Connect with us
DAPA Banner
DAPA Coin
DAPA
COIN PAYMENT ASSET
PRIVACY · BLOCKDAG · HOMOMORPHIC ENCRYPTION · RUST
ElGamal Encrypted MINE DAPA
🚫 GENESIS SOLD OUT
DAPAPAY COMING

Business

Oracle Stock Edges Higher as Cloud AI Demand Fuels Record Fiscal 2026 Despite Heavy Capex

Published

on

One of Silicon Valley's oldest tech firms, Oracle has announced it is moving its headquarters to Texas while founder Larry Ellison will work remotely from his Hawaiian island

Oracle Corp. shares traded modestly higher Thursday near $143 as investors digested the software giant’s strong fiscal 2026 results, marked by explosive growth in cloud infrastructure and artificial intelligence workloads even as capital spending soared to support expansion.

The database and enterprise software leader posted record full-year revenue of $67.4 billion, up 17% from the prior year, with cloud services driving much of the acceleration. Fiscal fourth-quarter revenue reached $19.18 billion, exceeding expectations, while cloud infrastructure revenue nearly doubled.

Oracle’s transformation into a major cloud and AI infrastructure provider has gained momentum, with significant contracts from leading technology companies seeking computing capacity for large-scale AI models. The company delivered over 1.2 gigawatts of data center capacity during the fiscal year, with delivery pace accelerating into fiscal 2027.

Chief executives have highlighted robust demand. In prepared remarks and filings, Oracle leadership pointed to a massive remaining performance obligation backlog, underscoring committed future revenue from AI-related deals.

Advertisement

The results come as Oracle navigates leadership transitions, with new co-CEOs overseeing day-to-day operations amid continued strategic direction from Chairman Larry Ellison. Heavy investments in data centers have pressured free cash flow in the short term but are viewed as essential for capturing market share in the competitive cloud sector.

Cloud and AI Momentum Accelerates

Oracle Cloud Infrastructure (OCI) posted standout growth, with revenue surging 93% in the fourth quarter to approximately $5.8 billion. Overall cloud revenue climbed 47% to nearly $10 billion in the period, reflecting broad adoption across enterprise customers.

Multicloud strategies, including partnerships with major hyperscalers, have expanded Oracle’s reach. The company has emphasized its ability to provide high-performance computing environments optimized for AI training and inference, differentiating through database integration and enterprise-grade security.

Fiscal 2026 marked a pivotal year as AI workloads drove demand for both infrastructure and applications. Oracle reported signing substantial contracts with prominent AI developers and technology firms, contributing to a remaining performance obligation approaching record levels.

Advertisement

Analysts have noted Oracle’s unique position at the intersection of traditional enterprise software and modern cloud infrastructure. Its database business, a long-time strength, benefits from AI-driven data management needs, with multicloud database revenue showing triple-digit growth in prior periods.

Capital expenditures totaled tens of billions for the year, reflecting aggressive data center buildout. While this has led to negative free cash flow in some metrics, management maintains that such spending positions the company for sustained high-teens revenue growth.

Oracle guided for continued strong performance, with expectations for fiscal 2027 revenue expansion in the mid- to high-teens percentage range, supported by backlog conversion and new customer wins.

Leadership and Strategic Direction

Following Safra Catz’s tenure as CEO, Oracle has implemented a co-CEO structure with executives Mike Sicilia and Clay Magouyrk taking operational leadership. Ellison remains actively involved as chairman and chief technology officer, providing strategic vision particularly around AI and cloud technologies.

Advertisement

The leadership evolution coincides with Oracle’s heaviest period of investment. Executives have stressed a commitment to chip neutrality, partnering with multiple vendors including Nvidia while optimizing for customer preferences.

Oracle’s applications business, including ERP, HCM and CX suites, posted steady growth with AI enhancements helping drive adoption. New AI agents for finance, HR and other functions aim to automate enterprise processes, expanding the total addressable market.

The company’s healthcare offerings, bolstered by Cerner, are expected to benefit from AI integrations in patient care and operational efficiency.

Market Position and Challenges

Oracle competes with Amazon Web Services, Microsoft Azure and Google Cloud in infrastructure, while maintaining leadership in enterprise applications. Its differentiated approach — combining cloud with proven database and middleware technologies — appeals to large organizations wary of full rip-and-replace migrations.

