For the past three years, software stocks have suffered as revenue growth softened, and investors remain skeptical about when it will return.
For Oracle, that's its cloud infrastructure — a service that has improved Oracle's fundamental growth story, Walravens argued.
This strategic move positioned Oracle as a key player in AI, fueling growth in its infrastructure as a services (IaaS) business.
Oracle Cloud Infrastructure is central to this growth, offering a suite of services for AI-driven workloads.
SAP YTD mountain SAP stock performance year-to-date.
Persons:
Raimo Lenschow, Pat Walravens, Walravens, Bernstein, Mark Moerdler, tailwinds, Goldman Sachs, Amy Hood, it's, Keith Bachman, Bachman
Organizations:
Oracle, Nvidia, Barclays, Investors, Software, Services, Microsoft, SAP, Citizens, CNBC, Google, Oracle Cloud Infrastructure, Microsoft Microsoft, AI Services, Wall, BMO