Shares in Oracle soared Wednesday after a blowout quarter in which the tech company won hundreds of billions of dollars of future artificial-intelligence-related business. Shares jumped by as much as ...

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.

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 ...

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 ...

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 chairman Larry Ellison is the newly minted richest person on earth. Ellison dethroned Tesla CEO Elon Musk as his net worth soared more than $100 billion in a single day. He can thank Oracle's ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Oracle (NYSE:ORCL) ignited the stock market after ...

Oracle's stock surge has pushed co-founder Larry Ellison's net worth higher by tens of billions of dollars the last two days and puts him ahead of Tesla CEO Elon Musk as the richest person in the ...

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 ...

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 ...