Oracle: Its Valuation Is Not Traditionally Cheap, But The Shares Are Still Very Attractive

Discover why Oracle is a top buy, fueled by AI infrastructure growth and a $455B backlog. Click here to read my most recent ...

How AMD, Nvidia, Broadcom Can Ride Oracle’s $455B Cloud Surge

It’s no surprise that this exceptional guidance caused shares of Nvidia, Broadcom, and AMD to climb between 2% and 10%, as ...

Oracle could hit again: Meta talks could lead to $20 billion AI cloud deal

Oracle is negotiating a multiyear agreement with Meta that could be valued at roughly $20 billion, people familiar with the ...
Stratechery

Oracle Pops, From Databases to AI, Oracle and OpenAI

Oracle’s stock sky-rocketed after reporting massive future performance obligations, mostly from OpenAI. It’s a big risk, but ...
CNN

Oracle’s sudden AI stardom is giving 1999 energy

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 ...

The Oracle Of AI Or Waiting For An OpenAI Disaster? (Rating Upgrade)

Oracle's $300B OpenAI data center deal and surging remaining performance obligations signal significant future revenue ...
MarketWatch

As Oracle’s stock falls in the wake of Stargate developments, here’s one big question for investors

You have to spend money to make money, and that’s a key concept for Oracle Corp. investors now. The company ORCL is helping OpenAI boost its artificial-intelligence data-center capacity, and analysts ...
Business Insider

Oracle is giving Wall Street numbers it can bet on as Larry Ellison's tech giant becomes investors' new favorite AI play

This post originally appeared in the Business Insider Today newsletter. You can sign up for Business Insider's daily newsletter here. Good morning. Today marks the 24th anniversary of the terrorist ...
Healthcare IT News

Oracle initiates new workforce reductions in Kansas City

An unspecified number of Oracle employees reportedly received layoff letters on Sept. 2, including many who came to the company with its 2021 acquisition of Cerner. A number of Oracle employees based ...
Wall Street Journal

Oracle, OpenAI Sign $300 Billion Cloud Deal

OpenAI signed a contract with Oracle ORCL-1.71%decrease; red down pointing triangle to purchase $300 billion in computing power over roughly five years, people familiar with the matter said, a massive ...
Fast Company

Oracle lays off thousands—or more—globally amid rapid AI shifts

Employees at tech giant Oracle are facing down a fresh round of layoffs this month, the latest bad news out of an industry that’s either booming or brutal, depending on whom you ask. The company has ...
The New York Times

OpenAI Signs $300 Billion Data Center Pact With Tech Giant Oracle

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 ...