BNP Paribas: Software reseller survey shows positive signals; Oracle (ORCL.US) is ushering in a "remarkable inflection point"

Zhitong Finance APP has learned that the latest software reseller survey released by BNP Paribas shows that, partly aided by generative artificial intelligence (GenAI), Oracle (ORCL.US) is at a "notable inflection point." Analyst Stefan Slowinski said in a note to clients that software reseller survey results improved in Octoberafter a decline in Julywith the European market performing particularly well. The analyst added that Oracle's tracked spending score (covering spending over the past three months) rose "surprisingly," while Adobe (ADBE.US) had the lowest score, and Zoom's (ZM.US) survey results also deteriorated.