Oracle Corp ORCL shares are moving higher in extended trading on Thursday after President Donald Trump signed an executive ...
Oracle ORCL stock rose 4% on reports of $20 billion cloud deal talks with Meta for AI infrastructure services.
Wall Street's "AI trade" has propelled the market to record highs this year, and Oracle's stunning share-price gains are giving investors another reason to back the trade.
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. OpenAI has agreed to lease 4.5 gigawatts of computing power from Oracle in a deal worth about $30bn a year that ...