Advertisement

Heavy capex has drawn scrutiny, with some investors questioning the return timeline amid intense competition. Oracle has responded by highlighting high utilization rates in new capacity and strong renewal trends among GPU customers.

Stock performance has been volatile, with shares pulling back from highs earlier in 2026 despite fundamental progress. Analysts cite concerns over valuation and spending levels, though many maintain positive outlooks based on backlog visibility and AI tailwinds.

Oracle’s fiscal year ends in May, providing a full-year view of progress under accelerated cloud investments. The company plans to raise additional capital through equity and debt offerings to fund ongoing expansion without compromising financial flexibility.

Outlook and Industry Trends

Demand for AI infrastructure remains robust globally, with enterprises and technology providers racing to secure capacity. Oracle’s ability to deliver at scale while integrating with existing enterprise environments positions it favorably for multiyear contracts.

Advertisement

Broader technology spending trends, including digital transformation and data analytics, support Oracle’s core businesses. Potential economic slowdowns could temper growth, but AI investments have shown resilience.

Regulatory scrutiny of big tech and data centers, along with energy availability, represent external risks. Oracle has emphasized sustainable practices and efficiency in its infrastructure plans.

For the current quarter, Oracle is expected to report continued momentum when it releases fiscal first-quarter 2027 results in September. Guidance will be closely watched for updates on capex trajectory and cloud growth rates.

Oracle’s evolution from database pioneer to cloud and AI powerhouse demonstrates adaptability in a rapidly changing industry. While short-term financial metrics reflect investment costs, the strategic foundation appears solid amid strong secular demand.

Advertisement

Investors will continue balancing enthusiasm for AI growth against near-term cash flow pressures and competitive dynamics. Oracle’s track record of execution in enterprise technology suggests potential to translate backlog into sustained revenue acceleration.

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Business

Sam’s Club rotisserie chicken beats Costco, Consumer Reports says

Published

on

Sam's Club rotisserie chicken beats Costco, Consumer Reports says

Costco’s iconic $4.99 rotisserie chicken has earned a cult-like following among shoppers for years, but Consumer Reports says Sam’s Club now has the best bird in the warehouse club business.

After evaluating rotisserie chickens from 10 grocery chains, warehouse clubs and big-box retailers, Consumer Reports named Sam’s Club’s Member’s Mark Seasoned Rotisserie Chicken its top overall pick, edging out Costco’s Kirkland Signature bird.

Advertisement

According to Consumer Reports, tasters gave Sam’s Club the edge for its flavor, seasoning and juicy texture. Costco’s chicken also landed among the publication’s top picks, though reviewers found the seasoning to be less consistent between samples.

CUSTOMERS UPSET AFTER COSTCO MAKES CHANGE TO ROTISSERIE CHICKEN

Rotisserie chickens roasting on spits inside a commercial oven at a grocery store deli.

Rotisserie chickens cook inside a commercial roasting oven. Consumer Reports evaluated chickens from warehouse clubs, grocery stores and big-box retailers based on taste, nutrition and other factors. (Getty Images / Getty Images)

The results may come as a surprise to Costco shoppers, whose devotion to the retailer’s rotisserie chicken has helped make the $4.99 bird one of the company’s signature products.

Costco has held the price steady for years despite inflation, using the popular item as one of its best-known value offerings and a draw for shoppers. The retailer’s loyal customers have even voiced frustration over seemingly minor changes to the product, including 2024’s switch from plastic clamshell containers to bags.

Advertisement

Consumer Reports did not publish a traditional first-through-10th ranking. Instead, it grouped the chickens into those it considered flavorful enough to serve on their own and those better suited for recipes such as soups, salads and sandwiches.

COSTCO CEO SAYS 1 ITEM IS MORE IMPORTANT THAN EVERYTHING ELSE SOLD IN THE STORE

Rows of cooked rotisserie chickens in black plastic trays at a grocery store deli.

Rows of freshly cooked rotisserie chickens are displayed for sale at a grocery store. Consumer Reports recently ranked rotisserie chickens from 10 major retailers, naming Sam’s Club its top overall pick. (Getty Images / Getty Images)

Along with Sam’s Club and Costco, the top group included Stop & Shop, Walmart, Wegmans and Whole Foods Market. BJ’s Wholesale Club, Hannaford, ShopRite and The Fresh Market fell into the second category.

