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A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. The catalyst wasn’t a flashy product rollout or a surprise earnings beat — in ...
Oracle stock jumped after blowout Q1 results as Wall Street raised forecasts, citing surging AI demand and record $455B backlog. Analysts said Oracle is becoming the go-to AI infrastructure player, ...
Sept 10 (Reuters) - Oracle (ORCL.N), opens new tab shares surged about 43% to a record high on Wednesday, putting the company on track to join the elite trillion-dollar club and propelling co-founder ...
Shares in Oracle soared Wednesday after a blowout quarter in which the tech company won hundreds of billions of dollars of future artificial-intelligence-related business. Shares jumped by as much as ...
Oracle CTO Larry Ellison has overtaken Elon Musk to become the richest man in the world, according to the Bloomberg Billionaires Index. Ellison added $101 billion to his wealth on Wednesday morning at ...
OpenAI signed a contract with Oracle ORCL-5.09%decrease; red down pointing triangle to purchase $300 billion in computing power over roughly five years, people familiar with the matter said, a massive ...
Ellison's net worth second to Musk's amid Oracle's rise Oracle's shares outperform S&P 500, trading at premium Oracle's AI cloud business drives stock surge Sept 11 (Reuters) - Oracle's shares dipped ...
In his decades-long career in tech journalism, Dennis has written about nearly every type of hardware and software. He was a founding editor of Ziff Davis’ Computer Select in the 1990s, senior ...
This price reflects trading activity during the overnight session on the Blue Ocean ATS, available 8 PM to 4 AM ET, Sunday through Thursday, when regular markets are closed. Chart does not reflect ...
The artificial-intelligence trade was alive and well Wednesday after Oracle fiscal first-quarter earnings pointed to surging demand for AI computing vendors.
Earnings call Oracle delivered Q1 FY26 revenue of $14.9B, up 11% YoY, with cloud infrastructure revenue accelerating 54% YoY. Remaining performance obligations soared to $455B, up 359% YoY. Management ...