Oracle’s meteoric rise continues to defy expectations. With a 36% surge following its latest earnings and a cumulative 3x gain since early 2023, the enterprise software giant is rewriting the playbook ...
Oracle Corp. (NYSE:ORCL) released its first-quarter results after Tuesday's closing bell. Here's a look at the details in the report. See what is driving the ORCL stock movement here. The Details: ...
OpenAI signed a contract with Oracle ORCL-1.71%decrease; red down pointing triangle to purchase $300 billion in computing power over roughly five years, people familiar with the matter said, a massive ...
The funding covers more than half of the A.I. data centers that OpenAI plans to build in the U.S. over the next several years. By Cade Metz Reporting from San Francisco OpenAI has signed a deal with ...
Larry Ellison has grown $200 billion richer this year thanks to Oracle's stock surge. Oracle shares soared 42% on Wednesday after the software giant projected big revenue growth. The one-day surge ...
Oracle Corp. fell short of expectations with its latest revenue and earnings Tuesday, but that didn’t matter to Wall Street in light of the big numbers the company revealed about its future. Oracle ...
What fueled the stock surge was Oracle's aggressive growth outlook tied to AI and cloud demand. "MultiCloud database revenue from Amazon, Google and Microsoft grew at the incredible rate of 1,529% in ...
Oracle has more than $455 billion in remaining performance obligations (RPO) at the end of its first quarter of fiscal year 2026. Speaking at the company's earnings call on September 9, CEO Safra Catz ...
OpenAI Commits $300B to Oracle in Risky Cloud Pact Your email has been sent Oracle has landed a $300 billion OpenAI deal, among the largest in cloud history. The agreement, reported by The Wall Street ...
Larry Ellison has become the world's richest person, overtaking Elon Musk, after Oracle shares soared by over a third on Wednesday, Bloomberg's Billionaire Index showed. The boom in artificial ...
Producer prices fall unexpectedly in August Oracle's forecast boosts chipmakers, power supply companies Barclays, Deutsche Bank raise S&P 500 2025 year-end target S&P 500 +0.30%, Nasdaq +0.03%, Dow -0 ...
According to the WSJ, their five-year deal starts in 2027. According to the WSJ, their five-year deal starts in 2027. is a NYC-based AI reporter and is currently supported by the Tarbell Center for AI ...