FOX Business has reached out to Costco and Sam’s Club for comment.

Advertisement

WHY COSTCO HOT DOGS HAVE KEPT $1.50 PRICE TAG SINCE 1985

costco-storefront

A Costco store in Vallejo, Calif., May 29, 2025. (David Paul Morris/Bloomberg / Getty Images)

The evaluation went beyond taste. Consumer Reports purchased between 10 and 13 chickens from each retailer across multiple store locations and shopping trips.

Researchers weighed each bird, compared sodium levels with nutrition labels, conducted blind taste tests and screened the meat and packaging for chemicals commonly associated with plastics.

CLICK HERE TO SIGN UP FOR OUR LIFESTYLE NEWSLETTER

Advertisement

Among its findings, Consumer Reports said it detected no PFAS in any of the meat or packaging it tested. It also found that many chickens weighed more than the net weight listed on their labels, with Whole Foods’ birds averaging about a pound heavier than advertised, effectively lowering their per-pound cost.

Continue Reading

Business

Jeff Bezos’ family office backed five AI startups in June

Published

on

Jeff Bezos' family office backed five AI startups in June

Jeff Bezos attends the Viva Technology show at Parc des Expositions on June 17, 2026 in Paris, France.

Chesnot | Getty Images Entertainment | Getty Images

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.

Advertisement

Thanks to Jeff Bezos, summer is off to a strong start for investment firms of the ultra-rich.

In June, the Amazon founder’s family office made five direct investments in startups, accounting for 10% of family office dealmaking, according to exclusive data provided by Fintrx, the private wealth intelligence platform. Bezos Expeditions is now the most active family office investor thus far this year with eight direct investments in private companies, per Fintrx data.

The 21-year-old family office participated in five megarounds for artificial intelligence startups last month, including a $12 billion Series B for Prometheus. The startup, now valued at about $41 billion, counts Bezos as a cofounder and co-CEO. Prometheus aims to create an “artificial engineer” that will speed up the design and manufacturing of physical products from jet engines to pharmaceuticals, Bezos told CNBC’s David Faber on June 11.

“What drives the wealth of nations? What drives civilizational wealth? … The answer is invention,” Bezos said on in an interview on “Squawk Box.” “Our goal at Prometheus, what we’re working on is building a set of tools that accelerate that invention loop. So, how long does it take to improve something? How long does it take to – from idea to actually manufacturing, seeing it rate and have a useful object?”

Advertisement

He added that Prometheus has had to raise so much capital — more than $18 billion to date — in order to build massive datasets, which requires a lot of compute power.

While Prometheus takes up most of Bezos’ time, his namesake investment firm added four new startups to its portfolio with nine-figure rounds: General Intuition, CuspAI, Generalist and Flourish.

Bezos Expeditions’ portfolio illustrates the breadth of approaches and aims for developing AI models. The family firm co-led the fundraises for CuspAI, which is building AI models for chemistry, and Flourish, a startup developing models inspired by the human brain. Another new investment, Generalist, is focused on enabling robots to handle increasingly complex tasks.

Hillspire, the family office of ex-Google CEO Eric Schmidt, also participated in General Intuition’s $320 million Series A. General Intuition is using millions of hours of video gameplay to train spatial AI models.

Advertisement

Bezos told CNBC earlier this spring that he is unconcerned about an AI bubble.

“Even if it does turn out to be a bubble, you shouldn’t worry about it because the bubble is driving investment and a lot of the investment is going to turn out to be very healthy,” Bezos said in an interview with Andrew Ross Sorkin on “Squawk Box” in May. “Investors at this moment haven’t learned yet how to discriminate between good ideas and bad ideas, and that’s OK, because the good ideas will pay for all of the losers.”

Get Inside Wealth directly to your inbox

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Continue Reading

Business

Keurig Dr Pepper Disappointed Me (Rating Downgrade)

Published

on

Wall Street Lunch: Dow Plunges 1,200 Points Before Dip-Buyers Pitch In

Keurig Dr Pepper Disappointed Me (Rating Downgrade)

Continue Reading

Business

Form 4 Lifeway Foods Inc For: 2 July

Published

on


Form 4 Lifeway Foods Inc For: 2 July

Continue Reading

Business

Cerus Corp chief legal officer Chrystal Jensen sells $71,597 in stock

Published

on


Cerus Corp chief legal officer Chrystal Jensen sells $71,597 in stock

Continue Reading

Business

Form 4 Big Digital Energy Inc For: 2 July

Published

on


Form 4 Big Digital Energy Inc For: 2 July

Continue Reading

Business

Lion Finance Group PLC (BDGSF) Analyst/Investor Day – Slideshow

Published

on

OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Lion Finance Group PLC (BDGSF) Analyst/Investor Day – Slideshow

Continue Reading

Business

Artificial intelligence: Yann LeCun works on more flexible AI

Published

on

Yann LeCun wears fashionable thick-rimmed glasses, a light blue shirt and navy jacket. He is using his hands to articulate a point while speaking at a conference.

