ORCL

- Truist expects strong results and raised its target to $240, implying about 2% upside, while maintaining a 'Hold' rating. - AEP's Google-linked fuel-cell project and Oracle's reaffirmation of Bloom's role at Project Jupiter helped support the stock's rise. - BE fell 21% last week, its worst weekly performance in nearly four months, amid a broader semiconductor and AI selloff. Shares of Bloom Energy (BE) jumped over 4% premarket Monday as it entered earnings week, with quarterly results expected to highlight its rapid growth in AI infrastructure power and retail investors betting that Thursday's report could revive the stock's momentum. BE stock tumbled 21% last week, logging its worst weekly performance in nearly four months amid a broader selloff in semiconductor and AI stocks. Chinese chipmaker CXMT's next-gen memory plans fueled concerns about growing competition, weighing on the wider AI trade, including Bloom's data-center power business. See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox Truist expects a strong third quarter, driven by healthy year-over-year demand, continued commercial momentum and improving profitability. The brokerage raised its price target to $240 from $218, implying about 2% upside from current levels, while maintaining a 'Hold' rating. The firm said Bloom's valuation already reflects much of its long-term growth opportunity. Its higher target reflects stronger near-term demand growth and expectations that increased equipment content per site will lift average selling prices. Analysts expect third-quarter revenue to rise about 104% to $1.06 billion from $519.05 million a year earlier, with adjusted EPS increasing to $0.70 from $0.15, according to Fiscal.ai. EBITDA is projected to hit $249.29 million, compared with $59.26 million a year earlier. On a quarter-over-quarter basis, analysts expect revenue to rise 0.6% to about $1.07 billion, while adjusted EPS falls about 14% to $0.67, according to Koyfin. EBITDA is expected to fall 5.1% to $240.55 million. Bloom reported its first billion-dollar revenue last quarter, posting sales of $1.065 billion and adjusted EPS of $0.78. It also raised its full-year outlook to revenue of $3.9 billion to $4.2 billion and adjusted EPS of $2.55 to $2.85. Bloom's fuel cells let data-center operators add on-site power quickly as demand for AI computing grows. The systems generate electricity from natural gas through an electrochemical process, without combustion. Last week, American Electric Power announced plans to invest about $4 billion in a 702-megawatt project near Cheyenne, Wyoming, using Bloom's tech. Google will buy the electricity under a 20-year agreement. Construction is expected to begin this year, with the facility fully operational by the end of 2028. Oracle also reaffirmed that Bloom's fuel-cell microgrid will remain the primary power source for Project Jupiter in New Mexico. Its proposed agreement with El Paso Electric would provide power for late-stage construction, initial commissioning and emergency backup. "There is no change to our plan," Oracle said. The updates come after Bloom and Brookfield's agreement to expand their financing framework for AI infrastructure power projects to $25 billion from $5 billion in June. On Stocktwits, retail sentiment for BE has been 'bullish' over the past week amid 'normal' message volume. One user predicted, "volatile all week then up 40% on er." Another user said, "Comeback week topped off by greater on Thursday." A separate user brought up Bloom's earlier sharp rallies: "Remember when it jumped from ~$130-~$200, then $300 in just a few days? I'm getting the same feeling here." Another trader warned that a break in the uptrend could send shares into the $150s, while a separate earnings watchlist by a user flagged the risk that elevated expectations could produce a sell-the-news reaction. BE stock has risen 155% year-to-date. For updates and corrections, email newsroom[at]stocktwits[dot]com. Read Next: TSLA, SPCX Eye Green Open: Gary Black Sees SpaceX Buying Tesla For $420/Share In 'Next Few Weeks' Deepti Sri has no position in any of the stocks mentioned in this article. StockTwits' news team content is for informational purposes only and is not intended as investment advice. For more, see our editorial policy. This article was originally published on StockTwits. Related: - MMM Stock Jumps Overnight: Amazon Could Own A Piece Of 3M If It Spends $6B On Its Data Center Products - Tesla Stock At $4,400? Cathie Wood's ARK Pins Hopes On Robotaxis, Sees SpaceX Merger In 5 Years - An Oil Refiner Is Beating Nvidia This Year: Analyst Thinks It Can Rally 16% More From Here

LAS VEGAS, October 19, 2026--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), the Software Support and Agentic AI ERP Company™ and the leading third-party support provider for Oracle, SAP and VMware software, today announced it will report earnings after market close on October 29, 2026. The company will host a conference call and webcast on that date to discuss the third quarter 2026 results and the fourth quarter 2026 outlook at 5:00 p.m. Eastern / 2:00 p.m. Pacific time. A live webcast of the event will be available on Rimini Street's Investor Relations site via the Rimini Street IR events link and directly via the webcast link. Dial-in participants can access the conference by dialing 1-800-836-8184. A replay of the webcast will be available for one year following the event. About Rimini Street, Inc. Rimini Street, Inc. (Nasdaq: RMNI), a Russell 2000® Company, is a proven, trusted global provider of end-to-end, mission-critical enterprise software support, managed services and innovative Agentic AI ERP solutions and is the leading third-party support provider for Oracle, SAP and VMware software. The Company has signed thousands of IT service contracts with Fortune Global 100, Fortune 500, midmarket, public sector and government organizations who have leveraged the Rimini Smart Path™ methodology to achieve better operational outcomes, billions of US dollars in savings and fund AI and other innovation. To learn more, please visit https://www.riministreet.com, and connect with Rimini Street on X, Facebook, Instagram, and LinkedIn. Forward-Looking Statements Certain statements included in this communication are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as "anticipate," "assume," "believe," "budget," "continue," "could," "currently," "estimate," "expect," "forecast," "future," "intend," "may," "might," "outlook," "plan," "possible," "goal," "potential," "predict," "project," "reflect," "results," "seem," "seek," "should," "will," "would" and other similar words, phrases or expressions. These forward-looking statements include, but are not limited to, statements regarding our expectations of future events, future opportunities, global expansion and other growth initiatives and our investments in such initiatives. These statements are based on various assumptions and on the current expectations of management and are not predictions of actual performance, nor are these statements of historical facts. These statements are subject to a number of risks and uncertainties regarding Rimini Street's business, and actual results may differ materially. These risks and uncertainties