Oracle (ORCL) shares cooled off in Thursday's session after going on a tear and jumping 36% yesterday in reaction to the AI cloud company's strong fiscal first quarter earnings. Epistrophy Capital ...

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A deal to prevent a US TikTok ban is now in place. The app’s algorithm will be copied, overseen by Oracle, and retrained using only American user data. This new, separate system addresses national ...

Oracle's cloud business is experiencing surging customer demand for AI computing power. The company believes its customer contracts could exceed a half-trillion dollars. Oracle founder Larry Ellison ...

ABILENE, Texas (Reuters) -OpenAI, Oracle and SoftBank on Tuesday announced plans for five new artificial intelligence data centers in the United States to build out their ambitious Stargate project. U ...

Quarterly-filed Form 13Fs offer a way for investors to track which stocks and trends are piquing the interest of Wall Street's brightest money managers. Billionaire David Tepper has sold shares of ...

Oracle expects its cloud infrastructure revenue to explode over the next five years, thanks to mega-deals for artificial intelligence (AI) computing capacity. Capital spending will have to explode as ...

The optimism was echoed by analysts. Piper Sandler’s Brent Bracelin maintained an Overweight rating and raised the price forecast from $270 to $330, highlighting Oracle’s transformation from a ...

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Oracle CEO Safra Catz worked her magic on Wall Street yesterday, as the company’s share price soared on the back of upgraded $500 billion expectations for its cloud infrastructure business as the AI ...