MUFG analyst Stephen Bersey lowered his price target on Oracle shares to $55 from $56, and lowered his FY19 and FY20 revenue estimates for the company due to higher cloud mix assumptions and slightly slower than expected pace of business for license and cloud. However, the analyst reaffirmed an Overweight rating on shares ahead of earnings, as he believes shares are attractive "given their relative valuation to peers and sizable share repurchase program."

Oracle Corporation Japan "announced that it plans to invest more than $8B over the next 10 years to meet the growing demand for cloud computing and AI infrastructure in Japan. The investment will grow Oracle Cloud Infrastructure's footprint across Japan. In addition, to help customers and partners address the digital sovereignty requirements in Japan, Oracle will significantly expand its operations and support engineering teams with Japan-based personnel. Oracle plans to increase local customer support of its public cloud regions in Tokyo and Osaka and its local operations teams for Oracle Alloy and OCI Dedicated Region. This will enable governments and businesses across Japan to continue to move their mission-critical workloads to the Oracle Cloud and embrace sovereign AI solutions."