include, but are not limited to our ability to attract new clients or retain and/or sell additional products or services to existing clients; our ability to achieve and maintain an adequate rate of revenue growth; cost of revenue, including changes in costs associated with our efforts to grow and the results of any efforts to manage costs to align with current revenue expectations and the expansion of our offerings; the effects of increased intense competition in our industry and our ability to compete effectively; our ability to successfully educate the market regarding the advantages of our support and managed services for ERP software and to sell the products and services comprising our "Rimini Smart Path™" solutions portfolio, including but not limited to our Agentic AI ERP solutions; our intentions with respect to our pricing model and expectations of client savings relative to use of other providers; the evolution of the ERP software management and support landscape facing our clients and prospects; estimates of our total addressable market; the effects of seasonal trends on our results of operations, including the contract renewal cycles for vendor-supplied software support and managed services; the effects of the efforts of enterprise software vendors to sell upgrades or migrations to cloud-based versions of their enterprise software on our results of operations; our ability to scale our operations quickly enough to meet our clients' changing needs or decrease our costs adequately in response to changing client demand; risks arising from incorporating artificial intelligence ("AI") technologies into our products or services or any deficiencies associated with AI technologies used by us or by our third-party vendors and service providers; our ability to maintain, protect, and enhance our brand; the loss of one or more members of our management team and our ability to attract and retain additional qualified technical, sales and marketing personnel; our ability to expand our marketing and sales capabilities; our ability to avoid interruptions to, or degraded performance of, our services and the impact of any such interruptions or performance problems on our operations; our ability to defend against cybersecurity threats and to comply with data protection and privacy regulations; our expectations regarding new product offerings, innovation solutions, partnerships and alliance programs and our ability to develop and maintain strategic partnerships; our ability to expand internationally and the risks associated with global operations; our wind down of support services for Oracle's PeopleSoft software products and the impact on future period revenue and costs incurred related to these efforts; the continuing impact of and our ability to comply with the terms of our July 2025 settlement agreement with Oracle; the impact of macro-economic trends, including inflation and changes in foreign exchange rates, as well as general financial, economic, regulatory and political conditions affecting the industry in which we operate and the industries in which our clients operate; our ability to generate significant capital through our operations or to raise additional capital necessary to fund and expand our operations and invest in new services and products; our business plan and our ability to effectively secure and manage our growth and associated investments; risks relating to retention rates, including our ability to accurately predict retention rates; our ability to protect our intellectual property; our ability to maintain an effective system of internal control over financial reporting; changes in laws or regulations, including tax laws or unfavorable outcomes of tax positions we take; tariff costs; our ability to realize benefits from our net operating losses; any negative impact of environmental, social and governance ("ESG") matters on our reputation or business and the exposure of our business to additional costs or risks from our reporting on such matters; our credit facility's ongoing debt service obligations and financial and operational covenants on our business and related interest rate risk; the sufficiency of our cash and cash equivalents to meet our liquidity requirements; the volatility of our stock price; the amount and timing of repurchases, if any, under our stock repurchase program and our ability to enhance stockholder value through such program; our ability to maintain our good standing with the United States and international governments and capture new contracts with public sector entities; the occurrence of catastrophic events that may disrupt our business or that of our current and prospective clients; future acquisitions of, or investments in, complementary companies, products, subscriptions or technologies; and those discussed under the heading "Risk Factors" in Rimini Street's Quarterly Report on Form 10-Q filed on July 30, 2026, and as updated from time to time by Rimini Street's future Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other filings by Rimini Street with the U.S. Securities and Exchange Commission. In addition, forward-looking statements provide Rimini Street's expectations, plans or forecasts of future events and views as of the date of this communication. Rimini Street anticipates that subsequent events and developments will cause Rimini Street's assessments to change. However, while Rimini Street may elect to update these forward-looking statements at some point in the future, Rimini Street specifically disclaims any obligation to do so, except as required by law. These forward-looking statements should not be relied upon as representing Rimini Street's assessments as of any date subsequent to the date of this communication. © 2026 Rimini Street, Inc. All rights reserved. "Rimini Street" is a registered trademark of Rimini Street, Inc. in the United States and other countries, and Rimini Street, the Rimini Street logo, and combinations thereof, and other marks marked by TM are trademarks of Rimini Street, Inc. All other trademarks remain the property of their respective owners, and unless otherwise specified, Rimini Street claims no affiliation, endorsement, or association with any such trademark holder or other companies referenced herein. View source version on businesswire.com: https://www.businesswire.com/news/home/20261019039553/en/ Contacts Investor Relations Contact Dean Pohl Rimini Street, Inc. +1 (925) 523-7636 [email protected] Media Relations Contact Janet Ravin VP, Corporate Marketing Rimini Street, Inc. +1 (702) 285-3532 [email protected]