“We don’t have robots that are nearly as good at understanding the physical world as a rat,” says Yann LeCun, one of the leading figures in the world of artificial intelligence.

He worked at Facebook-owner, Meta, for a decade, where he was chief AI scientist, but left in 2025 and founded Advanced Machine Intelligence Labs (AMI Labs).

His goal is to move AI beyond current systems like ChatGPT, Claude and Gemini. They have their uses, he says, but will never be able to tackle complicated situations in the real world, like getting a robot to do household chores.

“They’re not a path towards human level or human-like intelligence, or even animal-like intelligence, because they cannot deal with real world data, they just are not built for that,” he tells me on the sidelines of VivaTech, France’s leading technology conference.

Advertisement

So, Paris-based AMI Labs is busy developing a new type of artificial intelligence not based on the tech behind ChatGPT and its rivals.

Investors think it has potential. Earlier this year AMI Labs announced that it had raised more than $1bn (£760m), with investors including US computer chip giant Nvidia and the fund that manages the private wealth of Amazon-founder Jeff Bezos.

That so-called seed funding round – the earliest round of start-up fundraising – was one of the biggest of its kind in Europe.

Large Language Models (LLMs) like ChatGPT are extremely good at some things like coding, mathematical problems and generating text, LeCun says.

Advertisement

But he argues that these are well defined and predictable problems.

“They [LLMs] basically just accumulate knowledge… They can regurgitate something, you train them to regurgitate, but they’re not particularly smart. They don’t have an underlying understanding,” he says.

In the real world there is a bewildering array of outcomes to any action, which requires a more flexible type of artificial intelligence.

LeCun holds a pen upright on its tip. What happens when you let go, he asks? Even a toddler would know that the pen would topple over. But no human would bother to guess in which direction the pen might fall, there’s no way to tell.

Advertisement

But an LLM might try to generate a single prediction about the pen’s next move based on statistical patterns from its training data.

The prediction would almost certainly be wrong, because the system is not reasoning about the physical reality of the situation – it is generating what appears to be statistically plausible.

LeCun says the system his company is developing, called Joint Embedding Predictive Architecture (JEPA), is set up to deal with problems like that.

It creates abstractions of the real world that allow it to assess the outcomes of actions.

Advertisement

Creating these abstractions involves difficult maths, but essentially they filter out useless information, just leaving the AI with useful pictures of the world.

In the case of the pen, the AI would know that there’s no point in trying to predict which way the pen would fall.

Continue Reading

Business

Form 4 Aehr Test Systems For: 2 July

Published

on


Form 4 Aehr Test Systems For: 2 July

Continue Reading

Business

Palantir Stock Surges 3.5% Again Today After D.A. Davidson Upgrades to Buy, Cites Most Attractive Valuation

Published

on

Palantir

Palantir Technologies shares climbed further Thursday morning, adding to a string of daily gains as a fresh analyst upgrade from D.A. Davidson’s Gil Luria amplified momentum already building from a Nvidia partnership announcement, a U.S. government contract win and the partial retreat of one of the stock’s most prominent short sellers.

Shares of the Denver-based AI software and data analytics company were trading at $130.19 as of 10:47 a.m. EDT, up $4.46, or 3.55%, on the day, extending what has been a sharp recovery from the 52-week low of $106.37 the stock hit just two weeks ago. The multiple-day winning streak has now pushed the stock roughly 23% off that low, though shares remain approximately 37% below their 52-week high of $207.18 reached in late November 2025.

Thursday’s specific catalyst was D.A. Davidson analyst Gil Luria upgrading Palantir from Neutral to Buy and raising his 12-month price target to $175 from $165, implying upside of roughly 39% from Wednesday’s closing price. Palantir shares rose more than 3% in the immediate aftermath of the upgrade publication, with the stock continuing to add to those gains as the broader market also strengthened following the weaker-than-expected June nonfarm payrolls report.

