Why Oracle Is ‘The Sleeping Giant’ of the Cloud

Why Oracle Is ‘The Sleeping Giant’ of the Cloud

Posted On November 8, 2019 1:13 pm

Once upon a time, there were two giant tech companies that battled for dominance in providing Fortune 1,000 businesses in what was then called ‘enterprise services’ software.

Their names are SAP (SAP)  and Oracle (ORCL) and their shares enjoyed a meteoric rise in the years leading 1999 dot.com boom.  And, while they certainly didn’t go bust, in fact, both stocks are neared all-time highs. The performance, since the 2009 financial crisis low, has lagged both the broader market and the slew of new cloud-based firms that have come on the scene since.

Companies like… Continue reading at StockNews.com

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Steve Smith

Steve Smith have been involved in all facets of the investment industry in a variety of roles ranging from speculator, educator, manager and advisor. This has taken him from the trading floors of Chicago to hedge funds on Wall Street to the world online. From 1987 to 1996, he served as a market maker at the Chicago Board of Options Exchange (CBOE) and Chicago Board of Trade (CBOT). From 1997 to 2007, he was a Senior Columnist and Managing Editor for TheStreet.com, handling their Option Alert and Short Report newsletters. The Option Alert was awarded the MIN “best business newsletter” in 2006. From 2009 to 2013, Smith was a Senior Columnist and Managing Editor for Minyanville’s OptionSmith newsletter, as well as a Risk Manager Consultant for New Vernon Capital LLC. Smith acted as an advisor to build models and option strategies to reduce portfolio exposure and enhance returns for the four main funds. Since 2015, he has worked for Adam Mesh Trading Group. There, he has managed Options360 and Earning 360, been co-leader of Option Academy, and contributed to The Option Specialist website.

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