Oracle stock price today market analysts report Oracle stock

Market analysts report Oracle stock price today is up 1.1% to $112.40, benefiting from strong software-as-a-service performance. Traders watch closely for breakout patterns above the $114 technical barrier. While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth. The Stop Trading on Congressional Knowledge Act, or STOCK Act, says that members of Congress cannot use nonpublic information to inform personal financial decisions. It is not clear whether Fields knew about Oracle's potentially lucrative deal with TikTok. Investors tracking Oracle stock price today note a slight uptick to $112.45 after fresh reports of government contracts for its cloud database services, potentially boosting fiscal year earnings projections.