(Reuters) -Oracle raised its annual revenue growth forecast on Wednesday, betting on robust demand for its cloud offerings from companies deploying artificial intelligence, sending its shares up more ...
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 ...
Oracle is on its way to becoming the best cloud for AI and high-performance computing. Oracle multicloud is cutting networking complexity and reducing data transfer latency. OpenAI will need to raise ...
OracleORCL stock jumped late Wednesday after the enterprise technology giant reported fiscal fourth-quarter results that topped expectations. The company's leaders also said they expect their fiscal ...
(Reuters) -Oracle shares surged 14% to breach the $200-mark for the first time on Thursday, after the company raised its annual revenue forecast, driven by strong demand for its AI-related cloud ...
Oracle Corp. missed Wall Street’s expectations as it delivered its latest financial results today, but nobody cared because it said it’s anticipating future revenue growth that’s far in excess of the ...
Wouldn’t it be funny if Larry Ellison, who has become the elder statesman of the datacenter, had the last laugh on the cloud builders and model builders by beating them at their own game? That these ...
Oracle is rapidly expanding data center capacity with a $25B capital outlay, positioning itself as a leading enterprise cloud and AI infrastructure provider. Enterprise adoption of GenAI and agentic ...
The Bank of England's project to migrate its core business systems to Oracle Cloud has seen its cost more than triple from an initial £7 ...