[Music] hey Tech enthusiasts buckle up because we've got a jumbo news Roundup featuring Oracle that you won't want to miss whether you're an investor Tech geek or just someone with an inherent need to soak up the latest trends Oracle Making Waves today and for good reason let's dive straight in first off let's talk numbers Oracle has been generating a buzz after Crossing above the 20-day moving average a pretty significant technical indicator for Traders in essence this means that Oracle stock is experiencing a short-term bullish Trend which is good news if you're on the lookout for Upward momentum a 16.1% rally over the past 4 weeks bolsters this positive trajectory making the stock shine brighter than your neighbors over-the-top Holiday Lights why is this 20-day moving average such a big deal well Traders use it to smooth out short-term price trends when a stock price sits above this average it's considered a positive trend conversely when it drops below it might signal Rocky Waters ahead in oracle's case this recent push past the 20-day Mark has added extra Sparkle to those who keep a Keen Eye on their portfolios plus Oracle flance of Zach's rank number two adding another gold star to its report card apart from technical indicators Oracle is flexing its muscles in the world of cloud computing remember when everyone thought ditching old infrastructure for the cloud was just a passing fad well oracle's flipping that narrative on its head Uber has hopped onto the Oracle Cloud infrastructure bandwagon leveraging it to power more than 1 million trips every hour and drive 14 million predictions per second that's right Uber's ride hailing and delivery platform now essentially operates like Doc Brown from Back to the Future thanks to Oracle Tech Uber isn't just dipping it toes in they've migrated thousands of microservices and heaps of operational data to Oracle Cloud this move allows Uber to innovate faster without burning through gobs of Cash Cameron zargi senior director at Uber mentioned that this partnership allows for incredible flexibility and scaling which in cloud computing terms is akin to hitting the jackpot and as if that wasn't enough Oracle made headlines for beating analyst expectations across the board we're talking about bone crunching good quarterly earnings results their CEO saffra Catz highlighted growth in operating income and earnings per share especially with their cloud services division hitting it big time FY 23 saw oracle's Revenue grow by a stunning 17.7% which is practically a Sprint compared to what other companies in the sector are reporting by announcing new AI capabilities within the Oracle Fusion Cloud applications Suite think unlocking more than 50 new generative AI agents Oracle is doubling down on its cloud and AI game add to that a newly ined partnership with Amazon web services that brings oracle's database Services directly onto Amazon's platform showing how Oracle isn't just adapting to Industry trends it's setting them in the larger frame this good news is wrapped up with Oracle outperforming its sector peers by quite a margin the Stock's up 34% as of today signaling that investors are eagerly jumping aboard the Oracle Express so all this bubbling momentum cues up something undeniable Oracle is strategically positioned not just to ride out the current Tech wave but likely to surf at its crest for quite some time keep your eyes peeled folks this could be a wild ride thanks for watching to the end remember this is just one story from our full Daily Show which includes all the other news and an analysis of the day's Tech Market activity if you found this video interesting or insightful then please like subscribe and share it with others your support is greatly appreciated catch you later [Music]