AMZN Jun 2025 165.000 put
- Yahoo Finance Video
Oracle is 'advantaged.' Analyst explains why.
Shares of Oracle (ORCL) are rising after the company lifted its fiscal 2026 forecast and announced that it expects sales during fiscal 2029 to cross $104 billion. Wolfe Research managing director and head of software research Alex Zukin joins Morning Brief to break down the company's position in the overall AI race. "Oracle is advantaged. I think Oracle is really good at building enterprise-class infrastructure. I think they've been doing it for decades. On the software side, I think the Oracle database supports some of the most mission-critical hardened workloads in the world. I think that over time, both the database and the application portfolio customers are going to have to migrate, at least probably the majority of those workloads, over to the cloud to take advantage of some of these innovations that we've been speaking about around generative AI," he tells Yahoo Finance. He adds that the company has built an ecosystem with other hyperscalers that allows customers to easily move their workloads to the cloud, and points to its partnership with Amazon Web Services (AWS) as an example. He explains that Oracle has "a lot of irons in the fire across the entire ecosystem," which it is able to translate into accelerating growth and improving profitability. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
- Reuters
Factbox-What are India's antitrust findings against Amazon, Flipkart
Indian antitrust investigations have found that Amazon and Walmart's Flipkart violated local competition laws by giving preference to some sellers, prioritising certain listings, and steeply discounting products, hurting other companies. Here are the key findings of the Competition Commission of India (CCI), which are detailed in two reports that are not public but have been reviewed by Reuters. Amazon, Flipkart and the CCI have not responded to requests for comment about the reports.
- Reuters
Exclusive-India accuses Samsung, Xiaomi of colluding with Amazon, Flipkart
Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart's Flipkart to exclusively launch products on the e-commerce firms' Indian websites in breach of antitrust laws, according to regulatory reports seen by Reuters. Antitrust investigations conducted by the Competition Commission of India (CCI) have found that Amazon and Flipkart violated local competition laws by giving preference to select sellers, prioritising certain listings, and steeply discounting products, hurting other companies, Reuters reported this week. The CCI's 1,027-page report on Amazon also said the Indian units of five companies - Samsung, Xiaomi, Motorola, Realme and OnePlus - were "involved in the practice of exclusive" phone launches in "collusion" with Amazon and its affiliates, breaking competition law.
