Oracle Corporation’s stock has surged to a record high following a stellar earnings report and new strategic partnerships that signal a promising future for the tech giant. The company’s shares rose by more than 9% in extended trading, reaching $152.90, a new all-time high. This remarkable performance is fueled by three key factors: a robust […]
Oracle Corporation has introduced its state-of-the-art Financial Services Risk and Finance solution to one of the largest life insurers in the Australasian region. This deployment is set to significantly enhance automation, data insights, and reporting capabilities, which are crucial for achieving compliance with International Financial Reporting Standard (IFRS) 17. By centralising risk management and financial […]
Oracle Corporation (NYSE: ORCL) has unveiled its fiscal 2024 third-quarter results, showcasing a significant 7% year-over-year increase in total revenues, reaching $13.3 billion. This growth is consistent in both USD and constant currency terms, highlighting Oracle’s robust performance amid a challenging global economic landscape. The company’s cloud services and license support segments led this impressive […]