As concerns surrounding the dangers of climate change and the use of fossil fuels continue to soar, New York has been a ...
Oracle share price surged 36% after the company projected strong revenue growth in the coming years. The shares jumped 35.95% to $328.33 per share, marking their biggest single-day gain since 1992.
Larry Ellison and Elon Musk are trading the title of the richest person on the planet. Ellison took the crown on Wednesday as Oracle stock surged, but Musk reclaimed it by the end of the day. Oracle ...
OpenAI has struck a landmark deal with Oracle to buy $300 billion in computing power over five years, highlighting both the explosive rise of AI and the growing financial risks around it. People ...
Oracle projects cloud infrastructure revenue will explode from $10 billion to $144 billion by 2030, outpacing AWS and Azure at comparable stages. The company's $455 billion backlog and ...
Oracle expects its cloud infrastructure revenue to explode over the next five years, thanks to mega-deals for artificial intelligence (AI) computing capacity. Capital spending will have to explode as ...
Oracle's stock surged 36% after reporting record future revenue obligations. Jefferies sees more upside, lifting its stock price target to $360 on cloud and AI growth. Analysts point to Oracle's ...
Larry Ellison briefly soared past Elon Musk as the world’s richest person for the first time as shares in Oracle surged more than 40% on Wednesday. Ellison, who co-founded Oracle and now serves as ...
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 ...
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. The catalyst wasn’t a flashy product rollout or a surprise earnings beat — in ...
Shares in Oracle gained 36% yesterday (10 September) following a blowout earnings report that revealed a huge partnership with ChatGPT-maker OpenAI. Track all markets on TradingView Oracle’s latest ...