Jim Cramer discussed Oracle Corporation (NYSE:ORCL) as a key player in enterprise software and cloud computing. Shares have risen 41% year-to-date, with a 22% jump in June. The firm’s fiscal fourth quarter report projected $67 billion in revenue for fiscal year 2026. Cramer praised Oracle’s government discounts for enterprise software.

Oracle Corporation (NYSE:ORCL) saw a 3.9% share price increase after announcing a major contract in an SEC filing. CEO Safra Catz hinted at even better performance, leading to positive expectations. Cramer highlighted Oracle’s evolving business model and potential for growth.

IT professionals are working on a large-scale enterprise performance management system. Jim Cramer praised the ongoing success of data centers, citing a recent 8K filing as evidence. He emphasized the importance of staying informed about market trends to capitalize on opportunities for financial gain.

Read more at Yahoo Finance: I Was “Thrilled” To Hear Reports About Discounts, Says Jim Cramer