The following is a summary of the latest news from around the Web.
The Oracle (NASDAQ:ORCL) stock price will increase by more than 100 percent in 2017 and 2018, according to the most recent data from Bloomberg Intelligence.
Oracle stock has been up nearly 200 percent in the past five years, according a Bloomberg analysis.
The stock price is up a significant amount for the first time in Oracle’s history and is up around 5 percent for the year, according the Bloomberg report.
The stock rose 3.9 percent in Q4 2017, while Oracle stock rose 8.7 percent in 2016.
Oracle stock has gained more than 200 percent since 2009, according Bloomberg data, but it hasn’t returned to the heights it reached in 2000 or 2007.
Oracle’s market cap has increased by more of than $5 billion in the same period.
Oracle has been on a roller coaster ride of sorts.
The company has been under pressure to deliver better results in the face of a slowing economy and a slowdown in its online software business.
Oracle has been profitable for a number of years and now the company needs to show results that it can sustain and improve performance.
Oracle said it would need to turn its business around, and the results haven’t been as strong as expected.
It’s a big problem for investors and an embarrassment for Oracle shareholders, according on Twitter, which is owned by Oracle.
A year ago, Oracle CEO Larry Ellison said the company was in the process of transitioning from a software company to a cloud business.
Ellison is the CEO of the Oracle Corporation.
Oracle CEO Larry J. Ellison (R) shakes hands with President Donald Trump (L) and Chief Technology Officer Greg Brock (R), during a ceremony to unveil a cloud-based software product at the National Museum of American History in Washington, U.S., May 15, 2018.
Oracle’s cloud-services business is growing at an annualized rate of 17.9%, according to data from Strategy Analytics.
That’s the fastest growth in the industry.
Oracle is now a major player in the market for cloud-computing products.
It has over 80 percent of the market, and it has more than 50 percent of customers, according Strategy Analytics data.
The cloud-solutions business is a growing business, but the company is seeing a slow down in demand from its customers.
For example, Microsoft’s Azure cloud computing business grew by 15.5% in the first quarter, but Oracle’s Azure revenue fell by 3.6% in that quarter.
That means Oracle’s revenue is down nearly 8 percent from the same quarter last year.
Oracle said last week that it was cutting the size of its cloud business to make way for the company’s new cloud-server business.
This change is part of an effort to grow its cloud services business in a way that it is more competitive with rivals.
Oracle also said last year that it would sell its data centers in North America, Europe and Asia, and that it will focus its cloud-service business on building out a global footprint.
Oracle will not announce the date for when the company will release the latest earnings report.