OR

Oracle

ORCL
NYSEInformation Technology
$184.13
USD
+0.03(+0.02%)
At close: Jun 12, 20:00 UTC

Open

$183.81

Prev. Close

$183.81

High

$184.46

Low

$183.63

Market Snapshot

Market Cap

$529.03B

P/E Ratio

32.7

EPS

4.21

Revenue

$54.93B

Why ORCL moved

Oracle's Q4 revenue reached $19.18 billion, and the company announced plans to invest $40 billion in artificial intelligence expansion initiatives.

About

Oracle Corp. engages in the provision of products and services that address aspects of corporate information technology environments, including applications and infrastructure technologies. The company is headquartered in Austin, Texas and currently employs 162,000 full-time employees. The firm operates through three businesses: cloud and license, hardware and service. Its cloud and license business is engaged in the sale, marketing and delivery of its enterprise applications and infrastructure technologies through cloud and on-premise deployment models including its cloud services and license support offerings, and its cloud license and on-premise license offerings. Its hardware business provides infrastructure technologies including Oracle Engineered Systems, servers, storage, industry-specific hardware, operating systems, virtualization, management and other hardware-related software to support diverse IT environments. Its services business provides services to customers and partners to help maximize the performance of their investments in Oracle applications and infrastructure technologies.

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