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Oracle shares jump on multibillion-dollar OpenAI cloud contract, driving record earnings. Analysts warn Oracle risks overreliance as 90% of backlog tied to single AI client. OpenAI spending $300B on ...

Ellison's net worth second to Musk's amid Oracle's rise Oracle's shares outperform S&P 500 this year Oracle's AI cloud business drives stock surge Sept 11 (Reuters) - Oracle (ORCL.N), opens new tab ...

Wall Street closed mixed on Wednesday, pulled up by tech and utilities stocks. Two of the market’s main indexes hit new highs after producer prices posted an unexpected decline, further boosting hopes ...

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 ...

OpenAI today confirmed that it has signed an agreement to purchase computing infrastructure worth $300 billion from Oracle Corp. over a period of roughly five years, as part of its previously ...

Although Oracle ORCL posted mixed results for its fiscal first quarter on Tuesday evening, the cloud provider's infusion of AI products, services, and applications has wowed investors. Citing ...

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 ...

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 ...

Elon Musk briefly lost his title of “world’s richest person” title to Oracle cofounder Larry Ellison. Ellison’s wealth jumped by $89 billion to $383.2 billion on Wednesday after Oracle’s stunningly ...