- Meta's earnings could offer fresh clues on Muse AI adoption, while Western Digital's results will shed light on memory demand. - Nscale faces investor pushback over its targeted $30 billion IPO valuation amid data center delays. - Nvidia, Cloudflare and Oracle will spotlight their latest AI and cloud computing developments. Third-quarter earnings season continues this week, with reports from Netflix (NFLX), Meta Platforms (META), International Business Machines (IBM), and Western Digital (WDC) expected to set the tone for the tech trade. Meta's report will be a key focus, with investors looking for fresh insights into its Muse AI tools, while Western Digital's results could offer clues on the durability of memory demand. Tech investors will also track product updates from Nvidia, Cloudflare and Oracle at their respective events. See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox Here are the key reports and events to watch out for: Nscale is reportedly facing opposition to the $30 billion valuation it seeks for its IPO, Bloomberg reported Sunday, citing people familiar with the matter. A group of investors has recently urged a valuation in the $16 billion to $19 billion range, which would be more likely to appeal to buyers. The report follows Microsoft, one of the company's biggest customers, pulling out of a UK data center deal after the site faced delays due to power constraints. Netflix (Oct. 20): Netflix will kick off consumer tech earnings this season. Third-quarter revenue is expected to rise 12% to $12.88 billion, and EPS is expected to rise 40% to $0.82 per share, according to Koyfin. Meta Platforms, IBM and LAM Research (Oct. 21): Investors will review Meta's report more closely than usual for comments on the adoption and updates for its Muse AI tools. The social media giant's revenue is expected to rise 24% to $63.39 billion, and EPS is expected to decline 7% to $6.76 per share. IBM's Q3 topline is expected to rise 3.3% to $16.84 billion and EPS to increase 8% to $2.87 per share. LAM Research's fiscal Q1 revenue is expected to rise 53% to $8.13 billion and EPS to increase 73% to $2.18 per share. Western Digital and Spotify (Oct. 22): Investors will look to Western Digital's report for clues on the durability of memory demand, a key focus for the semiconductor industry. Analysts expect fiscal Q1 revenue to rise 47% to $4.14 billion and EPS to increase 129% to $4.08 per share. For Spotify, Q3 revenue is expected to rise 17% to $5.59 billion and EPS to decrease 13% to $3.19 per share. Cloudflare Connect 2026 (Oct. 19–21, San Francisco): The event will focus on AI agents, cybersecurity and network infrastructure. Speakers include Cloudflare CEO Matthew Prince, AMD CTO Mark Papermaster and AI researcher Fei-Fei Li. Nvidia GTC Berlin (Oct. 20–22, Berlin): The event will cover AI infrastructure, robotics and accelerated computing. CEO Jensen Huang will deliver the keynote, alongside leaders from Mistral AI, Siemens and Deutsche Telekom. Oracle AI World (Oct. 25–28, Las Vegas): The event will showcase enterprise AI, AI agents and cloud computing. Nasdaq-100 Gainers | Nasdaq-100 Losers Intuit (up 7.4%) | Rocket Lab (down 25.5%) Paychex (up 7.4%) | Lumentum (down 25.3%) T-Mobile US (up 7.1%) | Nebius (down 25.2%) Last week, the Invesco QQQ Trust Series 1 (QQQ) fell 5.5% and the iShares Semiconductor ETF (SOXX) declined 11.8% – their worst weekly moves since March. The software-focused iShares Expanded Tech-Software Sector ETF (IGV) dropped 7.4%. For updates and corrections, email newsroom[at]stocktwits[dot]com. Read Next: INTC, AMD, MU, SNDK: US Chip Stocks Rebound After Worst Week Since March Yuvraj Malik has no position in any of the stocks mentioned in this article. StockTwits' news team content is for informational purposes only and is not intended as investment advice. For more, see our editorial policy. This article was originally published on StockTwits. Related: - MMM Stock Jumps Overnight: Amazon Could Own A Piece Of 3M If It Spends $6B On Its Data Center Products - Tesla Stock At $4,400? Cathie Wood's ARK Pins Hopes On Robotaxis, Sees SpaceX Merger In 5 Years - An Oil Refiner Is Beating Nvidia This Year: Analyst Thinks It Can Rally 16% More From Here

- The analyst said that it remains neutral heading into the Q3 results, although it views the stock as gaining market acceptance. - Bloom Energy is expected to post its Q3 print on Oct. 22 after market hours. - Meanwhile, Oracle said on Tuesday that Bloom Energy will remain the primary electricity provider for its Project Jupiter AI data center campus in Doña Ana County, New Mexico. Shares of Bloom Energy Corp. (BE) gained more than 1% in overnight trading late Tuesday, shortly after Oracle (ORCL) reaffirmed the company as its primary power source for a proposed energy service agreement with El Paso Electric for Project Jupiter. Meanwhile, Roth Capital hiked the price target on BE to $260 from $225 and maintained a 'Neutral' rating. The revised target, however, implies about a 1% downside from its last close. See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox The analyst said the stock remains neutral heading into the third-quarter (Q3) results, though it views the stock as gaining market acceptance, according to The Fly. Bloom Energy is expected to post its Q3 print on Oct. 22 after market hours. Roth Capital said Bloom Energy's current positioning and commercial momentum are unique in the company's history, but forward expectations factor in very large order flow and incremental capacity growth in future years. The analyst noted that the stock's valuation and the company's lack of transparency are keeping its view on the sidelines. Oracle said on Tuesday that Bloom Energy will remain the primary electricity provider for its Project Jupiter AI data center campus in Doña Ana County, New Mexico. In April, the hyperscaler announced that Bloom's fuel cell is expected to provide up to 2.45 gigawatts of installed power capacity at the site. Oracle's freshly proposed energy service agreement with El Paso Electric will cover electricity needs during late-stage construction, initial commissioning and emergency backup, with a separate proposal to provide up to $55 million annually in direct electricity bill credits for up to three years to El Paso Electric's residential and small business customers in New Mexico. The company reaffirmed that the arrangement does not change Bloom Energy's role as the campus's primary power source. On Stocktwits, retail sentiment around BE stock slipped from 'neutral' to 'bearish' territory over 24 hours amid 'normal' message volumes. Despite the falling sentiment, many retail investors continued to stay optimistic on the company's performance. One user said, "$BE It never fails, each time Bloom is scheduled to report earnings there is almost always a big drop within two weeks or less. Then panic selling takes place because of some fake headlines news or fabricated "potential " problems with Ai growth. Once the ET is released the SP explodes to the upside 25% or 35% within 48 hours. Know the game." Another user said, "$BE don't bet against bloom. Going to $600 this year." BE stock is up about 203% year-to-date. For updates and corrections, email newsroom[at]stocktwits[dot]com. Aashika Suresh has no position in any of the stocks mentioned in this article. StockTwits' news team content is for informational purposes only and is not intended as investment advice. For more, see our editorial policy. This article was originally published on StockTwits. Related: - MU Stock Edges Up Overnight: Elon Musk Says Micron Is Being 'Reasonable' On Memory Prices While Others Are 'Extortionate' - ACI Stock Heads For Worst Year Since 2022 As Albertsons Pulls Outlook: Exec Chair Says Company 'Must Move Faster' - ASTS Stock Bounces Overnight: Vodafone Questions SpaceX's Europe Push, AST Presses FCC On Spectrum

