We are buying 75 shares of Oracle , at roughly $104.68 apiece. Following Tuesday's trade, Jim Cramer's Charitable Trust will own 575 shares of ORCL, increasing its weighting in the portfolio to 2.17% from 1.91%. Tuesday is another ugly day for equities markets, with stocks giving back Monday's gains and struggling to stabilize on mounting concerns about the impact of higher interest rates and tepid economic growth. The S & P 500 has fallen more than 4% so far this month.
Catz attributed Oracle's success to its advanced systems, while noting that access to Club name Nvidia 's chips is a key reason why its cloud infrastructure platform is faster than peers. Catz also downplayed the struggles at Cerner, reiterating that the recent headwinds are temporary and due to the "accelerated transition" to the cloud. Separately, at Oracle's CloudWorld event last week, we were pleased to see management reiterate its fiscal year 2026 goals.