Unpacking Oracles Autonomous Data Warehouse Announcement

Published: March 18, 2021, 3 p.m.

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On February 19th of this year, Barron\\u2019s dropped an article declaring Oracle a cloud giant and explained why the stock was a buy. Investors took notice and the stock ran up 18% over the next 9 trading days and peaked on March 9th, the day before the company announced its latest earnings. The company beat consensus earnings on both top line and EPS last quarter. But Investors didn\\u2019t like Oracle\\u2019s tepid guidance and the stock pulled back..but is still well above its pre-Barron\\u2019s article price.\\xa0

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