Leading Korean automotive parts manufacturer achieves 50% annual maintenance savings, improved service responsiveness and long-term stability for its highly customized SAP and Oracle environments LAS VEGAS, October 13, 2026--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), the Software Support and Agentic AI ERP Company™ and the leading third-party support provider for Oracle, SAP and VMware software, today announced continued success in its long-standing relationship with Pyung Hwa Holdings, a leading Korean automotive parts holding company. Through years of support for the company's SAP ECC 6 and Oracle Database environments, Rimini Street has helped Pyung Hwa Holdings, a supplier to major domestic automotive manufacturers and global OEM supply chains, cut annual maintenance costs by 50%, improve service responsiveness and avoid the cost, disruption and risk associated with unnecessary upgrades. Today, Pyung Hwa Holdings continues to rely on Rimini Support™ for its highly customized SAP and Oracle environments, citing improved operational efficiency, cost optimization and long-term IT flexibility as key outcomes of the partnership. "The first three years with Rimini Street have proven to be one of the best decisions made to support our objective of improving profitability and freeing up our talent for higher-value initiatives," said Sangwook Lee, director, head of information strategy, Pyung Hwa Holdings. "The quality of service, the value of the trusted partnership and our confidence in the long-term stability of our mission-critical SAP and Oracle Database environments are why we selected Rimini Street for another five years." Dependable, Quality Support for SAP and Oracle Database with One Trusted Partner Pyung Hwa Holdings runs a highly customized SAP ECC 6 platform across production planning, materials management, finance, controlling and human resources, with Oracle Database serving as the underlying data infrastructure. The environment supports centralized management across 17 subsidiaries, including 12 domestic and five overseas affiliates, making system stability, responsive support and Korea-specific expertise essential to daily operations. Before Rimini Street, Pyung Hwa Holdings faced high annual maintenance fees and inconsistent support value. The company needed faster issue resolution, deeper expertise for its customized SAP and Oracle environments and practical guidance for Korea-specific requirements, including year-end HR tax settlement processing. After validating the third-party software support model through discussions with existing Rimini Street clients in Korea, Pyung Hwa Holdings moved forward with Rimini Street and gained more responsive service, lower maintenance costs and greater flexibility to direct IT talent and budget toward transformation priorities. With Rimini Street, Pyung Hwa Holdings continues to run stable, highly customized SAP and Oracle systems on its own business-led timeline, without being pulled into a vendor-mandated upgrade or migration path. The company can extend the life and value of its current enterprise systems while preserving capital, IT resources and operational focus for higher-value initiatives. "Rimini Street helped us break free from vendor pressure to upgrade and establish IT strategies aligned with our business requirements and operational environments," said Lee. Savings and Stability Create Opportunities for Growth By reducing maintenance costs and increasing operational flexibility, Pyung Hwa Holdings has been able to redirect resources toward smart manufacturing, advanced data analytics and AI-driven quality management. Looking ahead, the company plans to gradually introduce capabilities such as AI-based predictive maintenance, digital twins and production optimization, while expanding R&D investments in hydrogen fuel cell and electric vehicle components. "Pyung Hwa Holdings' experience demonstrates the value organizations can achieve when they have a technology partner focused on delivering measurable, meaningful business outcomes for their clients," said Hyungwook "Kevin" Kim, GVP and regional general manager, Korea, Rimini Street. "For years, we've provided Pyung Hwa Holdings the responsive support, deep expertise and stability needed to help maximize the value of their SAP and Oracle investments. We are proud of the trust we have earned and the strong relationship we can continue to build together." "Our relationship with Rimini Street has consistently delivered measurable value through responsive support, system stability and significant cost savings," said Lee. "With a partner that understands our environment and business priorities, our team can stay focused on initiatives that drive long-term business success." Learn more about how Pyung Hwa Holdings is funding innovation with Rimini Support™. About Rimini Street, Inc. Rimini Street, Inc. (Nasdaq: RMNI), a Russell 2000® Company, is a proven, trusted global provider of end-to-end, mission-critical enterprise software support, managed services and innovative Agentic AI ERP solutions, and is the leading third-party support provider for Oracle, SAP and VMware software. The Company has signed thousands of IT service contracts with Fortune Global 100, Fortune 500, midmarket, public sector and government organizations who have leveraged the Rimini Smart Path™ methodology to achieve better operational outcomes, billions of US dollars in savings and fund AI and other innovation. To learn more, please visit www.riministreet.com, and connect with Rimini Street on X, Facebook, Instagram, and LinkedIn. Forward-Looking Statements Certain statements included in this communication are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as "anticipate," "assume," "believe," "budget," "continue," "could," "currently," "estimate," "expect," "forecast," "future," "intend," "may," "might," "outlook," "plan," "possible," "goal," "potential," "predict," "project," "reflect," "results," "seem," "seek," "should," "will," "would" and other similar words, phrases or expressions. These forward-looking statements include, but are not limited to, statements regarding our expectations of future events, future opportunities, global expansion and other growth initiatives and our investments in such initiatives. These statements are based on various assumptions and on the current expectations of management and are not predictions of actual performance, nor are these statements of historical facts. These statements are subject to a number of risks and uncertainties regarding Rimini Street's business, and actual results may differ materially. These risks and uncertainties include, but are not limited to our ability to attract new clients or retain and/or sell additional products or services to existing clients; our ability to achieve and maintain an adequate rate of revenue growth; cost of revenue, including changes in costs associated with our efforts to grow and the results of any efforts to manage costs to align with current revenue expectations and the expansion of our offerings; the effects of increased intense competition in our industry and our ability to compete effectively; our ability to successfully educate the market regarding the advantages of our support and managed services for ERP software and to sell the products