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Oracle

Oracle Corporation

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Oracle provides database technology and enterprise resource planning, or ERP, software to enterprises around the world. Founded in 1977, Oracle pioneered the first commercial SQL-based relational database management system. Today, Oracle has 430,000 customers in 175 countries, supported by its base of 136,000 employees.

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Oracle relocating HQ to Nashville, TN to strengthen ties with healthcare industry. Stock up 23% in past year. Plans to invest in Japan&#39;s cloud boom. 

Oracle Targets Nashville for New Global HQ, Aiming to Enhance Healthcare Focus

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Meta Platforms executives, including CEO Mark Zuckerberg, responded cautiously to queries about the potential impact of a TikTok ban on the U.S. social media landscape, stating it was too early to assess.

Meta Execs Mark Zuckerberg And Susan Li Tread Lightly On Impact Of TikTok Ban Or Sale: &#39;It Is Just Too Early&#39;

Tesla Optimus Bot

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TSLA

Tesla may install 85K Nvidia H100 chips by year-end, surpassing Amazon and Google as a major customer. Musk&#39;s AI initiatives rely on these chips.

Elon Musk&#39;s Big Bet: Tesla to Ramp Up AI Development with Nvidia&#39;s Powerful Chips

Oracle Corp

New AI capabilities in Oracle Cloud CX help marketers, sellers, and service agents, improve customer satisfaction, increase productivity, and accelerate deal cycles
MEXICO CITY, April 25, 2024 &nbsp;/PRNewswire/ -- Oracle&nbsp;CloudWorld -&nbsp;Oracle today announced new artificial intelligence (AI) capabilities within <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4150576-1&amp;h=1939322209&amp;u=https%3A%2F%2Fwww.oracle.com%2Fcx%2F&amp;a=Oracle+Fusion+Cloud+Customer+Experience+(CX)">Oracle Fusion Cloud Customer Experience (CX)</a>&nbsp;to&nbsp;help marketers, sellers, and service agents accelerate deal cycles. The new AI capabilities will help organizations generate more sales faster by automating time-consuming tasks and enabling front office professionals to more precisely target, engage, and serve buyers.
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"AI is continuously proving its ability to enhance user experiences and we are only beginning to see what this technology can do for customer service, sales, and marketing," said Katrina Gosek, vice president of product strategy, Oracle Cloud CX. "The new AI capabilities embedded within Oracle Cloud CX will enable organizations to enhance customer satisfaction and drive more sales by automating processes that enable marketing, sales, and service professionals to spend their quality time on more meaningful tasks while the technology is helping to engage and serve buyers in a more precise manner."
Built on Oracle Cloud Infrastructure (OCI) and leveraging its leading AI services, Oracle supports over 50 generative AI use cases that are embedded within <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4150576-1&amp;h=357673463&amp;u=https%3A%2F%2Fwww.oracle.com%2Fapplications%2F&amp;a=Oracle+Fusion+Cloud+Applications+Suite">Oracle Fusion Cloud Applications Suite</a>&nbsp;and designed to respect customers' enterprise data, privacy, and security. With OCI Generative AI Service, no customer data is shared with large language model (LLM) providers or seen by other customers. In addition, an individual customer is the only entity allowed to use custom models trained on its data. To further protect sensitive information, role-based security is embedded directly into Oracle Fusion Applications workflows that only recommends content that end users are entitled to view.
The new AI capabilities in Oracle Cloud CX further expand the AI capabilities within Oracle Fusion Applications, which helps organizations be more competitive, boost productivity, and reduce the cost of doing business. New AI capabilities in Oracle Cloud CX include:
<ul>
<li>Gen AI Assisted Answer Generation: Helps service agents reduce their workloads by automatically crafting contextually aware responses to customer questions. This new generative AI capability in <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4150576-1&amp;h=1838338013&amp;u=https%3A%2F%2Fwww.oracle.com%2Fcx%2Fservice%2F&amp;a=Oracle+Service">Oracle Service</a> will improve customer response times and free up service agents to focus on more complex scenarios by leveraging Oracle Digital Assistant to manage and answer customer inquiries.</li>
<li>Assisted Scheduling for Field Service: Helps field service technicians optimize their schedules by automatically recommending relevant jobs by considering key identifiers such as availability, location, skills, billing status, and more. This new capability in Oracle Service leverages AI to improve service productivity and overall customer satisfaction by automatically recommending jobs based on the estimated job duration and travel time.</li>
<li>Opportunity Identification: Helps marketers and sellers generate more B2B deals and grow account-based revenue by helping to identify the right contacts at target accounts in order to improve effective cross-sell and upsell motions. The new AI models within <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4150576-1&amp;h=1764748714&amp;u=https%3A%2F%2Fwww.oracle.com%2Fcx%2Fcustomer-data-platform%2F&amp;a=Oracle+Unity+CDP">Oracle Unity CDP</a> provide look-alike modeling for contacts, job title normalization, and topic interest mapping, which help predictively identify and label the right members of a buying group to drive activation and more relevant sales engagement.</li>
<li>Gen AI Assisted Authoring for Marketing and Sales: Helps marketers and sellers quickly create compelling content to better engage buyers and accelerate deal cycles. The new generative AI capabilities in <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4150576-1&amp;h=1920075084&amp;u=https%3A%2F%2Fwww.oracle.com%2Fcx%2Fmarketing%2F&amp;a=Oracle+Marketing">Oracle Marketing</a> and <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4150576-1&amp;h=2697985760&amp;u=https%3A%2F%2Fwww.oracle.com%2Fcx%2Fsales%2F&amp;a=Oracle+Sales">Oracle Sales</a> help increase buyer engagement by producing targeted content for marketing and sales collateral, such as recommended copy for emails and landing pages.</li>
<li>Seller Engagement Recommendations: Helps sellers increase buyer engagement and accelerate purchase decisions. The new AI capabilities within Oracle Sales enable sellers to generate more deals by delivering highly targeted recommendations on specific products to offer, insights on the buyers' role and engagement level, and additional contacts for key opportunities.</li>
</ul>
"Service resources are finite so it is critical that organizations can predict, plan, and proactively activate the parts of service that can be automated. This would also free up time to be spent on more complex and business-critical tasks that only a human can complete," said Aly Pinder, research vice president, IDC. "The latest updates to Oracle Service are good examples of how AI and machine learning models can improve customer experiences and create the efficiencies needed for service workers to be more productive."
Part of Oracle Fusion Applications, <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4150576-1&amp;h=830948402&amp;u=https%3A%2F%2Fwww.oracle.com%2Fcx%2F&amp;a=Oracle+Cloud+CX">Oracle Cloud CX</a>&nbsp;helps organizations connect data and workflows across marketing, sales, and service to make every customer interaction matter. To learn how Oracle Cloud CX can help your organization improve the customer experience and build brand loyalty, please visit: <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4150576-1&amp;h=185374333&amp;u=https%3A%2F%2Fwww.oracle.com%2Fcx%2F&amp;a=oracle.com%2Fcx">oracle.com/cx</a>

Oracle Introduces New AI Capabilities Within Oracle Fusion Cloud Customer Experience (CX) To Help Marketers, Sellers, And Service Agents Accelerate Deal Cycles

Oracle Corp&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) announced plans to relocate its headquarters again, this time to Nashville, Tenn., to establish closer ties with the healthcare industry.
During a&nbsp;live-streamed&nbsp;interview hosted by Oracle&#8217;s health division on Tuesday, Chairman Larry Ellison revealed that the enterprise software company is transferring a large campus to the Southern city,&nbsp;ultimately serving&nbsp;as its global headquarters.
&#8220;We want to be in a community where our people are happy to live,&#8221; the Wall Street Journal&nbsp;<a target="_blank" href="https://www.wsj.com/tech/oracle-to-move-headquarters-again-this-time-to-nashville-035ca2b9?mod=tech_more_article_pos2" rel="noreferrer noopener">cited</a>&nbsp;Ellison during the interview with former Tennessee Sen. Bill Frist.
In 2020, Oracle, alongside other Silicon Valley tech companies, initially moved its headquarters from California to Austin, Texas.
Founded in Santa Clara, Calif., in 1977, Oracle later set its headquarters in Redwood City. At the time of its move to Texas, the software giant declared that the relocation&nbsp;was aimed&nbsp;at adopting a more flexible approach to workforce management.
Ellison explained that this latest relocation&nbsp;is intended&nbsp;to better align Oracle with the medical industry.
In 2021, Oracle significantly invested in the healthcare sector through its nearly $30 billion acquisition of electronic medical records company Cerner.
This deal positioned Oracle prominently in a sector that is a significant growth driver for cloud computing. Ellison has emphasized that healthcare remains a key strategic&nbsp;focus&nbsp;for the company.
Oracle had previously acquired riverfront property in the city for an office complex. The company also committed to constructing a pedestrian bridge over the river as part of the development.
Recently, Oracle&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/equities/24/04/38309267/oracle-bets-big-on-japans-cloud-boom-with-8b-investment" rel="noreferrer noopener">announced its intention</a>&nbsp;to invest more than $8 billion over the next decade to meet Japan&#8217;s increasing demand for cloud computing and AI infrastructure.
This investment will enhance the presence of Oracle Cloud Infrastructure (OCI) throughout Japan.
Oracle stock gained 23% in the last 12 months. Investors can gain exposure to the stock via Themes Cloud Computing ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLOD#NASDAQ">CLOD</a>) and Defiance Next Gen Connectivity ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIVG#NYSE">FIVG</a>).
<h2 class="wp-block-heading">Oracle Stock Prediction For 2024</h2>
Equity research can be a valuable source of information for learning about a company's fundamentals. Analysts create financial models based on the fundamentals and expected future earnings of a company to arrive at a price target and recommendation for the stock.
Shares of Oracle have an average 1-year price target of $137.47, representing an expected upside of 19.2%.
Because of differences in assumptions, analysts can arrive at very different price targets and recommendations. No analysts have bearish recommendations on Oracle, while 10 analysts have bullish ratings. The street high price target from Mizuho is $160.0, while the street low from DA Davidson is $105.0.
Price Action: ORCL shares are down 0.80% at $114.42 premarket at&nbsp;the last check on Thursday.
Also Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/news/23/06/32888774/oracles-health-unit-faces-major-downsizing-post-cerner-acquisition-amid-industry-trends" rel="noreferrer noopener">Oracle&#8217;s Health Unit Faces Major Downsizing Post-Cerner Acquisition Amid Industry Trends</a>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo: Michael Vi/Shutterstock

