OracleORCL stock gained early Thursday after it was upgraded to positive overweight by analysts at Piper Sandler. Shares of the enterprise technology giant rallied last week after Oracle disclosed it ...

Larry Ellison's net worth has increased by more than $75 billion this year, largely due to Oracle ramping up its position in the artificial intelligence market. The company signed deals with companies ...

Parnassus Investments, an investment management company, released the “Parnassus Value Equity Fund” third quarter 2024 investor letter. A copy of the letter can be downloaded here. In the third ...

Oracle shares dropped almost 7%, their steepest decline in a year, following the database software vendor's disappointing earnings report. The stock's worst day of 2024 had been a 5.4% decline in May.

Oracle has announced a major expansion of its partnership with AMD, positioning itself to be the first hyperscaler to offer a publicly available AI supercluster powered by 50,000 AMD Instinct MI450 ...

Oracle differentiates from its competition by offering customers a unique and flexible cloud infrastructure service. Per recent filings, the company just signed a new cloud deal for $30 billion in ...

Magouyrk, who was appointed as Oracle’s co-CEO last month, told CNBC in an interview on Monday that “of course” OpenAI can afford the $60 billion annual cloud services bill. "Just look at the rate at ...

Shares of Dell and Oracle have pulled back, but AI is going to give their businesses a nice lift. Oracle's revenue pipeline has improved as customers use its cloud infrastructure for their AI models.