and services comprising our "Rimini Smart Path™" solutions portfolio, including but not limited to our Agentic AI ERP solutions; our intentions with respect to our pricing model and expectations of client savings relative to use of other providers; the evolution of the ERP software management and support landscape facing our clients and prospects; estimates of our total addressable market; the effects of seasonal trends on our results of operations, including the contract renewal cycles for vendor-supplied software support and managed services; the effects of the efforts of enterprise software vendors to sell upgrades or migrations to cloud-based versions of their enterprise software on our results of operations; our ability to scale our operations quickly enough to meet our clients' changing needs or decrease our costs adequately in response to changing client demand; risks arising from incorporating artificial intelligence ("AI") technologies into our products or services or any deficiencies associated with AI technologies used by us or by our third-party vendors and service providers; our ability to maintain, protect, and enhance our brand; the loss of one or more members of our management team and our ability to attract and retain additional qualified technical, sales and marketing personnel; our ability to expand our marketing and sales capabilities; our ability to avoid interruptions to, or degraded performance of, our services and the impact of any such interruptions or performance problems on our operations; our ability to defend against cybersecurity threats and to comply with data protection and privacy regulations; our expectations regarding new product offerings, innovation solutions, partnerships and alliance programs and our ability to develop and maintain strategic partnerships; our ability to expand internationally and the risks associated with global operations; our wind down of support services for Oracle's PeopleSoft software products and the impact on future period revenue and costs incurred related to these efforts; the continuing impact of and our ability to comply with the terms of our July 2025 settlement agreement with Oracle; the impact of macro-economic trends, including inflation and changes in foreign exchange rates, as well as general financial, economic, regulatory and political conditions affecting the industry in which we operate and the industries in which our clients operate; our ability to generate significant capital through our operations or to raise additional capital necessary to fund and expand our operations and invest in new services and products; our business plan and our ability to effectively secure and manage our growth and associated investments; risks relating to retention rates, including our ability to accurately predict retention rates; our ability to protect our intellectual property; our ability to maintain an effective system of internal control over financial reporting; changes in laws or regulations, including tax laws or unfavorable outcomes of tax positions we take; tariff costs; our ability to realize benefits from our net operating losses; any negative impact of environmental, social and governance ("ESG") matters on our reputation or business and the exposure of our business to additional costs or risks from our reporting on such matters; our credit facility's ongoing debt service obligations and financial and operational covenants on our business and related interest rate risk; the sufficiency of our cash and cash equivalents to meet our liquidity requirements; the volatility of our stock price; the amount and timing of repurchases, if any, under our stock repurchase program and our ability to enhance stockholder value through such program; our ability to maintain our good standing with the United States and international governments and capture new contracts with public sector entities; the occurrence of catastrophic events that may disrupt our business or that of our current and prospective clients; future acquisitions of, or investments in, complementary companies, products, subscriptions or technologies; and those discussed under the heading "Risk Factors" in Rimini Street's Quarterly Report on Form 10-Q filed on July 30, 2026, and as updated from time to time by Rimini Street's future Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other filings by Rimini Street with the U.S. Securities and Exchange Commission. In addition, forward-looking statements provide Rimini Street's expectations, plans or forecasts of future events and views as of the date of this communication. Rimini Street anticipates that subsequent events and developments will cause Rimini Street's assessments to change. However, while Rimini Street may elect to update these forward-looking statements at some point in the future, Rimini Street specifically disclaims any obligation to do so, except as required by law. These forward-looking statements should not be relied upon as representing Rimini Street's assessments as of any date subsequent to the date of this communication. © 2026 Rimini Street, Inc. All rights reserved. "Rimini Street" is a registered trademark of Rimini Street, Inc. in the United States and other countries, and Rimini Street, the Rimini Street logo, and combinations thereof, and other marks marked by TM are trademarks of Rimini Street, Inc. All other trademarks remain the property of their respective owners, and unless otherwise specified, Rimini Street claims no affiliation, endorsement, or association with any such trademark holder or other companies referenced herein. View source version on businesswire.com: https://www.businesswire.com/news/home/20261013917596/en/ Contacts Janet Ravin VP, Corporate Marketing Rimini Street, Inc. +1 702 285-3532 [email protected]

- Microsoft plans to scale its Azure Maia chip deployments starting in 2027, with Maia 300 expected to enter production deployments that year. - Microsoft, Marvell and Oracle formed an Open Compute Project working group to develop an open specification for integrated hardware security in cloud data centers. - Earlier, Deutsche Bank analyst Brad Zelnick raised his price target to $600 from $550 while maintaining a 'Buy' rating. The move was part of the firm's first-quarter earnings preview. Microsoft (MSFT) is drawing investor attention after Barclays raised its price target on the stock to $600 from $512 while maintaining an 'Overweight' rating. Barclays adjusted the target as part of its third-quarter software earnings preview, and said the quarter "should start showing more differentiation in software," according to The Fly. See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox MSFT shares were trading 1.5% higher at the time of writing on Tuesday. Microsoft's market capitalization reached $4.02 trillion at Monday's close, surpassing the $4 trillion threshold for the first time since October 2025. Barclays' latest note follows analyst updates from Deutsche Bank and Phillip Securities on Monday, according to The Fly. Deutsche Bank analyst Brad Zelnick raised his price target to $600 from $550 while maintaining a 'Buy' rating. The move was part of the firm's first-quarter earnings preview. Phillip Securities downgraded Microsoft to 'Neutral' from 