NVIDIA AI Enterprise on Oracle Cloud Infrastructure Supercluster enables government organizations to quickly build and deploy scalable and secure deep learning workloads
AUSTIN, Texas, April 25, 2024 /PRNewswire/ -- Oracle today announced that <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4150165-1&amp;h=3168118023&amp;u=https%3A%2F%2Fcloudmarketplace.oracle.com%2Fmarketplace%2Fen_US%2Flisting%2F155314141&amp;a=NVIDIA+AI+Enterprise">NVIDIA AI Enterprise</a>&nbsp;on <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4150165-1&amp;h=818946272&amp;u=https%3A%2F%2Fwww.oracle.com%2Fcloud%2F&amp;a=Oracle+Cloud+Infrastructure">Oracle Cloud Infrastructure</a> Supercluster is now available in the <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4150165-1&amp;h=185281095&amp;u=https%3A%2F%2Fwww.oracle.com%2Fgovernment%2Fgovcloud%2Ffedramp-high-jab%2F&amp;a=Oracle+U.S.+Government+Cloud">Oracle U.S. Government Cloud</a> region to help address sovereign AI. Building on the expansion of their partnership, Oracle and NVIDIA are helping U.S. government customers train and deploy AI solutions with access to Oracle Cloud Infrastructure's 100+ services, including its generative AI services running on high-performance accelerators, including NVIDIA H100 and NVIDIA A100 Tensor Core GPUs, as well as ultra-low-latency networking, and secure storage.
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Governments must meet stringent security, digital sovereignty, and compliance requirements when developing, deploying, and operating their enterprise AI stack. To help customers address these challenges and take advantage of the latest developments in AI, NVIDIA AI Enterprise on <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4150165-1&amp;h=2748101764&amp;u=https%3A%2F%2Fwww.oracle.com%2Fai-infrastructure%2F&amp;a=Oracle+Cloud+Infrastructure+Supercluster">Oracle Cloud Infrastructure Supercluster</a>&nbsp;is built from the ground up to meet security and sovereign AI requirements and provides the best of NVIDIA software and Oracle Cloud Infrastructure AI infrastructure in a unified solution.
NVIDIA AI Enterprise is an end-to-end, cloud-native software platform that accelerates and streamlines the development and deployment of production-grade AI applications. Government cloud customers can utilize NVIDIA AI Enterprise on Oracle Cloud Infrastructure Supercluster for both the training and inferencing of models. Included in NVIDIA AI Enterprise is <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4150165-1&amp;h=1699168378&amp;u=https%3A%2F%2Fdeveloper.nvidia.com%2Fblog%2Fnvidia-nim-offers-optimized-inference-microservices-for-deploying-ai-models-at-scale%2F&amp;a=NVIDIA+NIM">NVIDIA NIM</a>, a set of optimized, cloud-native inference microservices designed to simplify deployment of generative AI models. <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4150165-1&amp;h=876095672&amp;u=https%3A%2F%2Fwww.nvidia.com%2Fen-us%2Fai-data-science%2Fgenerative-ai%2Fnemo-framework%2F&amp;a=NVIDIA+NeMo">NVIDIA NeMo</a>, also accessible through NVIDIA AI Enterprise, provides customers with training and inferencing frameworks, as well as data curation tools. These microservices, models, and frameworks can be used by governments for tasks such as semantic search, document understanding, clustering, and content summarization. With the security and scalability of Oracle Cloud Infrastructure, organizations can scale and deploy sensitive enterprise AI workloads in a controlled and dedicated environment.
"Government agencies previously faced limitations in deploying their AI initiatives," said Rand Waldron, vice president, Global Government Sector, Oracle. "With NVIDIA AI Enterprise on Oracle Cloud Infrastructure Supercluster in our government cloud regions, we lead the charge in sovereign AI adoption and innovation without compromising security."
"Sovereign AI can be a transformative force for governments seeking innovation through generative AI while also maintaining strict security and compliance," said Ian Buck, vice president, Hyperscale and HPC Computing, NVIDIA. "With NVIDIA AI Enterprise software on Oracle Cloud Infrastructure, developers can use a full-stack accelerated computing platform to develop proprietary, secure AI applications that help improve operations and the lives of citizens they serve."
With NVIDIA AI Enterprise on Oracle Cloud Infrastructure Supercluster, government customers can:
<ul>
<li>Leverage Oracle Cloud Infrastructure Supercluster that uses NVIDIA A100 and NVIDIA H100 Tensor Core GPUs to build next-generation AI models.</li>
<li>Access cloud hardware and networking that can sustain the bandwidth required by large language model training with ultra-low-latency RDMA cluster networks.</li>
<li>Utilize best-in-class development tools, frameworks, and pretrained models for AI practitioners, and reliable management and orchestration for IT professionals to help ensure performance, high availability, and security.</li>
<li>Protect against external security threats with workloads deployed in Oracle Government Cloud regions that are isolated and operated separately from commercial public cloud regions.</li>
<li>Secure their cloud tenancy with a comprehensive set of simple, prescriptive, and integrated security capabilities, including data encryption and identity management.</li>
<li>Adopt a <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4150165-1&amp;h=1677073808&amp;u=https%3A%2F%2Fwww.oracle.com%2Fsecurity%2Fwhat-is-zero-trust%2F&amp;a=zero+trust+security+model">zero trust security model</a>.</li>
</ul>
Oracle Government Cloud is part of Oracle's distributed cloud strategy, which offers customers all the advantages of cloud with greater control over operations, location, and security to support digital sovereignty.
NVIDIA AI Enterprise on Oracle Cloud Infrastructure Supercluster can be accessed via private offers through the Oracle Cloud Marketplace.

Oracle U.S. Government Cloud Customers Accelerate Sovereign AI With NVIDIA AI Enterprise

Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) executives, including CEO Mark Zuckerberg and CFO Susan Li, were cautious in their response to a question about <a href="https://www.benzinga.com/news/24/04/38394855/biden-set-to-sign-tiktok-ban-into-law-after-senate-passes-bill-supported-by-gop-democrats">the potential impact</a> of the TikTok ban or sale on the U.S. social media landscape.
What Happened: During the company&#8217;s <a href="https://www.benzinga.com/news/earnings/24/04/38416273/meta-platforms-q1-earnings-highlights-facebook-owner-beats-estimates-but-guidance-higher-costs-ding">first-quarter earnings call</a> on Wednesday, Li responded to a question about the TikTok ban, stating that it was too early to assess its impact on Meta&#8217;s business.
Youssef Squali from Truist Securities directed his question to Zuckerberg saying, &#8220;Mark with the upcoming ban or sale of TikTok ending to a lot earlier today, how do you think that will impact the U.S. social media landscape?&#8221;
Squali also asked, &#8220;What do you say to people who believe that this is potentially a slippery slope in terms of the government picking up winners and losers?&#8221;
See Also: <a href="https://www.benzinga.com/markets/equities/24/04/38345502/elon-musk-reacts-after-nvidia-stock-plunges-10-and-erases-212b-market-cap-rookie-numbers?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mark Zuckerberg Gives Shoutout To Taylor Swift&#8217;s Debut On Threads, Says &#8216;That One Was A Big Deal In My House&#8217;</a>
Zuckerberg decided to not address the question, after which Li responded, &#8220;We&#8217;ve obviously been following the events related to TikTok closely, but at this stage, it is just too early I think to assess its impact or what it would mean for our business.&#8221;
Why It Matters: The TikTok ban has been a topic of significant interest in the tech industry. After the U.S. House of Representatives and Senate passed a bill that could lead to the ban or sale of TikTok, President Joe Biden <a href="https://www.benzinga.com/markets/asia/24/04/38418913/tiktok-fights-back-we-arent-going-anywhere-whats-next-for-users">signed it into law on Wednesday</a>. 
TikTok CEO Shou Zi Chew has said that they will fight back. &#8220;Make no mistake, this is a ban, a ban on TikTok and a ban on you and your voice,&#8221; he said in a two-minute <a href="https://www.tiktok.com/@tiktok/video/7361448925972155679" target="_blank" rel="noreferrer noopener">video</a> posted to TikTok's main corporate account.
Former President Donald Trump has <a href="https://www.benzinga.com/news/24/04/38368049/trump-reverses-tiktok-ban-stance-accuses-biden-of-favoring-zuckerbergs-meta-doing-it-to-help-faceboo">repeatedly voiced opposition</a> to a potential ban on TikTok, accusing President Biden of aiding Facebook, led by Zuckerberg, in amassing more influence on social media platforms and potentially interfering in elections, to the detriment of Republicans.
Subscribe to the <a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a> to get all the latest tech developments delivered to your inbox.
Meanwhile, Wedbush analysts believe that while Microsoft Corp. and Oracle Corp. could be the &#8220;likely buyers&#8221; of TikTok, but added Meta and Google <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38358239/microsoft-and-oracle-could-be-tiktoks-likely-buyers-but-real-winners-would-be-mark-">could emerge as winners</a>. &#8220;We would expect Meta to be the primary recipient of redistributed TikTok revenue should the company exit the U.S., with Google the likely number two beneficiary.&#8221;
Wedbush's Dan Ives has previously spoken about the potential <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/03/37689925/tiktok-ban-benefits-meta-and-others-but-us-is-playing-a-little-with-fire-says-wedbu">repercussions of a TikTok ban</a> for large technology firms, calling the situation a &#8220;slippery slope&#8221; and a &#8220;watershed moment.&#8221; 
Check out more of Benzinga's Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next: <a href="https://www.benzinga.com/government/24/04/38350596/former-gop-hopeful-nikki-haley-joins-calls-for-tiktok-ban-to-stop-infiltration-of-chinese-communist?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Meta CEO Mark Zuckerberg: &#8216;More Than 50% Of The Content People See On Instagram Is Now AI Recommended&#8217;</a>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.

