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.

In the late 1970s, a startup founded by Larry Ellison and two fellow computer programmers got a big break in the form of a CIA contract to build a database program code-named Oracle, which later ...

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 ...

Oracle said on Tuesday it expects booked revenue at its Oracle Cloud Infrastructure business to exceed half a trillion dollars, boosted by growing demand for its relatively low-cost cloud ...