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Shares of Oracle (NYSE:ORCL) rose about 13% to a 52-week high of $199 on Thursday after posting stronger-than-expected earnings and revenue for its fiscal fourth quarter. Wall Street analysts ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
17h
ET BrandEquity on MSNOracle shares soar as AI cloud demand propels revenue forecastOracle's shares jumped nearly 8% after the company raised its revenue forecast driven by strong demand for AI cloud services.
Larry Ellison's net worth surged by $26 billion, elevating him to the world's second-richest person with $243 billion, surpassing Jeff Bezos and Mark Zuckerberg. The steep rise in his net worth came ...
Oracle is set to deploy an AI cluster with up to 131,072 of AMD's new MI355X GPUs. The company has also made its Nvidia GB200 ...
CoreWeave will reportedly provide some of the computing capacity to OpenAI under the recent deal between the AI company and ...
Oracle revised its annual revenue forecast upward to at least $67 billion for fiscal year 2026. This implies a 16.7% year-on-year growth, compared to its earlier projection of 15%.
Artificial Intelligence (AI) is expected to contribute over $96 billion to the UAE's GDP by 2031, with annual growth projected between 2 ...
Kam Thindal of Core Capital Partners unpacks Nvidia’s record earnings, the rise of sovereign AI infrastructure, and why AI ...
OpenAI seeks funds from Saudi Arabia's PIF and India's Reliance Industries for AI development and Stargate project ...
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