Meta Execs Mark Zuckerberg And Susan Li Tread Lightly On Impact Of TikTok Ban Or Sale: 'It Is Just Too Early'

Tesla Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) may install 85,000&nbsp;Nvidia Corp&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) H100 chips by year-end to train its artificial intelligence (AI) models.&nbsp;
If CEO Elon Musk proceeds with this plan, Tesla will surpass tech giants like&nbsp;Amazon.Com Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and&nbsp;Alphabet Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>)&nbsp;Google&nbsp;as a significant Nvidia customer.&nbsp;
During Tesla&#8217;s first quarterly earnings report for 2024, Musk disclosed that the company currently possesses 35,000 H100 chips, the most advanced and expensive graphics processing units designed for AI applications, CNBC&nbsp;<a target="_blank" href="https://www.cnbctv18.com/technology/tesla-nvidia-h100-biggest-buyer-google-amazon-microsoft-meta-19401278.htm" rel="noreferrer noopener">reports</a>.
These chips are vital for Musk&#8217;s AI initiatives, which include the development of advanced robots like Optimus Bot and Robotaxi and a supercomputer named Dojo.
Reports indicate that&nbsp;Meta Platforms Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) is Nvidia&#8217;s largest customer.&nbsp;
According to the World Economic Forum, Nvidia produced 550,000 chips last year, and companies must wait until 2024 to secure additional supplies.&nbsp;
Microsoft Corp&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) is the second-largest buyer, as stated by Omdia, with an order of 150,000 GPUs in 2023. Other significant purchasers include Oracle Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>), Tencent Holding Ltd (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TCEHY#OTC">TCEHY</a>), Google, and Amazon, each reportedly acquiring 50,000 chips. Meta, Microsoft, Google, and Amazon nearly account for 40% of Nvidia&#8217;s revenue. CNBC writes.&nbsp;
Musk&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/equities/24/04/38345502/elon-musk-reacts-after-nvidia-stock-plunges-10-and-erases-212b-market-cap-rookie-numbers" rel="noreferrer noopener">had mocked Nvidia&#8217;s</a>&nbsp;substantial market capitalization loss on April 19, calling the 10% stock decline &#8220;rookie numbers&#8221; on X, formerly Twitter.&nbsp;
Nvidia experienced a&nbsp;<a target="_blank" href="https://www.benzinga.com/news/24/04/38358181/whats-going-on-with-nvidia-and-amd-stocks-on-monday" rel="noreferrer noopener">significant drop in</a>&nbsp;stock value, shedding $211 billion in market capitalization, marking the second-largest single-day loss in U.S. stock market history.&nbsp;
This steep decline&nbsp;was triggered&nbsp;by disappointing earnings from&nbsp;ASML Holdings NV&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASML#NASDAQ">ASML</a>) and a pessimistic market outlook from&nbsp;Taiwan Semiconductor Manufacturing Co&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>).&nbsp;
Meanwhile, analysts maintained their bullish stance on Nvidia, expecting it to rule the accelerator market primarily backed by&nbsp;<a target="_blank" href="https://www.benzinga.com/news/24/04/38388117/whats-going-on-with-nvidia-and-amd-stocks-on-tuesday" rel="noreferrer noopener">its Blackwell product</a>.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="650" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/24044332/newplot-27.png" alt="" class="wp-image-305990" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/24044332/newplot-27.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/24044332/newplot-27-300x260.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure>
Nvidia stock gained 205% in the last 12 months. Tesla stock lost 11%.
Price Actions: TSLA shares traded higher by 11.40% at $161.21 premarket at the last check Wednesday.
Photo courtesy: Shutterstock

Elon Musk's Big Bet: Tesla to Ramp Up AI Development with Nvidia's Powerful Chips

Senator Markwayne Mullin (R-Okla.) has refuted that there is any conflict of interest over his ownership of Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) shares, ahead of a vote to potentially ban TikTok.
What Happened: The senator was questioned on Last Call with CNBC about the optics of voting on the TikTok ban while owning Meta shares. <a href="https://www.benzinga.com/government/24/03/37710878/congress-moves-to-ban-tiktok-could-members-benefit-from-positions-in-social-media-stocks-like-meta-p">Mullin purchased Meta shares in January</a>, leading to speculation that his vote could be influenced by potential profit gains for Meta, a TikTok competitor, if the ban is implemented.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">&quot;Do you worry about the optics of voting on this legislation, but also owning <a href="https://twitter.com/search?q=%24META&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$META</a>?&quot; <a href="https://twitter.com/SullyCNBC?ref_src=twsrc%5Etfw">@SullyCNBC</a> asks <a href="https://twitter.com/SenMullin?ref_src=twsrc%5Etfw">@SenMullin</a> ahead of a vote to potentially ban TikTok. <a href="https://t.co/CsvKYx3z3K">pic.twitter.com/CsvKYx3z3K</a>
&mdash; Last Call (@LastCallCNBC) <a href="https://twitter.com/LastCallCNBC/status/1782920183385850067?ref_src=twsrc%5Etfw">April 23, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/markets/equities/24/04/38350014/elon-musk-reacts-to-teslas-pricing-debate-only-a-fool-thinks?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Reacts To Tesla&#8217;s Pricing Debate: &#8216;Only A Fool Thinks ….&#8217;</a>
While Mullin denied divulging details about his market activities, he mentioned that he was not fighting against a company, but the Chinese Communist Party.
&#8220;What I am saying is the Chinese Communist Party should not be allowed to do business openly inside the United States and use the freedom of speech as a protection. They don&#8217;t have protection, the communist party doesn&#8217;t have protection. They are an enemy and we should fight against them with every opportunity we have,&#8221; he said.
Why It Matters: The controversy arises amid increasing regulatory pressure on TikTok. TikTok&#8217;s efforts to <a href="https://www.benzinga.com/news/24/04/38350035/tiktok-to-remove-executive-responsible-for-allaying-us-national-security-concerns-amid-rising-regula">allay U.S. national security concerns</a> have been unsuccessful, leading to the removal of a key executive. The U.S. House of Representatives recently passed a bill requiring TikTok to be sold by its Chinese parent company, ByteDance Ltd., or face a ban in the U.S.
Meanwhile, former President Donald Trump has <a href="https://www.benzinga.com/news/24/04/38368049/trump-reverses-tiktok-ban-stance-accuses-biden-of-favoring-zuckerbergs-meta-doing-it-to-help-faceboo">reversed his stance on the TikTok ban</a>, accusing President Joe Biden of favoring Meta. Trump alleges that Biden is pushing for the TikTok ban to help Meta gain more power.
Analysts from Wedbush believe that while Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) and Oracle Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) could be the &#8220;likely buyers&#8221; of TikTok, the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38358239/microsoft-and-oracle-could-be-tiktoks-likely-buyers-but-real-winners-would-be-mark-">real winners could be </a>Meta&#8217;s Mark Zuckerberg and Alphabet Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Sundar Pichai. The TikTok ban bill is part of a larger package aimed at providing aid and bolstering national security measures in support of Ukraine, Israel, and Taiwan. 
Price Action: On Tuesday, Meta stock closed 2.98% higher at $496.10, as per <a href="https://pro.benzinga.com">Benzinga Pro</a>.
Read Next: <a href="https://www.benzinga.com/markets/equities/24/04/38368953/jim-cramer-sees-nvidia-as-going-from-star-of-the-show-to-being-the-goat-of-the-game?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Jim Cramer Sees Nvidia As Going &#8216;From Star Of The Show To Being The Goat Of The Game&#8217;</a>
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Equities

Politics

Global

Markets

General

GOP Senator Who Owns Meta Stock Denies Conflict of Interest Ahead Of TikTok Ban Vote: 'I Am Not Fighting Against A Company'

PINS

Bytedance Says It Sent TikTok Lite Risk-Assessment Report To EU After EU Gave Co 24 Hours To Produce The Document

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Information Technology sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/26/24</td>
<td>$800.00</td>
<td>$122.8K</td>
<td>6.2K</td>
<td>50.1K</td>
</tr>
<tr>
<td>TSM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$130.00</td>
<td>$25.9K</td>
<td>1.6K</td>
<td>4.0K</td>
</tr>
<tr>
<td>SMCI</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>04/26/24</td>
<td>$700.00</td>
<td>$37.7K</td>
<td>1.7K</td>
<td>4.0K</td>
</tr>
<tr>
<td>RIOT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/26/24</td>
<td>$9.00</td>
<td>$26.5K</td>
<td>8.6K</td>
<td>2.6K</td>
</tr>
<tr>
<td>PLTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$23.00</td>
<td>$40.0K</td>
<td>19.4K</td>
<td>2.3K</td>
</tr>
<tr>
<td>MCHP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$90.00</td>
<td>$51.6K</td>
<td>1.7K</td>
<td>1.8K</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$30.00</td>
<td>$46.6K</td>
<td>8.2K</td>
<td>1.4K</td>
</tr>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>05/17/24</td>
<td>$410.00</td>
<td>$86.8K</td>
<td>4.2K</td>
<td>1.1K</td>
</tr>
<tr>
<td>SNOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/26/24</td>
<td>$152.50</td>
<td>$26.8K</td>
<td>709</td>
<td>1.0K</td>
</tr>
<tr>
<td>ORCL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$115.00</td>
<td>$31.0K</td>
<td>1.8K</td>
<td>1.0K</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on April 26, 2024. Parties traded 77 contract(s) at a $800.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $122.8K, with a price of $1595.0 per contract. There were 6224 open contracts at this strike prior to today, and today 50175 contract(s) were bought and sold. 
• Regarding TSM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), we observe a call option sweep with bullish sentiment. It expires in 88 day(s) on July 19, 2024. Parties traded 28 contract(s) at a $130.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $25.9K, with a price of $925.0 per contract. There were 1686 open contracts at this strike prior to today, and today 4086 contract(s) were bought and sold. 
• For SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we notice a put option trade that happens to be neutral, expiring in 4 day(s) on April 26, 2024. This event was a transfer of 13 contract(s) at a $700.00 strike. The total cost received by the writing party (or parties) was $37.7K, with a price of $2905.0 per contract. There were 1702 open contracts at this strike prior to today, and today 4071 contract(s) were bought and sold. 
• For RIOT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</a>), we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on April 26, 2024. This event was a transfer of 150 contract(s) at a $9.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $26.5K, with a price of $177.0 per contract. There were 8670 open contracts at this strike prior to today, and today 2630 contract(s) were bought and sold. 
• For PLTR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>), we notice a call option sweep that happens to be bearish, expiring in 25 day(s) on May 17, 2024. This event was a transfer of 460 contract(s) at a $23.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $40.0K, with a price of $87.0 per contract. There were 19464 open contracts at this strike prior to today, and today 2392 contract(s) were bought and sold. 
• For MCHP (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>), we notice a call option sweep that happens to be bullish, expiring in 25 day(s) on May 17, 2024. This event was a transfer of 397 contract(s) at a $90.00 strike. This particular call needed to be split into 73 different trades to become filled. The total cost received by the writing party (or parties) was $51.6K, with a price of $130.0 per contract. There were 1760 open contracts at this strike prior to today, and today 1865 contract(s) were bought and sold. 
• For MARA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), we notice a call option sweep that happens to be bullish, expiring in 151 day(s) on September 20, 2024. This event was a transfer of 200 contract(s) at a $30.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $46.6K, with a price of $233.0 per contract. There were 8254 open contracts at this strike prior to today, and today 1470 contract(s) were bought and sold. 
• For MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we notice a call option trade that happens to be neutral, expiring in 25 day(s) on May 17, 2024. This event was a transfer of 100 contract(s) at a $410.00 strike. The total cost received by the writing party (or parties) was $86.8K, with a price of $868.0 per contract. There were 4282 open contracts at this strike prior to today, and today 1118 contract(s) were bought and sold. 
• For SNOW (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>), we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on April 26, 2024. This event was a transfer of 200 contract(s) at a $152.50 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $26.8K, with a price of $134.0 per contract. There were 709 open contracts at this strike prior to today, and today 1086 contract(s) were bought and sold. 
• For ORCL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>), we notice a call option sweep that happens to be bearish, expiring in 25 day(s) on May 17, 2024. This event was a transfer of 100 contract(s) at a $115.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $31.0K, with a price of $310.0 per contract. There were 1849 open contracts at this strike prior to today, and today 1030 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

