Oracle (ORCL) stock jumped over 36% Wednesday to a new record close after the software giant said its AI-fueled cloud revenue ...

Oracle is soaring as investors cheer its aggressive data-center forecast as a positive sign for AI demand.

Ellison, 81, whose net worth is largely derived from his 41% stake in Oracle, saw his fortune rise by about $100 billion to ...

The deal is one of the largest cloud contracts ever signed, reflecting how spending on AI data centers is hitting new highs despite mounting concerns over a potential bubble.

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 ...