Oracle is set to transform into a top-tier cloud infrastructure player after securing a $300 billion, five-year deal with OpenAI. The "Stargate" project will see ORCL deliver massive AI data center ...
On Monday, September 22, Oracle's stock surged over 6% following a significant leadership change. The company announced that CEO Safra Catz will transition to Executive Vice Chair, and the CEO role ...
Oracle is reportedly looking to raise funds just weeks after the company inked a historic AI infrastructure deal with OpenAI. Cloud infrastructure giant Oracle is looking to raise $15 billion through ...
Nisha Gopalan is a former Senior Overnight Assignment Editor for Investopedia News. She is an award-winning financial journalist who has worked in London, where she is currently based, and Hong Kong.
Oracle on Monday named insiders Clay Magouyrk and Mike Sicilia as co-CEOs, replacing Safra Catz, who was instrumental in shaping the company’s cloud strategy and thrusting it to the forefront of the ...
Oracle (ORCL) is the latest mega-cap tech name putting up truly outstanding returns on the promise of artificial intelligence (AI), but long-time shareholders know ORCL stock has been a market-beating ...
Safra Catz replaced as CEO after 11-year tenure Catz credited with steering AI strategy Cloud execs Clay Magouyrk and Mike Sicilia appointed as co-CEOs New co-CEOs underscore cloud importance, ...
Rothschild & Redburn analyst Alex Haissl initiated Oracle stock with a sell rating this morning. Haissl's $175 price target implies Oracle stock will fall 40% over the next 12 months. Oracle could ...
Clay Magouyrk and Mike Sicilia say they’ll lead Oracle ‘into the AI era.’ Clay Magouyrk and Mike Sicilia say they’ll lead Oracle ‘into the AI era.’ is a news writer focused on creative industries, ...
(Bloomberg) --Oracle Corp. sold $18 billion US investment-grade bonds on Wednesday, the market’s second-largest deal this year, as the software maker ramps up its spending to meet the needs of the ...
Oracle is establishing itself as a key player in the artificial intelligence sector, securing contracts with major tech companies. The company announced its future "world headquarters" will be located ...