MARA

MCHP

PLTR

RIOT

SMCI

SNOW

10 Information Technology Stocks Whale Activity In Today's Session

Wedbush analysts believe that while Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) and Oracle Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) could be the "likely buyers" of <a href="https://www.benzinga.com/news/24/04/38348328/tiktok-sale-or-ban-social-media-giants-future-hangs-in-balance-as-house-passes-controversial-bill">social media platform TikTok</a>, Meta Platforms Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) Mark Zuckerberg and Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Sundar Pichai could emerge as the real winners.
What Happened: The TikTok ban bill, which is part of a larger package aimed at providing aid and bolstering national security measures in support of Ukraine, Israel, and Taiwan, has been passed by the U.S. House of Representatives.
The legislation proposes that TikTok, the widely popular video app, must be sold within a year or face a ban from U.S. app stores.
This bill is now racing for a signature in the Senate and, once signed by President Joe Biden, would become law, starting the clock on the TikTok ban or sale.
ByteDance Ltd., the parent company of TikTok, would have up to a year to divest TikTok in a forced sale or face a ban, as per the current legislation.
If ByteDance goes down the forced sale route, it is unlikely that TikTok would be sold with the algorithm, which would significantly change the value of the social media platform.
See Also: <a href="https://www.benzinga.com/markets/equities/24/04/38345502/elon-musk-reacts-after-nvidia-stock-plunges-10-and-erases-212b-market-cap-rookie-numbers?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Reacts After Nvidia Stock Plunges 10% And Erases $212B Market Cap: &#8216;Rookie Numbers&#8217;</a>
While Microsoft and Oracle have expressed interest in the past to acquire TikTok, the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/03/37689925/tiktok-ban-benefits-meta-and-others-but-us-is-playing-a-little-with-fire-says-wedbu">real winners</a> would be Zuckerberg and Pichai, according to Wedbush analysts.
"We would expect Meta to be the primary recipient of redistributed TikTok revenue should the company exit the U.S., with Google the likely number two beneficiary."
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
In a note seen by <a href="https://pro.benzinga.com/dashboard">Benzinga</a>, Wedbush analysts underscore that 60% of the surveyed TikTok users said they'd use Meta's Facebook or Instagram, while 19% said they'd use YouTube.
"In our view, Meta would be the most likely candidate to benefit from this scenario given the strength of its Reels offering, which reached a $10B run rate in 3Q."
Why It Matters: The proposed legislation for a TikTok ban or forced sale has been a topic of concern for several months.
The bill could significantly impact the future of TikTok in the U.S., as it faces scrutiny in Congress over concerns that ByteDance, its Chinese parent company, could comply with the Chinese government in actions liable to undermine national security.
The bill has already faced <a href="https://www.benzinga.com/markets/asia/24/03/37800098/tiktok-ban-china-has-the-power-to-block-sale-gains-leverage-over-washington">rejection from Beijing</a> and is risking adding yet another complication to the already unstable relationship between the world&#8217;s two largest economies.
Despite the potential benefits for other social media giants, the <a href="https://www.benzinga.com/news/24/04/38130274/elon-musks-x-could-be-next-after-tiktok-says-former-house-democrat-not-at-all-a-stretch-of-imaginati">bill has raised concerns</a> over the U.S. government&#8217;s excessive power over online expression and business operations, as highlighted by Former House Democrat Tulsi Gabbard.
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next: <a href="https://www.benzinga.com/news/24/04/38268298/when-elon-musk-met-jack-ma-and-instantly-regretted-it?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">&#8216;When Elon Musk Met Jack Ma And Instantly Regretted It&#8217;</a>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photos courtesy: Shutterstock and Flickr

Analyst Color

Analyst Ratings

Microsoft And Oracle Could Be TikTok's 'Likely Buyers,' But Real Winners Would Be Mark Zuckerberg And Sundar Pichai

Benzinga's options scanner has just identified more than 9 option transactions on Oracle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>), with a cumulative value of $447,265. Concurrently, our algorithms picked up 4 puts, worth a total of 528,150.
<h3>Expected Price Movements</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $112.0 to $130.0 for Oracle during the past quarter. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Oracle's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Oracle's whale trades within a strike price range from $112.0 to $130.0 in the last 30 days. 
<h3>Oracle Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1713795391_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ORCL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/19/24</td>
<td>$6.0</td>
<td>$5.9</td>
<td>$5.95</td>
<td>$115.00</td>
<td>$297.5K</td>
<td>1.9K</td>
<td style="text-align: right;">6</td>
</tr>
<tr>
<td>ORCL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$15.1</td>
<td>$13.45</td>
<td>$14.1</td>
<td>$130.00</td>
<td>$169.2K</td>
<td>800</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>ORCL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$3.75</td>
<td>$3.6</td>
<td>$3.75</td>
<td>$115.00</td>
<td>$75.0K</td>
<td>1.8K</td>
<td style="text-align: right;">11</td>
</tr>
<tr>
<td>ORCL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/31/24</td>
<td>$6.35</td>
<td>$6.35</td>
<td>$6.35</td>
<td>$112.00</td>
<td>$60.3K</td>
<td>95</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>ORCL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/26/24</td>
<td>$2.82</td>
<td>$2.69</td>
<td>$2.7</td>
<td>$117.00</td>
<td>$35.7K</td>
<td>554</td>
<td style="text-align: right;">346</td>
</tr>
</tbody>
</table>

<h3>About Oracle</h3>
Oracle provides database technology and enterprise resource planning, or ERP, software to enterprises around the world. Founded in 1977, Oracle pioneered the first commercial SQL-based relational database management system. Today, Oracle has 430,000 customers in 175 countries, supported by its base of 136,000 employees.
<h3>Present Market Standing of Oracle</h3>
<ul>
<li>With a trading volume of 726,955, the price of ORCL is up by 0.17%, reaching $115.08.</li>
<li>Current RSI values indicate that the stock is may be oversold.</li>
<li>Next earnings report is scheduled for 49 days from now.</li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Oracle, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Check Out What Whales Are Doing With ORCL

Oracle's high-performance, cost-effective cloud for classified defense workloads

Oracle Announced Accreditation Of Three Cloud Regions For U.S. DoD With Defense Information Systems Agency Impact Level 6 Authorization To Host Secret Classified Workloads

Oracle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) has outperformed the market over the past 10 years by 1.07% on an annualized basis producing an average annual return of 11.27%. Currently, Oracle has a market capitalization of $319.16 billion. 
Buying $100 In ORCL: If an investor had bought $100 of ORCL stock 10 years ago, it would be worth $290.60 today based on a price of $116.12 for ORCL at the time of writing.
<h3>Oracle's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1713544342_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Trading Ideas

$100 Invested In Oracle 10 Years Ago Would Be Worth This Much Today

Palantir Technologies Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) shares are trading lower in the&nbsp;<a target="_blank" href="https://www.benzinga.com/premarket" rel="noreferrer noopener">premarket session on Friday</a>.&nbsp;
According to&nbsp;<a target="_blank" href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" rel="noreferrer noopener">Benzinga Pro</a>,&nbsp;PLTR stock has lost over 6.9% in the past five days.&nbsp;Despite the downturn, Palantir received an&nbsp;<a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38217699/jim-cramer-turns-bullish-on-palantir-make-a-move-and-buy-some" rel="noreferrer noopener">endorsement</a>&nbsp;from&nbsp;Jim Cramer&nbsp;on April 12.&nbsp;Cathie Woods&#8217; Ark Invest purchased more than $475,000 of Palantir shares&nbsp;recently,&nbsp;<a target="_blank" href="https://www.benzinga.com/news/24/04/38227765/whats-going-on-with-palantir-stock" rel="noreferrer noopener">deepening its investment in AI technology.</a>
Investors can gain exposure to the stock via&nbsp;ProShares Big Data Refiners ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAT#NYSE">DAT</a>) and&nbsp;SoFi Social 50 ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SFYF#NYSE">SFYF</a>).
The&nbsp;software company has reportedly held meetings with agencies to present use cases for inventory and supply chain planning, programmatic sales, and campaign optimization, Marketing Brew&nbsp;<a target="_blank" href="https://www.marketingbrew.com/stories/2024/04/18/palantir-is-pitching-ad-agencies-on-its-ai-technology?__cf_chl_rt_tk=KuojjUR0IfCW1Of.FYtgccipnCTnlFpFvFzrMBkVbG4-1713515848-0.0.1.1-1514" rel="noreferrer noopener">reported</a>.
Palantir&#8217;s&nbsp;pitch encompasses a&nbsp;wide&nbsp;scope, with its platform capable of uncovering efficiencies and extracting insights from client data regarding an&nbsp;advertiser&#8217;s&nbsp;audiences and customers, Marketing Brew&nbsp;reported.
The company is considering applications such as&nbsp;&#8220;supply-chain operations&#8221;&nbsp;and&nbsp;&#8220;customer service&#8221;&nbsp;as potential use cases, the report read.&nbsp;
In fact,&nbsp;a&nbsp;&#8220;leading broadcast network&#8221;&nbsp;with its own OTT platform employed Palantir to categorize its audiences into groups and monitor customer journeys, resulting in a 300% surge in engagement from a specific target group during one campaign, Marketing Brew said.
Earlier this month, Palantir&nbsp;inked a pact with&nbsp;Oracle Corporation&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) to provide secure cloud and AI solutions to&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/04/n38088461/oracle-and-palantir-join-forces-to-deliver-mission-critical-ai-solutions-to-governments-and-busine" rel="noreferrer noopener">power businesses and governments worldwide.&nbsp;</a>&nbsp;Palantir will move Foundry workloads to Oracle Cloud Infrastructure as part of the agreement.&nbsp;
On April 17, the company announced that it&nbsp;had&nbsp;been designated&nbsp;as an &#8216;Awardable&#8217; vendor for the&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/equities/24/04/38291051/whats-going-on-with-palantir-technologies-shares-today" rel="noreferrer noopener">Chief Digital and Artificial Intelligence Office&#8217;s (CDAO)&nbsp;Tradewinds Solutions Marketplace.</a>
Palantir said that the Department of Defense can now access two of the company&#8217;s product offerings, including Palantir&#8217;s AI Mission Command Capability and its Predictive Maintenance &amp; Precision Sustainment Suite, through the Marketplace to support critical missions.
Read Next:<a target="_blank" href="https://www.benzinga.com/markets/equities/24/04/38310059/looking-for-affordable-connectivity-and-streaming-comcast-unveils-now-eyes-prepaid-and-month-to-" rel="noreferrer noopener">&nbsp;</a><a target="_blank" href="https://www.benzinga.com/markets/equities/24/04/38310059/looking-for-affordable-connectivity-and-streaming-comcast-unveils-now-eyes-prepaid-and-month-to-" rel="noreferrer noopener">Looking For Affordable Connectivity And Streaming? Comcast Unveils NOW &#8211; Eyes Prepaid And Month-to-month Internet</a>
Price Action: PLTR shares are trading lower by 0.95% to $20.93 premarket on the last check Friday.
Photo by Spyro the Dragon on Shutterstock

SFYF

Palantir Technologies Pitches Agencies For Inventory And Supply Chain Management Use Cases - What's Going On?

