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Stock impact report

Wells Fargo Remains Bullish on Oracle (ORCL) as AI Concerns Ease [Yahoo! Finance]

Oracle Corporation (ORCL) 
Last oracle corporation earnings: 3/12 04:02 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Firm analysts believe that artificial-intelligence related concerns related to the stock are overblown and that the stock remains undervalued. Analyst Michael Turrin noted that sentiment for Oracle has skewed more negative in the near term. Some analysts, in particular, have been worrying about Oracle's high OpenAI exposure and the sustainability of its commits over the next few years. "Feedback post launch has leaned more bearish, w/ investors asking questions around ORCL's ability to deliver both from a financing & execution perspective given prior framed targets. We see all of the bad, but hardly any of the good being priced in,” However, things have started taking a turn for the better, particularly due to Oracle's deal to run TikTok's US business. "More generally, bulls on ORCL: 1) view the sharp pullback as overdone w/ shares back to pre-OpenAI levels, 2) see potential for meaningful market share gains in cloud IaaS, & 3) think AI still v. early innings," Overall, the Show less Read more
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