News

Oracle projects $144 billion in cloud revenue by 2030, boosts capex 65% to $35 billion

CNBC's MacKenzie Sigalos joins 'Fast Money' with the latest from Oracle's investor call after hitting a record high stock ...

Why Oracle Is a No-Brainer Growth Play Now

Oracle's stock just surged 30% overnight as Wall Street realizes this isn't your father's database company anymore.

Jim Cramer Says Oracle's $455 Billion Backlog Is Because Of Stargate Project: 'Who Else Would Be Placing Those Orders'

Jim Cramer attributes Oracle's monumental $455 billion backlog to the 'Stargate' AI infrastructure project, questioning the ...
The American Bazaar3d

Oracle layoffs delivered via Zoom in ‘project update’ meetings

Oracle’s recent layoffs have shaken thousands of employees in India and the U.S., highlighting the human toll of ...

Oracle Stock Skyrockets as CEO Projects AI-Driven Cloud Revenue to Reach $144 Billion by 2030

In a bold declaration, Oracle Corporation (ORCL) has seen its stock price surge over 20% in after-hours trading following the announcement from CEO Safra Catz that the company's AI-powered cloud ...

Oracle stock soars after CEO says AI-fueled cloud revenue set to jump to $144 billion

Oracle ( ORCL) is set to report its fiscal first-quarter earnings Tuesday after the bell, with Wall Street expecting a 30% ...
CIO Dive3d

Oracle trumpets $6M private data center amid AI spending blitz

The company added $10 billion to its capital investment plans for the fiscal year, reaching $35 billion, CEO Safra Catz said ...

Larry Ellison briefly topples Elon Musk as world’s richest man after Oracle stock surges

An $88.5 billion single-day gain pushed Ellison’s fortune to $383 billion, just shy of Musk’s $384 billion, according to the ...