Analysts' ratings for Oracle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) over the last quarter vary from bullish to bearish, as provided by 19 analysts.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">9</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">9</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $137.47, with a high estimate of $160.00 and a low estimate of $105.00. Marking an increase of 10.08%, the current average surpasses the previous average price target of $124.88. 
<img src="https://www.benzinga.com/files/images/story/2024/1713456045_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
A comprehensive examination of how financial experts perceive Oracle is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Jason Ader</td>
<td>Keybanc</td>
<td>Announces</td>
<td>Overweight</td>
<td>$150.00</td>
<td>-</td>
</tr>
<tr>
<td>Kash Rangan</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Neutral</td>
<td>$130.00</td>
<td>$115.00</td>
</tr>
<tr>
<td>Stephen Bersey</td>
<td>HSBC</td>
<td>Raises</td>
<td>Buy</td>
<td>$155.00</td>
<td>$144.00</td>
</tr>
<tr>
<td>Kirk Materne</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$145.00</td>
<td>$130.00</td>
</tr>
<tr>
<td>Derrick Wood</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Outperform</td>
<td>$145.00</td>
<td>$130.00</td>
</tr>
<tr>
<td>Keith Bachman</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$142.00</td>
<td>$126.00</td>
</tr>
<tr>
<td>Kash Rangan</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Neutral</td>
<td>$130.00</td>
<td>$115.00</td>
</tr>
<tr>
<td>Siti Panigrahi</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Buy</td>
<td>$160.00</td>
<td>$140.00</td>
</tr>
<tr>
<td>Brent Bracelin</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$140.00</td>
<td>$122.00</td>
</tr>
<tr>
<td>Brad Reback</td>
<td>Stifel</td>
<td>Raises</td>
<td>Hold</td>
<td>$120.00</td>
<td>$100.00</td>
</tr>
<tr>
<td>Gil Luria</td>
<td>DA Davidson</td>
<td>Announces</td>
<td>Neutral</td>
<td>$105.00</td>
<td>-</td>
</tr>
<tr>
<td>Karl Keirstead</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$150.00</td>
<td>$130.00</td>
</tr>
<tr>
<td>Keith Weiss</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$115.00</td>
<td>$106.00</td>
</tr>
<tr>
<td>Mark Moerdler</td>
<td>Bernstein</td>
<td>Raises</td>
<td>Outperform</td>
<td>$159.00</td>
<td>$147.00</td>
</tr>
<tr>
<td>Brad Sills</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Neutral</td>
<td>$144.00</td>
<td>$122.00</td>
</tr>
<tr>
<td>Brent Thill</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Buy</td>
<td>$150.00</td>
<td>$145.00</td>
</tr>
<tr>
<td>Mark Murphy</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Neutral</td>
<td>$105.00</td>
<td>$100.00</td>
</tr>
<tr>
<td>Raimo Lenschow</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$147.00</td>
<td>$140.00</td>
</tr>
<tr>
<td>Tyler Radke</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$120.00</td>
<td>$111.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Oracle. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Oracle compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of Oracle's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Oracle's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/ORCL/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Oracle analyst ratings.</a>
<h2>Delving into Oracle's Background</h2>
Oracle provides database technology and enterprise resource planning, or ERP, software to enterprises around the world. Founded in 1977, Oracle pioneered the first commercial SQL-based relational database management system. Today, Oracle has 430,000 customers in 175 countries, supported by its base of 136,000 employees.
<h3>Oracle: Financial Performance Dissected</h3>
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Revenue Growth: Over the 3 months period, Oracle showcased positive performance, achieving a revenue growth rate of 7.11% as of 29 February, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.
Net Margin: Oracle's net margin excels beyond industry benchmarks, reaching 18.08%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Oracle's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 50.61% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Oracle's ROA stands out, surpassing industry averages. With an impressive ROA of 1.77%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Oracle's debt-to-equity ratio surpasses industry norms, standing at 15.65. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

19 Analysts Have This To Say About Oracle

Oracle Corporation&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) disclosed that it plans to invest over $8 billion in the next 10 years to cater to Japan&#8217;s growing demand for&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/04/n38305743/oracle-to-invest-more-than-8-billion-in-cloud-computing-and-ai-in-japan" rel="noreferrer noopener">cloud computing and AI infrastructure</a>.&nbsp;
The investment will boost Oracle Cloud Infrastructure&#8217;s (OCI) footprint across Japan.&nbsp;
Oracle also plans to expand its operations significantly and support engineering teams with Japan-based personnel to help customers and partners address the digital sovereignty requirements in the country.
Toshimitsu Misawa, member of the board, corporate executive officer and president, Oracle Corporation Japan said, &#8220;We are dedicated to meeting our customers and partners where they are in their cloud journey. By growing our cloud footprint and providing a team to support sovereign operations in Japan, we are giving our customers and partners the opportunity to innovate with AI and other cloud services while supporting their regulatory and sovereignty requirements.&#8221;
This month,&nbsp;Oracle and Palantir Technologies Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) formed a partnership to provide secure cloud and AI solutions,&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/equities/24/04/38091895/whats-going-on-with-palantir-oracle-shares-after-they-inked-partnership" rel="noreferrer noopener">aiming for global impact</a>.
Investors can gain exposure to the stock via&nbsp;Themes Cloud Computing ETF&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLOD#NASDAQ">CLOD</a>) and&nbsp;IShares Expanded Tech-Software Sector ETF&nbsp;(BATS:<a class="ticker" href="https://www.benzinga.com/stock/IGV#BATS">IGV</a>).
Also Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/equities/24/03/37691418/oracle-expands-partnership-with-microsoft-oracle-database-azure-set-to-sizzle-in-15-regions-worl" rel="noreferrer noopener">Oracle Expands Partnership With Microsoft &#8211; Oracle Database@Azure Set To Sizzle In 15 Regions Worldwide</a>
Price Action: ORCL shares are up 0.51% at $119.27 premarket on the last check Thursday.
Photo: Michael Vi/Shutterstock

Large Cap

Oracle Bets Big On Japan's Cloud Boom With $8B Investment

Planned investment will grow Oracle Cloud Infrastructure&#39;s footprint in&nbsp;Japan
Expanded local support and operations team will help customers and partners address digital sovereignty requirements

Reported Earlier, Oracle Announced Plans To Invest More Than $8B In Cloud Computing And AI In Japan

Deep-pocketed investors have adopted a bullish approach towards Oracle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ORCL usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 11 extraordinary options activities for Oracle. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 54% leaning bullish and 45% bearish. Among these notable options, 6 are puts, totaling $348,305, and 5 are calls, amounting to $308,974.
<h3>Predicted Price Range</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $110.0 to $130.0 for Oracle over the recent three months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Oracle's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Oracle's substantial trades, within a strike price spectrum from $110.0 to $130.0 over the preceding 30 days.
<h3>Oracle Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1713376881_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ORCL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$13.75</td>
<td>$13.7</td>
<td>$13.7</td>
<td>$120.00</td>
<td>$149.3K</td>
<td>1.9K</td>
<td style="text-align: right;">110</td>
</tr>
<tr>
<td>ORCL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$10.75</td>
<td>$10.65</td>
<td>$10.75</td>
<td>$120.00</td>
<td>$94.6K</td>
<td>1.7K</td>
<td style="text-align: right;">16</td>
</tr>
<tr>
<td>ORCL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$9.65</td>
<td>$8.9</td>
<td>$9.4</td>
<td>$130.00</td>
<td>$94.0K</td>
<td>1.2K</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>ORCL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$7.15</td>
<td>$7.1</td>
<td>$7.15</td>
<td>$120.00</td>
<td>$55.7K</td>
<td>5.9K</td>
<td style="text-align: right;">91</td>
</tr>
<tr>
<td>ORCL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$6.45</td>
<td>$6.35</td>
<td>$6.4</td>
<td>$115.00</td>
<td>$48.0K</td>
<td>2.4K</td>
<td style="text-align: right;">82</td>
</tr>
</tbody>
</table>

<h3>About Oracle</h3>
Oracle provides database technology and enterprise resource planning, or ERP, software to enterprises around the world. Founded in 1977, Oracle pioneered the first commercial SQL-based relational database management system. Today, Oracle has 430,000 customers in 175 countries, supported by its base of 136,000 employees.
In light of the recent options history for Oracle, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Oracle's Current Market Status</h3>
<ul>
<li>With a trading volume of 2,734,809, the price of ORCL is down by -0.95%, reaching $119.48.</li>
<li>Current RSI values indicate that the stock is may be oversold.</li>
<li>Next earnings report is scheduled for 54 days from now.</li>
</ul>
<h3>What The Experts Say On Oracle</h3>
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $150.0.
<ul>
<li>Reflecting concerns, an analyst from Keybanc lowers its rating to Overweight with a new price target of $150.</li>
</ul>
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Oracle with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Market Whales and Their Recent Bets on ORCL Options

Oracle's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) short percent of float has fallen 22.86% since its last report. The company recently reported that it has 12.96 million shares sold short, which is 0.81% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.38 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Oracle Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1713288614_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Oracle has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Oracle's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Oracle's peer group average for short interest as a percentage of float is 4.47%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Peering Into Oracle's Recent Short Interest

Wedbush Securities analyst Daniel Ives predicts a seismic shift in IT spending towards AI and related technologies. He estimates that such purchases will account for 8%-10% of IT budgets in 2024, a big jump from less than <a href="https://www.benzinga.com/topic/artificial-intelligence">1% in 2023</a>. 
<h2 class="wp-block-heading">Significant growth Trajectory Ahead</h2>
Major players in the tech sector, including Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Salesforce Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>), Palantir Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>), MongoDB Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>), Oracle Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>), Snowflake Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>), Elastic NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESTC#NYSE">ESTC</a>), stand to experience a significant growth trajectory fueled by this surge in investment, the analyst says.
Ives identifies this phenomenon as the &#8220;initial wave of AI software growth,&#8221; heralding a transformative period for the industry. Pioneers like Jensen Huang of Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Microsoft&#8217;s Satya Nadella spearheaded the first wave of the AI Revolution. Now, the ripple effects cascade across the tech landscape, offering substantial opportunities for companies positioned to capitalize on this burgeoning market.
Also Read: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38211388/nvidia-stock-trading-at-13-discount-to-long-term-average-other-ai-stocks-at-52-prem">Nvidia Stock Trades At 13% Discount To Long-Term Average, Other AI Stocks At 52% Premium</a>
<h2 class="wp-block-heading">Analyst Ratings &amp; Price Targets</h2>
Among the beneficiaries highlighted by Ives, Microsoft stands out as a prime candidate for substantial growth. Ives has an Outperform rating and a price target of $500 on Microsoft stock. Similarly, MongoDB, with its innovative database platform, earns an Outperform rating and a price target of $475. 
However, not all companies possess equal readiness to ride this wave. Snowflake, while maintaining a Neutral rating, holds a price target of $210 from Wedbush. The rating suggests a more cautious outlook on its potential to capitalize on the AI-driven market expansion.
As businesses increasingly recognize the transformative potential of AI technologies, experts anticipate a soaring demand for advanced software solutions. Companies like Palantir, Oracle, and Elastic, each rated Outperform by Wedbush Securities, position themselves to thrive in this evolving landscape. 
The forecasted surge in AI software spending represents a monumental growth catalyst for the tech sector. It could propel companies across the board towards unprecedented opportunities for innovation and expansion.
Read Next: <a href="https://www.benzinga.com/news/24/04/38239037/googles-sundar-pichai-grapples-with-ai-mishaps-nvidia-caitlin-clark-of-stock-market-and-more-this-we">Google&#8217;s Sundar Pichai Grapples With AI Mishaps, Nvidia &#8216;Caitlin Clark&#8217; Of Stock Market And More: This Week In AI</a>
Photo: Shutterstock

