Oracle's stock soared after a report of a cloud contract with OpenAI and an optimistic forecast for its AI-driven cloud infrastructure. The company projects aggressive eight-fold growth in cloud ...

Oracle’s stock dropped another 5% on Wednesday after reports that a major investor pulled out of a $10 billion data center deal over concerns about the company’s debt. It was the latest blow in a ...

Oracle's stock price surged in September because the company forecast an ambitious plan to grow Oracle Cloud Infrastructure (OCI) revenue over 14-fold, from around $10 billion in fiscal 2025 to $144 ...

Oracle (NYSE: ORCL) will soon reach a trillion-dollar valuation, driven by the impact of AI on business operations. Once a bulky, cumbersome shackle, data has become a treasure trove for businesses, ...

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 ...

‘People are running out of inferencing capacity,’ Oracle CTO and co-founder Larry Ellison said. Oracle missed expectations for its latest quarterly performance but blew away analysts with $455 billion ...