Oracle put volume heavy and directionally bearish » 11:1507/3007/30/21
Bearish flow noted in…
Bearish flow noted in Oracle with 23,729 puts trading, or 2x expected. Most active are Sep-21 90 puts and 7/30 weekly 87 puts, with total volume in those strikes near 9,600 contracts. The Put/Call Ratio is 2.10, while ATM IV is up over 1 point on the day. Earnings are expected on September 9th.
Oracle named Golden State Warriors team performance center partner » 13:0107/2807/28/21
The Golden State Warriors…
The Golden State Warriors and Oracle announced the expansion of their longstanding partnership with the launch of the Oracle Performance Center. The NBA's most advanced training and recovery center, powered by Oracle, will deliver new insights and a custom high performance system to enhance player performance. The Oracle Performance Center, measuring 25,349 square-feet, will be home to the Warriors practice facility and player campus, located at Chase Center, the Warriors' 18,064-seat privately financed sports and entertainment arena in San Francisco's Mission Bay neighborhood. "The competitive advantage that Oracle will add to our team, through its partnership with the performance center and our joint technology development work, is significant," said Warriors executive vice president of Basketball Operations, Kirk Lacob. "As we strive to bring home another NBA title, it is no secret that the work that our players and coaching staff put in will begin in the Oracle Performance Center, which is why it is critical that the amenities are world-class." Along with the Oracle Performance Center, the partnership will include joint technology development to enhance player optimization, training and performance. Oracle will also launch exclusive 2021 NBA Draft content with the Warriors draft picks, and is the presenting partner of the Warriors' 2021 NBA Summer League team.
|Over a week ago|
HP Enterprise upgraded to Outperform from In Line at Evercore ISI » 17:4407/2507/25/21
Evercore ISI analyst Amit…
Evercore ISI analyst Amit Daryanani upgraded HP Enterprise (HPE) to Outperform from In Line with a price target of $20, up from $16. The analyst believes that at HP Enterprise's current valuation, the stock is positioned to outperform in a substantial manner and the low multiple provides a healthy level of downside protection. Further, Daryanani thinks HP Enterprise via a combination of organic tailwinds and self-help levers should see a path toward mid-teens EPS/free cash flow growth over next few years, which should enable the stock to work toward a $20-plus price. The analyst also believes that the H3C stake and Oracle (ORCL) lawsuit win are sizable "value creators" that could extend optionality for HP Enterprise.
Oracle price target raised to $100 from $90 at KeyBanc » 07:4007/2207/22/21
KeyBanc analyst Michael…
KeyBanc analyst Michael Turits raised the firm's price target on Oracle to $100 from $90 following strengthening IT budget outlooks, strong cloud migration intentions from both his VAR and CIO Survey, and improving investment priority for data/analytics from his CIO survey. The analyst keeps an Overweight rating on the shares.
Oracle call volume above normal and directionally bullish » 10:4507/0607/06/21
Bullish option flow…
Bullish option flow detected in Oracle with 27,742 calls trading, 2x expected, and implied vol increasing over 1 point to 21.45%. Jul-21 77.5 calls and 7/9 weekly 83 calls are the most active options, with total volume in those strikes near 5,300 contracts. The Put/Call Ratio is 0.24. Earnings are expected on September 9th.
Early notable gainers among liquid option names on July 6th » 09:5507/0607/06/21
AMZN, ANET, AAPL, TWTR, ORCL
Notable gainers among…
Notable gainers among liquid option names this morning include Amazon (AMZN) $3593.74 +82.65, Arista Networks (ANET) $372.88 +7.29, Apple (AAPL) $142.51 +2.56, Twitter (TWTR) $70.45 +1.25, and Oracle (ORCL) $83.30 +1.48.
Early notable gainers among liquid option names on July 2nd » 09:5507/0207/02/21
ENPH, TSLA, ORCL, AMAT, AVGO
Notable gainers among…
Notable gainers among liquid option names this morning include Enphase Energy (ENPH) $188.03 +4.83, Tesla (TSLA) $690.61 +12.60, Oracle (ORCL) $80.84 +1.30, Applied Materials (AMAT) $139.80 +2.13, and Broadcom (AVGO) $477.06 +7.25.
|Over a month ago|
Oracle pledges to power global operations with 100% renewable energy by 2025 » 08:0506/2306/23/21
Oracle expanded its…
Oracle expanded its commitment to sustainability by pledging to power its global operations, both its facilities and its cloud, with 100% renewable energy by 2025. Oracle's latest renewable energy goal builds on its existing sustainability priorities, including: Clean cloud: Oracle maintains its goal of achieving 100% renewable energy use at all next-generation Oracle Cloud regions by 2025. Hardware recycling: Continuing its efforts to reduce e-waste, in FY20, Oracle collected 2.5M pounds of retired hardware assets, of which 99.6% was either reused or recycled. Reducing waste: Oracle has decreased the amount of waste sent to landfill at Oracle-owned buildings by 25% on a square foot basis since 2015. Responsible sourcing: By 2025, Oracle's expects 100% of its key suppliers to have an environmental program in place. Oracle's European Cloud regions are already powered with 100% renewable energy, and Oracle has 51 offices around the world using 100% renewable energy.
Oracle still on the mend, Barron's says » 11:2106/1906/19/21
Oracle is in the middle…
Oracle is in the middle of a major business overhaul, reinventing itself for the cloud, Eric Savitz writes in this week's edition of Barron's. The stock has been among the year's best performing tech shares, but the rally may not be over, the author contends. While the stock isn't as cheap as it was in February, this is probably still the beginning of the turnaround at Oracle, not the end, he adds. Reference Link
Oracle put volume heavy and directionally bearish » 09:5506/1806/18/21
Bearish flow noted in…
Bearish flow noted in Oracle with 7,747 puts trading, or 2x expected. Most active are Jun-21 75 puts and 6/25 weekly 75 puts, with total volume in those strikes near 3,900 contracts. The Put/Call Ratio is 1.60, while ATM IV is up nearly 2 points on the day. Earnings are expected on September 9th.