Long Ideas

ESTC

'Initial Wave Of AI Software Growth' To Spur Microsoft, Salesforce, Palantir, MongoDB, Oracle, Snowflake, And Elastic, Says Analyst

In his annual letter to shareholders, Jeff Bezos&#8217; successor and Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) CEO Andy Jassy highlighted the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/02/37386963/ai-revolution-confirmed-wedbushs-dan-ives-points-to-latest-sign-from-mid-cap-tech-c">potential of artificial intelligence</a> (AI) to revolutionize the tech industry.
What Happened: Jassy&#8217;s letter, released on Thursday, emphasized the significance of AI in the future of technology.
He suggested that generative AI could be the most significant technological shift since the cloud. "Generative AI may be the largest technology transformation since the cloud (which itself, is still in the early stages), and perhaps since the Internet."
"The amount of societal and business benefit from the solutions that will be possible will astound us all."
He outlined Amazon&#8217;s three-layered approach to AI: building foundational models, leveraging existing ones, and using pre-built gen AI applications based on their needs and expertise.
See Also: <a href="https://www.benzinga.com/news/24/04/38133688/sundar-pichais-google-grapples-with-ai-mishaps-amid-worker-criticism-yet-holds-title-of-americas-mos?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Sundar Pichai&#8217;s Google Grapples With AI Mishaps Amid Worker Criticism, Yet Holds Title Of America&#8217;s Most</a>
Jassy also highlighted the importance of security in AI, noting that customers&#8217; AI models contain sensitive data. He also provided an update on <a href="https://www.benzinga.com/markets/equities/23/11/35845760/amazons-space-ambition-skyrockets-with-project-kuiper-nailing-protoflight-mission-gears-up-for-2">Amazon&#8217;s Project Kuiper</a>, a $10 billion initiative to launch internet satellites.
Jassy says generative AI will help in delivering the next major customer breakthrough.
"A question people never ask, and might be even more interesting is&nbsp;what's the next set of primitives&nbsp;you're building that enables breakthrough customer experiences? If you asked me today, I'd lead with Generative AI."
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It Matters: Jassy&#8217;s letter underscores the growing influence of AI in the tech industry.
Other major players, such as Oracle Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) and Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), have also been <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/03/37621040/oracles-expectations-of-persistent-hypergrowth-in-ai-and-nvidia-deal-tease-has-this">making significant strides in AI</a>, with Deepwater Asset Management's Gene Munster predicting a <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/03/37476887/gene-munster-predicts-apple-ai-33b-a-year-opportunity-draws-comparisons-to-this-sto">$33 billion a year opportunity</a> for Apple in the AI sector.
Amazon&#8217;s focus on AI aligns with the broader industry trend, indicating the increasing importance of AI in shaping the future of technology.
Check out more of Benzinga&#8217;s Future Of Consumer Tech by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38203000/seeds-for-apples-turnaround-in-china-are-being-planted-says-wedbushs-dan-ives-some-">&#8216;Seeds&#8217; For Apple&#8217;s Turnaround In China Are &#8216;Being Planted,&#8217; Says Wedbush&#8217;s Dan Ives: &#8216;Some Patience Is Required To Navigate This Weakness&#8217;</a>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Photo courtesy: Wikimedia

AAPL

Jeff Bezos' Successor Andy Jassy Touts Generative AI As Tech's Next Big Revolution In Amazon's Shareholder Letter

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
I have been down on Palantir stock (NASDAQ:<a href="https://investorplace.com/stock-quotes/pltr-stock-quote/">PLTR</a>) <a href="https://investorplace.com/2024/01/pltr-stock-forecast-why-palantirs-future-may-not-be-so-bright/">for some time. </a>



It is, at its heart, a government contractor. <a href="https://investorplace.com/2023/12/palantirs-ai-surge-is-pltr-stock-really-worth-the-hype/">Calling it an AI stock </a>doesn&rsquo;t change that.



Military contracting is a profitable but slow-growth business. Palantir brought almost 10% of last year&rsquo;s $2.25 billion in revenue to the bottom line.



The question is always whether it can do better, or grow faster, given the constraints of its business model. Like a political consulting firm, it can only play on one side of the street.



I&rsquo;m glad it&rsquo;s our side.



<h2>Palantir&rsquo;s Commercial Arm</h2>



The bull case for Palantir stock has always been built on its <a href="https://investorplace.com/2023/04/pltr-stock-alert-palantir-and-microsoft-expand-strategic-partnership/">commercial contracts</a>.



Palantir has been doing well in hospitals, planning and <a href="https://www.cnbc.com/2023/06/17/palantir-hospital-operations-platform-accounts-for-10percent-of-revenue.html">scheduling people and equipment.</a>



It makes sense. Hospitals need data security. Palantir&rsquo;s software can anticipate demand and plan accordingly, faster than people can. It&rsquo;s not just replacing whiteboards and spreadsheets. It is very much <a href="https://danafblankenhorn.substack.com/p/ai-in-the-machine-internet">a Machine Internet </a>application. 



Now Palantir is exploring a new niche, ad agencies. The idea is that it can use inventory and demand data to optimize ad campaigns, <a href="https://www.marketingbrew.com/stories/2024/04/18/palantir-is-pitching-ad-agencies-on-its-ai-technology">buying ads and adjusting prices</a> to maximize clients&rsquo; return. It&rsquo;s bringing tools first written for logistics into sales and marketing. It&rsquo;s getting a hearing.



This may be why the asset manager for Norway&rsquo;s biggest bank recently cut his positions in Apple (NASDAQ:<a href="https://investorplace.com/stock-quotes/aapl-stock-quote/">AAPL</a>), Tesla (NASDAQ:<a href="https://investorplace.com/stock-quotes/tsla-stock-quote/">TSLA</a>) and Microsoft (NASDAQ:<a href="https://investorplace.com/stock-quotes/msft-stock-quote/">MSFT</a>) to <a href="https://www.barrons.com/articles/palantir-stock-apple-tesla-microsoft-1ab0e0ba">buy more Palantir. </a> Bruce Kamich of TheStreet recently hiked his price target to <a href="https://finance.yahoo.com/news/analyst-unveils-eye-popping-palantir-233200437.html">$48 per share.</a> This helped the stock stay hot during the first quarter, rising by over one-third.



But since April began, it&rsquo;s down 19%.



<h2>The Bear Claw</h2>



AI is one of those Internet buzzwords that make you swoon.



But isn&rsquo;t Palantir <a href="https://investorplace.com/market360/2024/04/palantir-stocks-48-price-target-can-this-defense-tech-giant-soar-even-higher/">getting a little ahead of itself,</a> our Louis Navillier asks? Growth isn&rsquo;t accelerating, <a href="https://finance.yahoo.com/quote/PLTR/analysis">nor is it expected to. </a>It will certainly be profitable this year, and <a href="https://www.fool.com/investing/2024/04/14/should-you-buy-palantir-stock-before-the-next-sp-5/">could be added to the S&amp;P 500 at any time</a>, forcing index funds to buy it.



But even if Palantir hits its top earnings estimate of 41 cents per share, you&rsquo;re paying 49 times that to own it. That&rsquo;s based on April 19&rsquo;s closing price of $20.31.



The <a href="https://www.investors.com/news/technology/palantir-stock-downgraded-to-sell-amid-unprecedented-generative-ai-hype-cycle/">nosebleed valuation</a> has some analysts downgrading the stock. Hype cycles, and AI is a hype cycle, are fragile things. Technologies always disappoint before they show their value.



<h2>Palantir&rsquo;s Key Ally</h2>



While Palantir drew early interest by working with Cloud Czars like Microsoft, its alliance with Oracle (NASDAQ:<a href="https://investorplace.com/stock-quotes/orcl-stock-quote/">ORCL</a>) <a href="https://www.prnewswire.com/news-releases/oracle-and-palantir-join-forces-to-deliver-mission-critical-ai-solutions-to-governments-and-businesses-302108086.html">may be more important. </a>



The two companies are <a href="https://www.fool.com/investing/2024/04/12/why-palantir-deal-oracle-ai-stock-boost/">sympatico on a deep level.</a> Oracle was late to the cloud because it remains highly proprietary. Palantir is also highly proprietary.



But getting in late beats not getting in at all. Over the last 2 years Oracle stock is up 50% on the strength of its cloud. Its market cap is up to $315 billion. The deal also puts a floor under Palantir stock. If it falls, Oracle could buy it.



<h2>The Bottom Line</h2>



The wars in Ukraine and Gaza are very, very good news for Palantir. So is the rise of China. It&rsquo;s prepared to exploit that through former Congressman Mike Gallagher, <a href="https://www.forbes.com/sites/davidjeans/2024/03/22/china-hawk-rep-mike-gallagher-is-taking-a-job-at-palantir/?sh=2b040fa75148">one of its new hires.</a>



War is unhealthy for economies and other living things. It&rsquo;s also very good for military contractors, especially those on the cutting edge like Palantir.



But getting Palantir stock to $48/share, or even $30, depends a lot more on its commercial arm than its military wing.



I wouldn&rsquo;t rush to buy Palantir here. The recent wobble in AI <a href="https://investorplace.com/industries/technology/semiconductor/">semiconductor stocks</a> like Nvidia (NASDAQ:<a href="https://investorplace.com/stock-quotes/nvda-stock-quote/">NVDA</a>) may spread. But keep it in mind the next time animal spirits are feeding your view of the market. The long-term view of the business is positive.



As of this writing, Dana Blankenhorn had a LONG position in AAPL, MSFT, and NVDA. The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.



