Oracle is thriving in the cloud. Artificial intelligence is next.

Oracle is thriving in the cloud.  Artificial intelligence is next.

To the casual observer, Oracle’s emergence as a serious player in cloud computing may have come out of nowhere. But Barron readers shouldn’t be surprised. In early 2021, I wrote a cover story titled Oracle is turning into a cloud giant. At the time, Oracle (ticker: ORCL) was pushing cloud-based versions of its database software … Read more

Adobe posts strong earnings. CEO Promotes ‘New Era of Generative AI’

Adobe posts strong earnings.  CEO Promotes 'New Era of Generative AI'

Adobe posted better-than-expected financial results for its latest quarter and improved its outlook for the full fiscal year, extending a rally that had already sent its stock price up 42% since mid-May. The ongoing rally reflects growing investor confidence that generative AI will spur growth at Adobe, rather than pose a new competitive threat to … Read more