Luria’s upgrade framing was pointed and specific, centering on both valuation and a newly articulated competitive advantage argument tied to the ongoing friction between AI model providers and the U.S. government. He cited recent tensions between Anthropic and the Trump administration, which had placed restrictions on the company’s AI models, as evidence that customers who built their technology stacks on top of underlying AI models directly faced serious business disruption risk when those models became unavailable.

Advertisement

“Anthropic’s repeated choice to take a confrontational tact with the US government has resulted in the government placing restrictions on AI models and Anthropic pulling its own model from the market,” Luria said in a note to clients, adding that companies that built directly on those models risked catastrophic disruption. He contrasted that risk with Palantir’s orchestration model, where the company’s platform can swap underlying AI models without disrupting the broader solution it delivers to clients.

On valuation, Luria was equally direct.

“We believe Palantir’s valuation is the most attractive it has been in a while, especially in relation to other high growth software companies,” he said.

That argument resonates with a growing portion of the investment community that has been watching Palantir’s stock decline throughout 2026 while its underlying business has continued to accelerate. The company’s first-quarter results, the most recent available, showed revenue surging 85% year over year to $1.63 billion, beating estimates of $1.54 billion, while the company raised its full-year 2026 revenue guidance to approximately $7.65 billion. Operating margin for the first quarter reached 60% on an adjusted basis, and the company now counts more than 1,000 commercial customers, a milestone that underscores how broadly its AI platform has penetrated enterprise markets beyond its traditional government base.

Advertisement

Yet the stock had fallen approximately 29% year to date heading into the current recovery, a decline that reflected persistent investor concerns about competition from OpenAI, Anthropic and other AI tool providers that could eventually allow enterprise customers to replace dedicated data orchestration platforms like Palantir with more commodity-like AI services. Luria’s analysis suggests that very threat, and the political and regulatory complications that have accompanied it, may be creating demand for Palantir’s model rather than eroding it.

Palantir CEO Alex Karp also added to the week’s storyline Wednesday, when he used a public appearance to criticize what he called “tokenmaxxing,” a reference to AI providers who charge per token in ways that create what he characterized as a “wealth tax” on enterprise customers using AI tools at scale. Karp’s language was direct and provocative, positioning Palantir as a more efficient and accountable alternative to the per-token pricing models that have drawn increasing customer scrutiny as AI usage scales.

“Combining Palantir infrastructure with Nvidia’s AI and Nemotron models will allow the U.S. government to unleash the full power of LLMs while removing the underlying security risks,” Karp said in a statement accompanying the Nvidia partnership announcement earlier this week.

That Nvidia collaboration, announced Monday, involves embedding Nvidia’s Nemotron open-source AI models into Palantir’s core product stack, including its AIP, Foundry, Ontology and Apollo platforms, creating what the companies described as a secure, customizable environment for U.S. government agencies and critical infrastructure operators to train, customize and deploy large language models without exposing sensitive data to external model providers.

Advertisement

President Trump’s most recent financial disclosure added an unusual political dimension to the recovery. The U.S. Office of Government Ethics released Trump’s certified 2025 financial disclosure showing he owns at least $1 million in Palantir shares, a holding he reportedly added to in the period covered by the disclosure. While the filing does not establish any formal commercial relationship between the administration and the company, market observers noted it attracted renewed retail investor attention to the stock in the days immediately following its release.

“Big Short” investor Michael Burry, whose publicly disclosed short position against Palantir had been a recurring negative overhang on the stock throughout the spring, disclosed he had trimmed roughly half of that position, a partial retreat that some investors interpreted as a signal that even a prominent bear had decided the stock’s decline had run its course, at least for now.

According to data from 32 analysts tracked by Stock Analysis, the consensus rating on Palantir stands at “Buy,” with an average 12-month price target of $182.75, representing potential upside of more than 40% from Thursday’s trading levels. With the D.A. Davidson upgrade adding to that bullish chorus, investors now appear to be coalescing around the view that Palantir’s prolonged valuation compression has created the most attractive entry point the stock has offered since before its 2025 run to all-time highs, particularly given the acceleration in its underlying business metrics.

Advertisement
Continue Reading

Trending

Copyright © 2025