News

Oracle (ORCL 1.50%) stock popped 36% in response to a massive increase in customer orders for Oracle's cloud services. Oracle ...
OpenAI and Oracle reportedly signed a deal that includes OpenAI buying $300 billion of compute over a five-year span.
Oracle shares rose about 40% on Wednesday after the company pointed to a demand surge for its cloud services from AI firms, ...
The Journal says Oracle has a much greater debt load relative to its cash holdings than Microsoft, Amazon and Meta. Its ...
Oracle has landed a $300 billion OpenAI deal, among the largest in cloud history. The agreement, reported by The Wall Street ...
Oracle is soaring as investors cheer its aggressive data-center forecast as a positive sign for AI demand.
Following the first-quarter report, major news outlets reported that a gigantic deal with OpenAI was behind a big chunk of ...
The deal is one of the largest cloud contracts ever signed, reflecting how spending on AI data centers is hitting new highs ...
Oracle's overall revenue increased 12% to $14.93 billion, which missed the $15.04 billion analyst consensus by less than 1%.
In the late 1970s, a startup founded by Larry Ellison and two fellow computer programmers got a big break in the form of a CIA contract to build a database program code-named Oracle, which later ...
Ellison, 81, whose net worth is largely derived from his 41% stake in Oracle, saw his fortune rise by about $100 billion to ...
Cloud computing giant Oracle is laying off 101 employees in Seattle, less than a month after reducing its local workforce.