'Accumulate' and set a $515 price target, citing the recent re-rating of the shares. Microsoft, Marvell Technology (MRVL) and Oracle (ORCL) announced on Tuesday that they have established a working group under the Open Compute Project (OCP) to develop an open specification for an integrated hardware security module (HSM) for cloud and hyperscale data centers. The proposed solution is designed to support secure cryptographic key caching and key lifecycle management at the server level. The companies said the approach aims to reduce latency, improve scalability and strengthen cloud workload security. The working group plans to define an open specification incorporating a hardware security boundary, key vault and attestation chain directly into servers. The companies are targeting an initial draft for the October 2026 OCP Global Summit, with version 1.0 to follow. On Monday, Microsoft announced plans to scale its Azure Maia family to multi-gigawatt deployments starting in 2027. The company said Maia 200 is already serving production workloads, including Microsoft Copilot, while Maia 300 is expected to begin production deployments in 2027. Microsoft said it expects Maia 300 to deliver 40% more tokens per megawatt than leading GPU-based systems. Microsoft is expected to report its fiscal first-quarter (Q1) 2027 results after the closing bell on Oct. 28, 2026. According to Fiscal AI, analysts expect earnings of around $4.72 per share on revenue of approximately $90.4 billion. Retail sentiment on Stocktwits remained in 'bearish' territory, while message volume was 'normal' and the participation ratio was 'extremely high' over the past 24 hours. One Stocktwits user believes it's time to book profits in MSFT stock. Another Stocktwits user believes AI could put pressure on software companies more broadly. MSFT shares are up more than 13% year to date. Also read: SpaceX Starlink Mobile Push Prompts Bernstein To Cut VZ, TMUS, CMCSA, CHTR Stocks' Price Targets For updates and corrections email [email protected] Heera Hari has no position in any of the stocks mentioned in this article. StockTwits' news team content is for informational purposes only and is not intended as investment advice. For more, see our editorial policy. This article was originally published on StockTwits. Related: - BE Stock Rises Overnight After Oracle Reaffirms Project Jupiter Role: Analyst Hikes Price Target On Gaining Market Acceptance Ahead Of Q3 Results - MU Stock Edges Up Overnight: Elon Musk Says Micron Is Being 'Reasonable' On Memory Prices While Others Are 'Extortionate' - ACI Stock Heads For Worst Year Since 2022 As Albertsons Pulls Outlook: Exec Chair Says Company 'Must Move Faster'

- Nebius Group surged 8% on its Inferize acquisition despite a 197x trailing P/E, while CoreWeave gained 4% on shared AI capacity demand. - Broader AI funds SKYY and QQQ each gained under 1%, keeping the rally concentrated in pure-play AI infrastructure names. - Nebius Group's $38 billion in contracted obligations underpins its bull case, but continuous capital raising means valuation and funding needs feed each other. - Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor) Nebius Group (NASDAQ:NBIS) stock carries a trailing twelve-month price-to-earnings ratio of 197x, a level that makes the shares hard to own on conventional terms. Shares of Nebius Group are up 9% to $254 in afternoon trading following a small artificial intelligence (AI) inference deal that came with no disclosed price. A gain of that scale on an undisclosed sum shows the market is pricing Nebius stock on contracted future demand, with trailing profit playing a minor role. Meanwhile, CoreWeave (NASDAQ:CRWV) stock is up 4% to $90.76, moving in step with a peer built on the same rented-capacity model. CRWV stock and NBIS stock often trade as a pair, because both companies sell AI computing capacity under long-term contracts. Oracle (NYSE:ORCL) stock is up 3% to $146.28, a modest advance for the one name in the group with a large software business behind its expansion. Fund-level gains are far smaller, with the First Trust Cloud Computing ETF (NASDAQ:SKYY) up 0.7%. The Invesco QQQ Trust (NASDAQ:QQQ) is up 0.5%, which keeps the rally concentrated in the companies that sell AI computing capacity. A privately held startup named Inferize, founded this year, built technology to cut graphics processing unit (GPU) idle time, and Nebius as now acquired it. Spare capacity stays on for demand spikes. That standby hardware on platforms running AI models costs money while producing nothing, a drain Nebius calls the idle GPU tax. If you've saved over $1,000,000, this guide is for you. The last thing you want in retirement is to run out of money, you want your money to generate lasting income while you enjoy your life. Now you can learn the strategies wealthy retirees use to fund their retirement with The Definitive Guide to Retirement Income from Fisher Investments. Download the guide today! (sponsor) Danila Shtan is chief technology officer at Nebius. He stated on October 4, "Running inference well takes more than fast GPUs and optimized models." In Shtan's framing, the whole system has to respond when demand changes, and that gap is what Inferize was built to close. Nebius holds $37.5 billion in remaining performance obligations from long-term committed capacity contracts with large technology companies. That is a claim on future revenue that trailing earnings can't capture, and the bull case rests on it. The catch is that those contracts require continuous capital raising, so the valuation and the funding need feed each other. Like Nebius, CoreWeave funds its hardware with debt ahead of contracted revenue, so CoreWeave stock climbing alongside Nebius fits the pattern. A shift in funding conditions could pressure both stocks at once. Oracle sells the same capacity from inside a large established software business, whose earnings carry the expansion, and that buffer helps explain why Oracle stock is gaining less than the two pure plays. Capital raising remains the swing factor for Nebius, because each new contract adds hardware that must be financed before it produces revenue, and shareholders could look for signs that the Inferize technology reduces GPU idle time enough to stretch each dollar raised. For CoreWeave, the same tension applies, while Oracle can lean on its software earnings. Fresh capacity contracts from any of the three companies are worth watching for. Nebius stock offers a direct claim on contracted AI demand at a valuation that leaves little margin for error. Careful calibration of holdings is warranted given the 197x trailing multiple and the steady capital raising the company needs to deliver on its contracts. Oracle stock gives a steadier path into the same expansion, backed by an established earnings base. If you've saved over $1,000,000, this guide is for you. The last thing you want in retirement is to run out of money, you want your money to generate lasting income while you enjoy your life. Now you can learn the strategies wealthy retirees use to fund their retirement with The Definitive Guide to Retirement Income from Fisher Investments. Download the guide today! (sponsor) Contact [email protected] for any questions or corrections.

