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Oracle (ORCL) is set to report earnings after the bell. Dan Morgan breaks down the key metrics to watch, including cloud growth, which is expected to drive long-term growth for the company. Morgan believes Oracle's cloud business is finally gaining traction, with 23 new data centers in the pipeline, and its second-generation cloud is competitive with Amazon Web Services (AWS) and Microsoft (MSFT) Azure, thanks to its 30% lower costs. Guidance will be crucial in justifying further share price appreciation, which has already surged over 40% YTD.
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By Schwab Network4.6
3737 ratings
Oracle (ORCL) is set to report earnings after the bell. Dan Morgan breaks down the key metrics to watch, including cloud growth, which is expected to drive long-term growth for the company. Morgan believes Oracle's cloud business is finally gaining traction, with 23 new data centers in the pipeline, and its second-generation cloud is competitive with Amazon Web Services (AWS) and Microsoft (MSFT) Azure, thanks to its 30% lower costs. Guidance will be crucial in justifying further share price appreciation, which has already surged over 40% YTD.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about

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