Oracle Stock Skyrockets by 15% → 1970’s computer coder Issues Shocking AI Warning (From InvestorPlace) (Ad) Hosted by MarketBeat StaffMarch 13, 2024 Share Share Play video for Oracle Stock Skyrockets by 15%DetailsGuestsOracle’s NYSE: ORCL launch of Gen-2 Cloud services was slow, but the focus on quality over quantity is paying off. The company’s Q3 results and outlook confirm the 2nd wave of AI is here. The wave where all those chips NVIDIA NASDAQ: NVDA and Advanced Micro Devices NASDAQ: AMD produce are built into next-gen cloud infrastructure, paving the way for widespread technology adoption. The primary takeaway from the report is that demand for AI infrastructure exceeds supply, Oracle is ramping supply as quickly as it can, and business momentum is building, driving shareholder value.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioORCLOracle4.8499 of 5 stars$114.96+0.3%1.39%30.33NVDANVIDIA4.4357 of 5 stars$858.17+3.3%0.02%71.87 Compare These Stocks Add These Stocks to My Watchlist Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatThis 1 Biotech Stock has been shocking the marketsfrom Huge Alerts12 Cannabis Stocks to Buy Nowfrom MarketBeat1970’s computer coder Issues Shocking AI Warningfrom InvestorPlace10 Cheap Dividend Stocks to Buy Todayfrom MarketBeatThe 2024 Gold Rush: Unleashing Market Potentialfrom Priority Gold7 Flying Car Stocks for Your 2024 Watchlistfrom MarketBeat AMD is Down 35%. Now is the Time to Buy the DipAMD stock is at a critical turning point. The market is down 7% following the release but showing some signs of support at a key level. That level aligns with the prior lows and maybe the bottom for tRelated VideosSkip Nvidia: Finding AI Stocks Beyond the Buzz7 Must-Buy Stocks Under $207 Stocks That May Be Next to Split Their Stock Featured Articles and Offers3 Value Stocks You Can Buy Before They Become BigPosted May 6, 2024View 3 Value Stocks You Can Buy Before They Become Big1970’s computer coder Issues Shocking AI WarningFrom InvestorPlace(Ad)View 1970’s computer coder Issues Shocking AI WarningBargain Alert: 3 Large Caps With Extremely Oversold RSIsPosted May 3, 2024View Bargain Alert: 3 Large Caps With Extremely Oversold RSIsHow to Read an Earnings Report | Step by Step Guide with TipsPosted May 8, 2024View How to Read an Earnings Report | Step by Step Guide with TipsMU Nears Breakout as Analysts Continue to Pound the TablePosted May 8, 2024View MU Nears Breakout as Analysts Continue to Pound the TableRSVP: Charles Payne’s Cash Flow WorkshopFrom Unstoppable Prosperity(Ad)View RSVP: Charles Payne’s Cash Flow Workshop Search Videos: Search Articles Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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Hosted by MarketBeat StaffMarch 13, 2024 Share Share Play video for Oracle Stock Skyrockets by 15%DetailsGuestsOracle’s NYSE: ORCL launch of Gen-2 Cloud services was slow, but the focus on quality over quantity is paying off. The company’s Q3 results and outlook confirm the 2nd wave of AI is here. The wave where all those chips NVIDIA NASDAQ: NVDA and Advanced Micro Devices NASDAQ: AMD produce are built into next-gen cloud infrastructure, paving the way for widespread technology adoption. The primary takeaway from the report is that demand for AI infrastructure exceeds supply, Oracle is ramping supply as quickly as it can, and business momentum is building, driving shareholder value.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioORCLOracle4.8499 of 5 stars$114.96+0.3%1.39%30.33NVDANVIDIA4.4357 of 5 stars$858.17+3.3%0.02%71.87 Compare These Stocks Add These Stocks to My Watchlist Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatThis 1 Biotech Stock has been shocking the marketsfrom Huge Alerts12 Cannabis Stocks to Buy Nowfrom MarketBeat1970’s computer coder Issues Shocking AI Warningfrom InvestorPlace10 Cheap Dividend Stocks to Buy Todayfrom MarketBeatThe 2024 Gold Rush: Unleashing Market Potentialfrom Priority Gold7 Flying Car Stocks for Your 2024 Watchlistfrom MarketBeat