UAE’s data center project with U.S. tech firms faces security concerns
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JPMorgan Reiterates Neutral Rating on Oracle (ORCL)
June 10, 2025 5:10 AM EDTJPMorgan analyst Mark Murphy reiterated a Neutral rating and $135.00 price target on Oracle (NYSE: ORCL).
The analyst comments "Heading into Oracles FQ4 (May) earnings results, our thesis remains that core AI infrastructure bookings remain robust across the technology landscape, which should be a positive signal for Oracles cloud infrastructure business. We continue to respect Oracles achievements in the AI domain while also being mindful of Oracles premium valuation of >50x EV/Street consensus CY26E uFCF vs. comparable hyperscalers and mega-cap enterprise software companies at ~30x (AMZN, GOOG, MSFT,... More
