Oracle (ORCL) has been on a solid run. Over the past six months, ORCL stock has soared 100%, making it one of the best-performing large-cap technology names. The catalyst behind this rally in Oracle ...
Oracle on Monday named insiders Clay Magouyrk and Mike Sicilia as co-CEOs, replacing Safra Catz, who was instrumental in shaping the company's cloud strategy and thrusting it to the forefront of the ...
Oracle has seen its revenue take off in recent times thanks to demand for AI capacity. The company already hosts TikTok’s U.S. data -- a new agreement could represent additional revenue opportunities.
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 ...
(Bloomberg) — For anyone concerned that artificial intelligence is fueling a bubble in technology stocks, Oracle Corp. (ORCL) has entered the conversation. Shares of the database software company have ...
Oracle is establishing itself as a key player in the artificial intelligence sector, securing contracts with major tech companies. The company announced its future "world headquarters" will be located ...
Oracle may safeguard US TikTok data, addressing security concerns. Complex US-China deal keeps TikTok operational without full divestment. The deal tests US-China tech trust, digital sovereignty, and ...
Oracle raised $18 billion in a debt offering that was upsized from an earlier $15 billion target due to strong demand, said a person familiar with the deal. The offering includes bonds maturing as far ...
Ellison owns over 40% of Oracle and has largely benefited from the stock’s rapid rise in recent years. Oracle’s capital-intensive approach to cloud infrastructure is risky and takes buy-in from key ...
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