Yahoo Finance Live co-host Josh Lipton previews the biggest stories and headlines due out next week, including earnings from Oracle (ORCL), Adobe (ADBE), and Costco (COST), inflation data, the Federal Reserve's December FOMC meeting, and Yahoo Finance's "Company of the Year" winner. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
From fiscal 1993 to fiscal 2023 (which ended this May), the database software giant's annual revenue grew at a compound annual growth rate (CAGR) of 12% from $1.5 billion to $50 billion, while its net income increased at a CAGR of 16% from $98 million to $8.5 billion. Three strategies drove Oracle's steady growth. First, it maintained its early mover's advantage and dominance of the database software market.
The Oracle of Omaha has put more than $286 billion of his company's invested assets to work in a half-dozen brand-name businesses.