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 ...
Oracle Corp. (NYSE:ORCL) released its first-quarter results after Tuesday's closing bell. Here's a look at the details in the report. See what is driving the ORCL stock movement here. The Details: ...
Oracle Corp. is in discussions with Meta Platforms Inc. for a cloud computing deal worth about $20 billion, providing further evidence that the company has become a significant infrastructure provider ...
Safra Catz replaced as CEO after 11-year tenure Catz credited with steering AI strategy Cloud execs Clay Magouyrk and Mike Sicilia appointed as co-CEOs New co-CEOs underscore cloud importance, ...
Oracle cofounder Larry Ellison has wrested the title of the world’s richest person from longtime holder Elon Musk. On Wednesday, as stock in Ellison’s software giant rocketed more than a third in a ...
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 ...
The Wall Street Journal reported that an investor consortium including Oracle ORCL, Silver Lake, and Andreessen Horowitz is finalizing a deal to hold a roughly 80% stake in the new entity that ...
(Bloomberg) — Oracle Corp. (ORCL) would recreate and provide security for a new US version of TikTok’s algorithm under a deal taking shape to sell the popular Chinese-owned app to a consortium of ...
Elon Musk is no longer the world’s richest person. Oracle founder Larry Ellison has leapfrogged over the Tesla CEO to claim the top spot for the first time, following a breathtaking surge in the tech ...
TikTok’s US operations would be acquired by a consortium that includes Oracle Corp., Andreessen Horowitz and private equity firm Silver Lake Management LLC under a deal President Donald Trump is set ...
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 ...