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 ...
Why Oracle Stocks Rose So Much? Software giant Oracle Corp shares zoomed 36 per cent on Wednesday on account of the company’s strong growth outlook, particularly in its cloud infrastructure and ...
Oracle cofounder, CTO and Executive Chairman Larry Ellison speaks during a news conference with President Trump at the White House on Jan. 21 in Washington, D.C. (Andrew Harnik/Getty Images) Oracle ...
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Why Oracle Is a No-Brainer Growth Play Now
Oracle projects cloud infrastructure revenue will explode from $10 billion to $144 billion by 2030, outpacing AWS and Azure at comparable stages. The company's $455 billion backlog and ...
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 ...
Ellison, the chief executive of Oracle, saw his fortune surge by a massive $101 billion as of 10:10 a.m. New York time. On Wednesday, Oracle shares rallied, logging their best day since 1999, after ...
ETMarkets.com Oracle stock surged 41% on AI healthcare push, boosting Larry Ellison’s wealth past Elon Musk, as YTD gains topped 100% amid heavy trading volumes. Oracle Corporation shares surged 41% ...
Larry Ellison has become the world’s richest person for the first time, displacing Elon Musk after a historic jump in his fortune tied to Oracle Corp.’s spectacular stock rally. Ellison’s net worth ...
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 (ORCL) shares skyrocketed this week after posting powerful fiscal first quarter earnings, the cloud-based AI company's gains driving market growth. Is this all signaling that investors should ...
The market rally slowed on Wednesday with most stocks ending the day lower–yet the S&P 500 managed to clinch another record. The S&P 500 ended 0.3% higher, building on its high from Tuesday. The ...
Oracle (NYSE:ORCL) became the tenth most valuable company in the S&P 500 after its shares closed nearly 36% higher at $328.33 on Wednesday. During the trading hours, the company's share hit a record ...
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