Oracle is raising $15B through a multi-part bond sale, including a rare 40-year note, to fund cloud infrastructure deals with ...
Oracle shares surged about 43% to a record high last night, putting the company on track to join the elite trillion-dollar club and propelling co-founder Larry Ellison closer to the top of the world's ...
OpenAI has struck a landmark deal with Oracle to buy $300 billion in computing power over five years, highlighting both the explosive rise of AI and the growing financial risks around it. People ...
Oracle's stock surged 36% after reporting record future revenue obligations. Jefferies sees more upside, lifting its stock price target to $360 on cloud and AI growth. Analysts point to Oracle's ...
Oracle has signed what may be the largest-ever cloud contract with OpenAI. How could that shake up the cloud and genAI landscape? A single $300 billion contract has seemingly transformed Oracle from a ...
Want more stock market and economic analysis from Phil Rosen directly in your inbox? Subscribe to Opening Bell Daily’s newsletter. Only in the AI era can a 48-year-old company add $200 billion in ...
OpenAI today confirmed that it has signed an agreement to purchase computing infrastructure worth $300 billion from Oracle Corp. over a period of roughly five years, as part of its previously ...
According to the WSJ, their five-year deal starts in 2027. According to the WSJ, their five-year deal starts in 2027. is a NYC-based AI reporter and is currently supported by the Tarbell Center for AI ...
Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.
Oracle's stock surged as much as 43% on Wednesday, hitting a record high. Investors responded positively to an aggressive forecast for Oracle's cloud-computing business. The company is showing Wall ...