<a href="http://www.danablankenhorn.com/">Dana Blankenhorn</a> has been a financial and technology journalist since 1978. He is the author of <a href="https://www.amazon.com/Technologys-Big-Bang-Yesterday-Tomorrow-ebook/dp/B0829C7XSF">Technology&rsquo;s Big Bang: Yesterday, Today and Tomorrow with Moore&rsquo;s Law</a>, available at the Amazon Kindle store. Write him at <a href="https://d.docs.live.net/3ee366d2beb18dea/Documents/InvestorPlace/danablankenhorn@gmail.com">danablankenhorn@gmail.com</a>, tweet him at <a href="http://www.twitter.com/danablankenhorn">@danablankenhorn</a>, or subscribe to his <a href="https://danafblankenhorn.substack.com/">free Substack newsletter</a>.
<div><a href="http://www.danablankenhorn.com/">Dana Blankenhorn</a> has been a financial and technology journalist since 1978. He is the author of <a href="https://www.amazon.com/Technologys-Big-Bang-Yesterday-Tomorrow-ebook/dp/B0829C7XSF">Technology&rsquo;s Big Bang: Yesterday, Today and Tomorrow with Moore&rsquo;s Law</a>, available at the Amazon Kindle store. Tweet him at <a href="http://www.twitter.com/danablankenhorn">@danablankenhorn</a>, connect with him on <a href="https://journa.host/@DanaBlankenhorn"> Mastodon</a> or subscribe to his <a href="https://danafblankenhorn.substack.com/">Substack</a>.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/2024/04/palantir-stock-at-a-crossroads-analyzing-the-risks-and-rewards-for-investors/">Palantir Stock at a Crossroads: Analyzing the Risks and Rewards for Investors</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Palantir Stock at a Crossroads: Analyzing the Risks and Rewards for Investors

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
The artificial intelligence (AI) hype is fueling the market to new highs. As per a&nbsp;<a href="https://www.pwc.com/gx/en/issues/data-and-analytics/publications/artificial-intelligence-study.html" target="_blank">report from PwC</a>, AI could contribute $15.7 trillion to the global economy by 2030.&nbsp;And&nbsp;the&nbsp;greatest&nbsp;economic gains will be in China and North America. Nasdaq and S&amp;P 500 hit new highs driven by the soaring &ldquo;Magnificent Seven&rdquo;.&nbsp;If&nbsp;you are not investing in the multibagger <a href="https://investorplace.com/industries/technology/artificial-intelligence/">AI stocks</a>, you are missing out on&nbsp;big&nbsp;gains.&nbsp;



These companies continue to dominate the market and remain the best in the industry. However, other AI companies are overlooked&nbsp;right&nbsp;now and could become multi-baggers in the long term. If you missed the chance to own one of the Magnificent Seven, you can still buy AI stocks&nbsp;that&nbsp;are&nbsp;set&nbsp;to grow. 



Let&rsquo;s&nbsp;take a&nbsp;look at three AI stocks that are multi-baggers in the making. These companies have made&nbsp;big&nbsp;moves in 2023 and could be on a roll this year.&nbsp;



<h2>Palantir Technologies (PLTR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/03/pltr_palantir_1600-300x169.png" alt="Palantir (PLTR) logo on data network background, imaginary location in the future. Must-Buy Stocks on Major Deals"><div>Source: Spyro the Dragon / Shutterstock.com</div></div>An emerging leader in the&nbsp;big&nbsp;data space,&nbsp;Palantir Technologies&nbsp;(NYSE:<a href="https://investorplace.com/stock-quotes/pltr-stock-quote/">PLTR</a>)&nbsp;sold its products to the government for many years.&nbsp;However, after it announced the AI platform (<a href="https://investorplace.com/stock-quotes/aip-stock-quote/">AIP</a>), changes began for the company.&nbsp;



To promote the platform, the tech company offered boot camps&nbsp;which&nbsp;helped convert the leads into clients. Palantir&nbsp;Technologies managed to close <a href="https://www.reuters.com/technology/palantir-forecasts-strong-2024-profit-robust-ai-demand-2024-02-05/">103 deals</a> worth at least $1 million in the fourth quarter. Also, the management mentioned&nbsp;that there was&nbsp;a backlog of bootcamps. These may continue to drive revenue growth.&nbsp;



The success of its AI platform has helped PLTR stock soar 158% in the year and 26% year-to-date (YTD).&nbsp;Trading at $22 today, the stock has pulled back lately. 



The company is integrating AI across its products and services.&nbsp;Also,&nbsp;the surge in commercial clients&nbsp;is further proof of&nbsp;the platform&rsquo;s success. Palantir&nbsp;Technologies saw a <a href="https://investors.palantir.com/news-details/2024/Palantir-Reports-Its-Fifth-Consecutive-Quarter-of-GAAP-Profitability-Fourth-Quarter-GAAP-EPS-of-0.04/">70% surge in U.S. commercial revenue</a> in Q4, leading to a 19% stock surge.&nbsp;



For the first quarter, management&nbsp;is aiming&nbsp;for revenue in the range of $612 &ndash; $616 million, up from $608 million in Q4. Palantir&nbsp;Technologies&nbsp;is set&nbsp;to <a href="https://investors.palantir.com/news-details/2024/Palantir-Reports-Its-Fifth-Consecutive-Quarter-of-GAAP-Profitability-Fourth-Quarter-GAAP-EPS-of-0.04/">report results on May 6</a>.&nbsp;



Generating&nbsp;significant&nbsp;revenue from government contracts, a Palantir&nbsp;Technologies investment can be a safe way to dip your toes into AI.&nbsp;Thus, it&rsquo;s one stock that can <a href="https://investorplace.com/2024/04/3-stocks-to-buy-to-double-your-money-april-2024-edition/">double your money</a> by 2025.&nbsp;



<h2>Advanced Micro Devices (AMD)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/12/amd1600-1-300x169.png" alt="Advanced Micro Devices, Inc. (AMD) logo in the building at CNE in Toronto. AMD is an American semiconductor company."><div>Source: JHVEPhoto / Shutterstock.com</div></div>The biggest competitor of Nvidia (NASDAQ:<a href="https://investorplace.com/stock-quotes/nvda-stock-quote/">NVDA</a>), Advanced Micro Devices&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/amd-stock-quote/">AMD</a>)&nbsp;is leaving no stone unturned to grow its market share. After launching MI300X, the company recently&nbsp;<a href="https://www.cnbc.com/2024/04/16/amd-launches-new-chips-for-ai-pcs-amid-fierce-fight-with-nvidia-intel.html#:~:text=Referring%20to%20them%20as%20the,the%20advanced%204-nanometer%20technology." target="_blank">unveiled new chips&nbsp;</a>to beat the competition.&nbsp;



Calling them the most powerful chips for business PCs, the company said&nbsp;that its&nbsp;Ryzen Pro 8040 processors and Ryzen Pro 8000 processors&nbsp;are built&nbsp;with the latest nanometer technology. 



Also, AI-enabled PCs can help improve the market for desktops and laptops. Further, the company has&nbsp;strong&nbsp;financials and <a href="https://ir.amd.com/news-events/press-releases/detail/1180/amd-reports-fourth-quarter-and-full-year-2023-financial">reported a revenue of $6.17 billion</a> in Q4&nbsp;with an EPS of 77 cents.&nbsp;For this year, it is aiming&nbsp;for <a href="https://www.tomshardware.com/pc-components/cpus/amds-announces-it-has-orders-for-dollar35-billion-of-its-ai-gpus-but-the-stock-tumbled-in-after-hours-trading">AI chip sales of $3.5 billion</a>.&nbsp;



Already, AMD has won the confidence of some of the biggest companies. Specifically,&nbsp;Microsoft&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/msft-stock-quote/">MSFT</a>) and Meta Platforms&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/meta-stock-quote/">META</a>)&nbsp;have shown interest in using the MI300X accelerator microchips. Several companies lack time and resources to wait for Nvidia&rsquo;s chips. So, they consider its biggest competitor, AMD.&nbsp;



Trading at $152 today, AMD is up 69% in the year and 7% YTD. With increasing AI demand, the company could see higher revenue growth. <a href="https://www.tipranks.com/news/amd-stock-could-rebound-to-200-says-top-analyst-matt-ramsay#" target="_blank">TD Cowen analyst</a>&nbsp;has a price target of $200 over the next 12 months with a buy rating. 



<h2>Oracle (ORCL)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/08/orcl-stock-2-300x169.jpg" alt="A photo of an Oracle (ORCL stock) sign outside a building."><div>Source: Jer123 / Shutterstock.com</div></div>An overlooked AI stock, Oracle&nbsp;(NYSE:<a href="https://investorplace.com/stock-quotes/orcl-stock-quote/">ORCL</a>)&nbsp;has&nbsp;a rich history as legacy software developer.&nbsp;The company is making the most of the AI revolution. Expanding capacity at the current data centers, it stands ready for tremendous growth over the next five years. The company will&nbsp;<a href="https://www.reuters.com/technology/oracle-invest-over-8-bln-japan-cloud-computing-ai-2024-04-18/" target="_blank">invest $8 billion</a>&nbsp;through 2034 in Japan for AI infrastructure and cloud services.



Additionally, Oracle has global expansion plans, striking a partnership with Microsoft to build&nbsp;<a href="https://blogs.oracle.com/cloud-infrastructure/post/oracle-microsoft-deliver-oracle-database-at-azure" target="_blank">100 new data centers</a>. This will help meet the rising demand for Microsoft&rsquo;s Azure. The union extends across multiple countries. Also, Oracle has&nbsp;entered into a&nbsp;<a href="https://www.oracle.com/at/news/announcement/oracle-and-palantir-join-forces-to-deliver-mission-critical-ai-solutions-to-governments-and-businesses-2024-04-04/" target="_blank">partnership&nbsp;with Palantir</a>&nbsp;to provide cloud infrastructure and AI solutions to companies.&nbsp;



And, another&nbsp;interesting&nbsp;<a href="https://www.oracle.com/in/news/announcement/nvidia-chooses-oracle-cloud-infrastructure-for-ai-services-2023-03-21/" target="_blank">partnership with&nbsp;Nvidia</a>&nbsp;allows both companies to join forces to run Nvidia&rsquo;s applications on Oracle cloud infrastructure. These partnerships show Oracle&rsquo;s potential and&nbsp;ability to offer solutions that meet changing industry demand.&nbsp;



Oracle <a href="https://investor.oracle.com/investor-news/news-details/2024/Oracle-Announces-Fiscal-2024-Third-Quarter-Financial-Results/default.aspx#:~:text=Q3%20GAAP%20earnings%20per%20share%20was%20%240.85%20while%20non-GAAP,cash%20flow%20was%20%2412.3%20billion.">reported impressive growth</a> in Q3 results&nbsp;with a revenue of $13.3 billion, up 7% year-over-year (YOY), and an operating income of $3.8 billion.&nbsp;Its backlog was up 29% and stood at $80 billion, a record high.&nbsp;



Therefore, I&rsquo;m optimistic that the company will beat expectations in the upcoming results.&nbsp;Trading at $115, ORCL stock looks undervalued to me and could become a multi-bagger in the next five years.&nbsp;



On the date of publication, Vandita Jadeja did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines.</a>
<div>Vandita Jadeja is a CPA and a freelance financial copywriter who loves to read and write about stocks. She believes in buying and holding for long term gains. Her knowledge of words and numbers helps her write clear stock analysis.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/04/3-ai-stocks-that-could-be-multibaggers-in-the-making-april-edition/">3 AI Stocks That Could Be Multibaggers in the Making: April Edition</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

3 AI Stocks That Could Be Multibaggers in the Making: April Edition

The elevated interest in generative artificial intelligence (AI) has driven an impressive rally in several tech stocks. Advances in generative AI a...

