Oracle Corporation's rally was fueled by multiple expansion, not just earnings, as investors bet on Oracle’s unique position.
Have a look at the above chart and you'll see that if you invested $1,000 in Oracle stock 20 years ago, today your stake would be worth about $29,000 – good for an annualized total return of 18.2%.
In the context of accelerating domestic substitution, enterprises are increasingly focused on migration costs and practical implementation effects when selecting databases. This article focuses on ...
Blake has over a decade of experience writing for the web, with a focus on mobile phones, where he covered the smartphone boom of the 2010s and the broader tech scene. When he's not in front of a ...
NEW YORK--(BUSINESS WIRE)--Personetics, the global leader in AI-driven Cognitive Banking, today announced the launch of Personetics MCP Server, which enables banks to develop and deploy Agentic AI ...
Dow futures slipped 0.2%, while S&P 500 futures edged up 0.2% and Nasdaq futures hovered just above flat. Oracle (ORCL) is surging more than 30% premarket on booming AI demand, with GameStop and ...
Oracle Corp., parent company of India-listed Oracle Financial Services Ltd., surged as much as 30% in pre-market trading on Wednesday, September 10, after the company reported a major increase in ...
Oracle reported results that fell short of Wall Street's expectations. However, the company's backlog exploded higher, sending the stock into orbit. Oracle stock has seen a commensurate increase in ...
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 ...