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 (ORCL) stock jumped over 36% Wednesday to a new record close after the software giant said its AI-fueled cloud revenue is set to jump to $144 billion by its 2030 fiscal year. That marks a ...
Oracle is laying off more workers in Washington state. The cloud and database giant is laying off 101 employees in Seattle, according to a new filing with the Washington state Employment Security ...
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 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 ...
Oracle Corp. fell short of expectations with its latest revenue and earnings Tuesday, but that didn’t matter to Wall Street in light of the big numbers the company revealed about its future. Oracle ...
Oracle Corp. 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 ...
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 ...
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Oracle's market standing. Stay informed and make data-driven decisions ...
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 ...
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