The new sites will boost Stargate’s planned capacity to nearly 7 gigawatts—about equal to the output of seven large nuclear ...

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'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 ...

Larry Ellison has become the world's richest person, overtaking Elon Musk, after Oracle shares soared by over a third on Wednesday, Bloomberg's Billionaire Index showed. The boom in artificial ...

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 ...

Equinor (NYSE:EQNR) chairman Jon Erik Reinhardsen said that the business has an "open-mind" regarding its collaboration with Danish wind developer Ørsted A/S (OTCPK:DNNGY) (OTCPK:DOGEF), including the ...

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 ...

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 ...

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 ...

Elon Musk has been booted from his spot as the world's richest person, according to Bloomberg's latest ranking. That title now belongs to Oracle cofounder Larry Ellison, who moves into the spot after ...