AMZN, NVDA, or PLTR: Which Tech Stock is the Most Attractive AI Pick?

Madison Sustainable Equity Fund Q1 2024 Investment Strategy Letter

Oracle plans to shift base to healthcare hub Nashville

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Oracle&nbsp;(NYSE:<a href="https://investorplace.com/stock-quotes/orcl-stock-quote/">ORCL</a>) is a cloud-computing software specialist that has embedded artificial intelligence functionalities into its products. While Oracle usually isn&rsquo;t top-of-mind on Wall Street, Oracle stock can be your top-secret portfolio pick for 2024. 



I&rsquo;m actually surprised that Oracle isn&rsquo;t usually mentioned in conversations about <a href="https://investorplace.com/industries/technology/artificial-intelligence/">AI stocks</a>. As we&rsquo;ll discover, Oracle even has a partnership with an AI and cybersecurity superstar. It&rsquo;s fine if the market currently under-appreciates Oracle, though, since it&rsquo;s just an opportunity to pick up shares before they fly higher.



<h2>Oracle Teams Up With a Market Darling</h2>



Let&rsquo;s face it. It seems as if everybody and his uncle likes Palantir Technologies (NYSE:<a href="https://investorplace.com/stock-quotes/pltr-stock-quote/">PLTR</a>) nowadays. After all, in an unstable world, governments and private businesses will demand Palantir&rsquo;s AI-enhanced data-analytics and cybersecurity products for a long time to come.



Thus, it&rsquo;s fair to say that Palantir is a darling of the market. Palantir isn&rsquo;t an 800-pound gorilla like Nvidia (NASDAQ:<a href="https://investorplace.com/stock-quotes/nvda-stock-quote/">NVDA</a>) is, but investors like Palantir&rsquo;s growth prospects.



So, it makes sense that Oracle stock jumped after investors learned that the company is <a href="https://www.barrons.com/articles/palantir-stock-oracle-ai-cloud-software-deal-4ff1c774">teaming up with</a> Palantir Technologies. Specifically, Palantir&rsquo;s enterprise-software products&nbsp;will be available through Oracle&rsquo;s cloud-computing platform.



That announcement came in early April; by the 19th day of that month, the Oracle share price fell back and coughed up all the gains. It seems as if the market doesn&rsquo;t fully appreciate the significance of the Oracle-Palantir team-up. It&rsquo;s bound to bring a great deal of attention and exposure to Oracle&rsquo;s cloud platform.



If some people don&rsquo;t understand or don&rsquo;t care about this landmark partnership, their loss can be your gain. That&rsquo;s what contrarian and value investing is all about: seeing opportunities that other stock traders are overlooking.



<h2>Oracle&rsquo;s Massive Investment in Japan</h2>



Sometimes, a company has to invest big money now in order to make bigger money later. Such is the case with Oracle, which recently disclosed its plans to <a href="https://finance.yahoo.com/news/oracle-invest-more-8-billion-010000228.html">invest more than $8 billion</a> over the next decade in cloud-computing and AI technology in Japan.



This isn&rsquo;t Oracle&rsquo;s only recent AI-focused announcement, by the way. The company is also using AI to help banks <a href="https://finance.yahoo.com/news/oracle-ai-powered-cloud-helps-120000666.html">combat money laundering</a>, and is teaming up with AI research and product startup Reka to <a href="https://finance.yahoo.com/news/oracle-reka-collaborate-advance-ai-120000227.html">develop generative-AI models</a>.



Those are significant news items, but Oracle&rsquo;s AI investment in Japan could be game changing. Sure, $8 billion is a hefty investment, but it will enable Oracle to &ldquo;grow&nbsp;Oracle Cloud Infrastructure&rsquo;s footprint across&nbsp;Japan.&rdquo;&nbsp; 



Ultimately, Oracle envisions &ldquo;governments and businesses across&nbsp;Japan&rdquo; moving their &ldquo;mission-critical workloads to the Oracle Cloud&rdquo; and deploying the company&rsquo;s AI-enhanced solutions. This could be a highly lucrative long-term venture, as Japan is the <a href="https://www.wsj.com/tech/oracle-to-invest-8-billion-in-cloud-services-in-japan-3a0d98cc">fourth-largest economy</a> in the world. 



<h2>Oracle Stock: Put AI and Cloud Power in Your Portfolio</h2>



Nvidia stock and Palantir stock are obvious AI picks. However, sometimes the best opportunities aren&rsquo;t the most obvious ones. That&rsquo;s why savvy investors should conduct their due diligence on Oracle, which is often left out of the conversation. 



Notably, Oracle is immersed in the cloud-computing and AI fields. Furthermore, the company has a deal with Palantir Technologies and is preparing to expand its market footprint in Japan. 



With all of that in mind, today is the right day to pick up some Oracle stock shares for a long-term buy-and-hold position.



On the date of publication, David Moadel&nbsp;did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
<div>David Moadel has provided compelling content &ndash; and crossed the occasional line &ndash; on behalf of Motley Fool, Crush the Street, Market Realist, TalkMarkets, TipRanks, Benzinga, and (of course) InvestorPlace.com. He also serves as the chief analyst and market researcher for Portfolio Wealth Global and hosts the popular financial YouTube channel Looking at the Markets.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/2024/04/the-overlooked-ai-powerhouse-why-oracle-stock-is-your-undervalued-tech-pick/">The Overlooked AI Powerhouse: Why Oracle Stock Is Your Undervalued Tech Pick</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

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<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Market volatility is a constant reality for investors, and 2024 could bring its fair share of dips. These dips present opportunities for investors to buy high-quality companies at a discount.&nbsp;



Finding the best <a href="https://investorplace.com/stock-types/blue-chip-stocks/">blue-chip stocks</a> to scoop up at an attractive price point is a worthy endeavor. Known for their stability and established track records, blue-chip stocks are particularly compelling during periods of high inflation. Additionally, the future is never certain, and these industry giants often have strong balance sheets and steady cash flows. That gives them the upper hand to weather economic storms effectively.



Now, let&rsquo;s discuss the top blue-chip stocks to scoop up on the dip in Q2 2024!



<h2>Oracle (ORCL)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/08/orcl-stock-2-300x169.jpg" alt="A photo of an Oracle (ORCL stock) sign outside a building."><div>Source: Jer123 / Shutterstock.com</div></div>Oracle (NYSE:<a href="https://investorplace.com/stock-quotes/orcl-stock-quote/">ORCL</a>) is a multinational behemoth in enterprise software solutions. The company has seen phenomenal growth over the last decade, and the rise of artificial intelligence increases its long-term value proposition.



When it comes to enterprise software and cloud computing, Oracle remains one of the top technology giants in this space. However, it is not a secret that they trail other leading cloud providers like Amazon (NASDAQ:<a href="https://investorplace.com/stock-quotes/amzn-stock-quote/">AMZN</a>) and Microsoft (NASDAQ:<a href="https://investorplace.com/stock-quotes/msft-stock-quote/">MSFT</a>). But that might just begin to change as Oracle ramps up its Gen2 cloud infrastructure to meet the increasing demands of AI workloads. Co-founder and CTO Larry Ellison believes generative AI might be the most important computer technology ever. That is why the company is rapidly expanding its data center footprint over the next decade. Moreover, its cloud business is at a <a href="https://finance.yahoo.com/news/oracle-announces-fiscal-2024-second-210500548.html">$20 billion run</a> rate in 2024, signaling the unprecedented demand for AI solutions. As its cloud business continues to expand, Oracle is one of the best blue-chip stocks to scoop up on the dip in 2024.



<h2>UnitedHealth Group (UNH)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/unh1600-300x169.jpg" alt="The UnitedHealth (UNH) headquarters in Minnetonka, Minnesota."><div>Source: Ken Wolter / Shutterstock.com</div></div>UnitedHealth Group (NYSE:<a href="https://investorplace.com/stock-quotes/unh-stock-quote/">UNH</a>), known for its dominance in the healthcare industry has consistently demonstrated strong growth and profitability. The need for quality healthcare in an aging population presents a favorable long-term backdrop for UnitedHealth Group.



The company&rsquo;s Optum segment, which offers pharmacy benefit management, data analytics and healthcare delivery services, has been a key growth driver. Its technology-driven solutions have allowed them to streamline operations and reduce costs, making the company an attractive partner for healthcare providers. Moreover, its vertical integration has allowed UNH to weather economic uncertainties. There are few businesses in the United States with the sheer size, scale and resilience of UnitedHealth Group. In <a href="https://www.unitedhealthgroup.com/content/dam/UHG/PDF/investors/2023/UNH-Q4-2023-Release.pdf">FY23,</a> revenue increased 15% YOY to $371.6 billion. EPS hit a record $25.12 per share, and FCF swelled to $25.6 billion. With projected adjusted net earnings between $27.50 to $28.00 per share, UnitedHealth Group is well-positioned to continue driving profitable growth.



<h2>Caterpillar (CAT)</h2>



<a href="https://investorplace.com/wp-content/uploads/2023/08/caterpillar_logo.svg.png"><img width="300" height="54" src="https://investorplace.com/wp-content/uploads/2023/08/caterpillar_logo.svg-300x54.png" alt="An image of the Caterpillar tractor brand logo."></a>Caterpillar (NYSE:<a href="https://investorplace.com/stock-quotes/cat-stock-quote/">CAT</a>) is a global leader in the manufacturing and distribution of construction and mining equipment, engines and turbines. While the company is closely tied to the economy, it has remained a safe haven company for investors like Bill Gates.&nbsp;



An expected rebound in global economic activity post-pandemic coupled with a boost in infrastructure spending bodes well for Caterpillar. As the largest construction equipment manufacturer in the world, the company has a robust track record of revenue, EPS and dividend growth. In the 2023 fiscal year, Caterpillar delivered record FCF from operations as demand for construction equipment remained at a healthy level. Additionally, full-year profit per share increased by 59% to $20.12 per share. Caterpillar also returned $7.5 billion to shareholders through share repurchases and dividends in 2023. Although inflation remains sticky, the prospect of lower interest rates in the back half of 2024 is great news for Caterpillar stock investors.



On the date of publication, Terel Miles did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines.</a>
<div>Terel Miles is a contributing writer at InvestorPlace.com, with more than seven years of experience investing in the financial markets.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/04/the-blue-chip-dip-3-safe-stocks-to-scoop-up-before-they-recover/">The Blue-Chip Dip: 3 Safe Stocks to Scoop Up Before They Recover</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.