Sept 9 (Reuters) - (This Sept 9 story has been corrected to say that Oracle's shares have risen 45% so far this year, not more than 107%, in paragraph 4) Oracle (ORCL.N), opens new tab said on Tuesday ...
STORY: Shares of Oracle skyrocketed more than 40% Wednesday morning to hit a record high, after the company said it was seeing a surge in demand for its cloud services from AI firms. The huge jump in ...
Oracle said on Tuesday it expects booked revenue at its Oracle Cloud Infrastructure business to exceed half a trillion dollars, boosted by growing demand for its relatively low-cost cloud ...
Oracle Corp. missed Wall Street’s expectations as it delivered its latest financial results today, but nobody cared because it said it’s anticipating future revenue growth that’s far in excess of the ...
Oracle has signed what may be the largest-ever cloud contract with OpenAI. How could that shake up the cloud and genAI landscape? A single $300 billion contract has seemingly transformed Oracle from a ...
If you own Oracle (ORCL) or are thinking about adding to your position, the company’s latest moves in healthcare might have caught your attention. Oracle just signed a high-profile deal with NYC ...
Sept 10 (Reuters) - Oracle (ORCL.N), opens new tab shares surged about 43% to a record high on Wednesday, putting the company on track to join the elite trillion-dollar club and propelling co-founder ...
(Reuters) - Oracle shares retreated on Thursday after a record AI-driven surge in the previous session that brought the company closer to the trillion-dollar mark and put co-founder Larry Ellison ...
In April 2009, Oracle Corp. made what at the time looked like a bad deal. Or at least that was the conventional wisdom. It announced that it was buying Sun Microsystems Inc. for $7.4 billion, or $5.6 ...
Oracle's stock surged as much as 43% on Wednesday, hitting a record high. Investors responded positively to an aggressive forecast for Oracle's cloud-computing business. The company is showing Wall ...
Oracle (ORCL) stock jumped over 36% Wednesday to a new record close after the software giant said its AI-fueled cloud revenue is set to jump to $144 billion by its 2030 fiscal year. That marks a ...