectations on Tuesday and revenue that fell short of forecasts.
FireEye’s (FEYE) gradual shift towards a subscription-based business model continues to act as a key catalyst for the company’s ARR (annual recurring revenue) growth. In the last five quarters, the cyber-security firm has witnessed strong growth in ARR driven by higher adoption of its intelligence-based cyber-security products. Its strategic alliance with leading cloud operators like Microsoft (MSFT) and Oracle (ORCL) could drive its subscription-based plan globally.
NVIDIA's (NVDA) continued product launches in the computing segment, as well as increasing demand for its AI-driven graphics chips and technologies, are expected to aid the company.
IBM (IBM) seems to be heading in the right direction to achieve its annual FCF (free cash flow) target of $12 billion. At the end of the second quarter, the company generated a FCF of $3.2 billion on a cumulative basis—compared to $3.6 billion in the same period last year. In 2017, IBM’s FCF was $13 billion. In the last five years, the company maintained an annual run rate of ~$13 billion. Based on IBM’s past historical trends, its FCF target of $12 billion in 2018 could be achieved. Even IBM’s capex-to-sales ratio is low at 4.3%.
IBM’s (IBM) international revenues, which include the EMEA (Europe, Middle East, and Africa) and Asia-Pacific regions, continue to generate strong business. On a combined basis, both of the regions contribute ~53% of IBM’s overall revenues.
On October 10, Oracle (ORCL), the leading database operator, formed a partnership with LinkedIn (MSFT) to streamline HR (Human Resource) solutions. The integrations between Oracle HCM (Human Capital Management) Cloud, LinkedIn, and Taleo Enterprise Edition might reduce the gap between employees’ job responsibilities and the organizations’ overall business objectives. The partnership will allow the HR departments to reduce attrition rates and enhance employee satisfaction across different enterprises through proper training and career development.
In yesterday’s trading, leading technology giant Microsoft (MSFT) fell 5.43%, which was one of its highest declines in the last year. In the graph below, you can see Microsoft’s stock movement compared to its peers. The overall US market is bleeding red, driven by rising interest rates.
The Nasdaq is having its worst month since January 2016. But while Wednesday's drop was large, for much of the tech sector, this was the culmination of a months-long sell-off.
As of Wednesday's close, 52 of 65 components in the S&P 500 tech sector were down at least 10 percent from their 52-week high.
Blockchain technology underpins cryptocurrency transactions. Recently, tech giants Amazon (AMZN), Microsoft (MSFT), Oracle (ORCL), and Facebook have relied on blockchain solutions to build efficient data tracking and security systems. Retail behemoth Walmart (WMT) is also pushing its lettuce suppliers to use blockchain software to upload data about their foods.
NEW YORK, Oct. 09, 2018 -- The Law Offices of Vincent Wong announce that class actions have commenced on behalf of shareholders of the following companies. If you suffered a.
LOS ANGELES, CA / ACCESSWIRE / October 9, 2018 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Oracle Corporation ("Oracle" or "the Company") (NYSE: ORCL) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's shares between May 10, 2017, and March 19, 2018, inclusive (the ''Class Period''), are encouraged to contact the firm before October 9, 2018.
Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed Oracle Corporation (“Oracle” or the “Company”) (ORCL), on behalf of shareholders who purchased or otherwise acquired Oracle securities between May 10, 2017 through March 19, 2018, (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/orcl.
National class action law firm Glancy Prongay & Murray LLP (“GPM”) reminds investors of the October 9, 2018 deadline to file a lead plaintiff motion in the class action filed on behalf of investors that purchased Oracle Corporation (“Oracle” or the “Company”) (NYSE: ORCL) securities between May 10, 2017, and March 19, 2018, inclusive (the “Class Period”). Oracle investors have until October 9, 2018 to file a lead plaintiff motion. The complaint filed in this class action alleges that the Company made false and misleading statements to the market regarding the Company’s sales practices.
NEW YORK, Oct. 08, 2018 -- The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a.
The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Oracle Corporation (“Oracle” or “the Company”) (NYSE: ORCL) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Oracle’s sales teams would also threaten dramatic license cost increases if customers utilized another cloud computing provider.
NEW YORK, Oct. 08, 2018 -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of Oracle Corporation securities (NYSE: ORCL) from May 10, 2017 through March.
Accenture’s (ACN) board of directors decided to change its existing semi-annual dividend payment policy to a quarterly schedule beginning in the first quarter of fiscal 2020. In the fourth quarter of fiscal 2018, Accenture hiked its semi-annual dividend by 10% to $1.46 per share.