To keep the AI trade moving up and to the right on the charts, third quarter earnings season from hyperscalers like Oracle (ORCL) and Amazon (AMZN) need to deliver on one important front: another quarter of accelerating cloud computing adoption to show the AI boom is far from peaking. "Last quarter, the hyperscalers reported accelerating cloud revenue growth and large revenue backlogs that signaled the monetization of their capex investments. Explicit management commentary discussing those returns complemented the strong results," Goldman Sachs strategist Ben Snider said in a new note. "Our equity analysts expect the trend of accelerating cloud revenue growth will continue this quarter, with year over year growth increasing from 48% in Q2 to 55% in Q3. Continued signs of AI capex monetization will be important both for the performance of the hyperscalers and for the outlook for capex growth." Read more: 'AI or bust:' Tech trade powered stocks through volatile September Micron (MU) offered an early validating sign last week that hyperscaler cloud sales could be in line with what the likes of Goldman Sachs and others on the Street want to see this earnings season. The main headline is that the memory chipmaker beat sales and profit forecasts for the quarter, driven by voracious demand from the AI boom. Guidance was also strong. Consider this: Micron added about $43 billion in sales in the most recent quarter compared to the year-ago quarter. That's massive. Operating margins exploded in all business segments. Execs told analysts on the earnings call that high chip prices and tight capacity would be the name of the game through 2028. "We believe expectations for tightening supply-demand conditions through both 2027 and 2028 meaningfully extend the industry's runway for strong pricing and earnings growth, addressing a key investor concern that current fundamentals represent a cyclical peak," D.A. Davidson analyst Gil Luria said. Brian Sozzi is Yahoo Finance's Executive Editor, host of the Sozzi Unleashed morning show and the Power Players with Brian Sozzi podcast, and a member of Yahoo Finance's editorial leadership team. Follow Sozzi on X @BrianSozzi, Instagram, and LinkedIn. Tips on stories? Email [email protected]. Click here for in-depth analysis of the latest stock market news and events moving stock prices Read the latest financial and business news from Yahoo Finance

Chicago, IL – September 28, 2026 – Zacks.com releases the list of companies likely to issue earnings surprises. This week's list includes Nvidia NVDA, Micron MU, Alphabet GOOGL, Oracle ORCL and Adobe ADBE. What Will Q3 Earnings Season Show? The overall setup remains very favorable as we look ahead to the Q3 earnings season. The expectation is that S&P 500 earnings will increase by +23.9% from the same period last year, the 8th straight quarter of double-digit earnings growth for the index. The Tech sector remains a major growth contributor, but momentum is broad-based, with 14 of the 16 Zacks sectors on track for positive earnings growth in Q3. Importantly, the revisions trend remains positive and broad-based, highlighting a steadily improving outlook. As noted earlier, the revisions trend has been positive, sustaining the favorable trend in place for almost a year.  This positive revisions behavior is not a new development; it extends a tailwind that has been building for nearly a year. The positive revisions were initially concentrated in Technology and, more recently, Energy following Middle East supply disruptions. However, for Q3 2026, the constructive estimate revisions have broadened significantly, rising across 8 of the 16 Zacks sectors—including Transportation, Finance, Aerospace, Industrials, Utilities, and Autos alongside Tech and Energy. On the negative side, Q3 estimates have been under pressure for these 8 sectors since the quarter got underway – Conglomerates, Basic Materials, Consumer Staples, Consumer Discretionary, Medical, Business Services, Retail, and Construction. It is important to note that estimates for 2026 Q4 and full-year 2027 have also been trending higher lately. Sector Focus: Broad-Based Strength Q3 earnings are expected to be above the year-earlier level for 14 of the 16 Zacks sectors, with 6 sectors expected to enjoy double-digit growth. The Conglomerates and Consumer Staples sectors are the only ones expected to have lower earnings in Q3 relative to the same period last year, with Conglomerates earnings expected to be down –35.4% and Consumer Staples earnings expected to be down -0.2%. The 6 sectors expected to enjoy double-digit earnings growth in Q3 are Aerospace (up +159.5%), Energy (+111.5%), Tech (+41.9%), Basic Materials (+29.6%), Transportation (+14.9%) and Industrial Products (+13.2%). Q3 earnings growth for the S&P 500 index drops to +19.9% from +23.9% once the Energy sector's contribution is excluded from the index. Excluding the Tech sector, Q3 earnings growth for the rest of the index drops to +14.4%. Nvidia, Micron and Alphabet have been enjoying a record earnings run in recent quarters, and that performance continues in Q3 as well. Nvidia's Q3 earnings are expected to increase +90% year-over-year on +91.2% higher revenues, while the year-over-year earnings and revenue growth for Micron is expected to be +938% and +349.5%, respectively. Importantly, both companies are enjoying a steadily improving outlook, with analysts consistently raising their estimates. We should keep in mind that Micron is scheduled to report quarterly results for its fiscal quarter ending in August on Wednesday, September 30th. Unlike Nvidia and Micron, Alphabet's Q3 earnings are expected to be up only +2.1% from the same period last year on +27.2% higher revenues. Q3 earnings growth for the Tech sector gets cut by slightly more than half once contributions from Nvidia, Alphabet, and Micron are excluded. Q3 Earnings Season Scorecard The Q3 earnings season will get the spotlight when the big banks report on October 13th, but the reporting cycle actually got underway with the September 10th quarterly releases from Oracle and Adobe. The Oracle and Adobe reports were for these Tech companies' fiscal quarters ending in August, which get counted as part of the September-quarter tally. Including Oracle and Adobe, we now have such Q3 results from 9 S&P 500 members. We have 7 additional index members on deck to report their fiscal August-quarter results this week, including Nike, Micron, Accenture, and others. Total Q3 earnings for the 9 S&P 500 members that have reported results already are up +16.3% from the same period last year on +11% higher revenues, with 66.7% beating EPS estimates and an equal proportion beating revenue estimates. For a detailed view of the evolving earnings picture, please check out our weekly Earnings Trends report here >>>> Earnings Outlook Remains Upbeat: A Closer Look  Why Haven't You Looked at Zacks' Top Stocks? Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Join us on Facebook:  https://www.facebook.com/ZacksInvestmentResearch/ Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Media Contact Zacks Investment Research 800-767-3771 ext. 9339 [email protected] https://www.zacks.com Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer. Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Micron Technology, Inc. (MU) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Oracle Corporation (ORCL) : Free Stock Analysis Report Adobe Inc. 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Oracle awarded co-founder Larry Ellison and its newly minted co-CEOs stock option packages with a combined grant-date value of $988 million in fiscal 2026, a year that saw its cloud business boom and shares post a 38% total return. By the time the fiscal year ended on May 31, every one of those options were underwater.  The decline is unsurprising, given Oracle stock's volatile year and the fact that the options were priced near the peak. Oracle, alongside other mega-cap tech companies, has been racing to finance and build data centers while splashing out $55.7 billion in capital last fiscal year along the way. On Friday, Oracle stock closed at $137, down 53% in the past 12 months. The company's proxy statement published on Friday marked the decline among all three packages, noting that their awards "had no intrinsic value" at fiscal year end. The strike prices on the options, meaning the price at which the options can be cashed in, are higher than the current price of Oracle's stock.  Ellison's award was valued at $117.8 million when it was granted in October and carries a strike price of $280, while the exercise price for co-CEOs Clay Magouyrk and Mike Sicilia is $308. Magouyrk and Sicilia got their packages—valued at $621.7 million and $248.7 million, respectively—just days after their September 2025 promotions. The duo succeeded ex-CEO Safra Catz, who remains as executive vice chair. The stock needs to more than double for Magouyrk and Sicilia to cash in on their options.  Conversely, new Chief Financial Officer Hilary Maxson, appointed in April 2026, opted into a new program Oracle rolled out in fiscal 2026. Under the "Equity Choice Program," executives can choose to get their time-based equity in the form of 100% stock options, 100% restricted stock units, or a 50-50 mix of stock options and RSUs.  If you choose stock options, you get four times the number of options as the number of RSUs that would have been granted because stock options are only worthwhile if the stock goes up. The rub, however, is that if the stock tumbles as it has been, those options are completely out of the money. (Oracle values its options differently from other firms, treating four options as a single share. Its own figures add up to a total of $400 million for Ellison, Magouyrk, and Sicilia.) Maxson was hired with a roughly $30 million total pay package, including a $26 million equity award and chose to put $10.4 million into RSUs, according to Oracle's disclosures. The shares were worth $12.7 million at fiscal year end, and have dropped to $7.7 million based on Friday's stock close. The rest of her award is in options priced at $185, which are also underwater. Catz, chief legal officer Stuart Levey, and operations chief Douglas Kehring all opted for RSUs while global field operations president Mark Hura chose options. The reason for the size of the awards, according to Oracle, is the competitive hiring market for veteran cloud and AI leaders. In its proxy statement, Oracle told investors the fact that Ellison and the co-CEOs' options had no intrinsic value means the plan is working as intended. Stock options, which have largely disappeared among publicly traded Fortune 500 companies in favor of performance shares and RSUs, "are strongly performance-based," Oracle board stated in the report.  "The Compensation Committee did not take any special actions to compensate executives for potential losses in stock option value," the company wrote.  Meanwhile, despite the volatility and sliding stock price, cloud revenue rose 39% to $34 billion, cloud infrastructure revenue grew 77% to $18.1 billion and overall revenue was up 17% to $67.4 billion. Remaining performance obligations ballooned to $638 billion by fiscal year-end compared to $138 billion last fiscal year.  However, the company's 10-K notes that free cash flow was negative $23.7 billion and Oracle sold $43 billion of senior notes. During the summer, Oracle sold $20 billion of stock at $141 a share. In turn, investors have been punishing the stock. Bloomberg reported this week that Oracle's decision to invoke force majeure on a New Mexico data center sent the cost of insuring its debt against default to a record.  Still, the fiscal 2026 results were enough to secure some cash for Ellison and the co-CEOs. All three got $4.9 million in cash bonuses. Ellison even got a raise, going from a base salary of $1 to $950,000, the same as Magouyrk and Sicilia.  It hasn't been as fun a time for Oracle employees, however. Oracle has cut staff via layoffs, and the majority of its outstanding options company-wide are also underwater. Total compensation of Oracle's median global employee was $94,740 in fiscal 2026, down from $98,899 in fiscal 2025.  Oracle did not immediately respond to a request for comment. Shareholders will vote on its pay plan on Nov. 18. This story was originally featured on Fortune.com