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The Latest Breaking News from Safra Catz

Waiting For Stargate Liftoff: Oracle Eyes Megaproject To Restart Stock Rally

The massive Stargate project is capturing attention and dividing investors.

Investors Business Daily

Larry Ellison’s Oracle just reported $130 billion in future contracts—which doesn’t include even a single transaction from Stargate

Larry Ellison’s Oracle just reported $130 billion in future contracts—which doesn’t include even a single transaction from Stargate

CEO Safra Catz said the tech giant scored cloud agreements with OpenAI, xAI, Meta, Nvidia, and AMD.

Oracle Stock Slips As Earnings Miss Overshadows Growing AI Demand

Oracle Stock Slips As Earnings Miss Overshadows Growing AI Demand

Oracle stock gained despite an earning miss as the tech giant touted AI demand and gave a strong sales outlook.

Investors Business Daily

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Inspirational Quotes: Safra Catz, Arthur Ashe And Others

Read inspirational quotes about holding an expansive mindset, enjoying the ups and downs of life and assembling cohesive teams.

Investors Business Daily

Oracle AI Push Lands Meta As Customer. But Stock Falls On Narrow Earnings Miss.

Oracle stock fell on an earnings miss but analysts highlighted continued momentum for it AI push.

Investors Business Daily

Oracle Stock Is Sinking After Earnings. Here's Why

Oracle stock is lower Tuesday after the tech giant fell short of earnings expectations for its fiscal second quarter. This is what you need to know.

Meta signs major AI deal to train Llama on Oracle Cloud

Oracle Cloud is the chosen cloud computing service for Meta as it looks to train and deploy its Llama AI models.

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From Jensen Huang to Elon Musk: The biggest wealth gainers of 2024 have added $585 billion to their fortunes

From Jensen Huang to Elon Musk: The biggest wealth gainers of 2024 have added $585 billion to their fortunes

Elon Musk led the way, with the world's richest man adding $119 billion to his fortune.

How Oracle Got Its Mojo Back. What's Behind The AI Cloud Push Powering Its 80% Stock Gain.

How Oracle Got Its Mojo Back. What's Behind The AI Cloud Push Powering Its 80% Stock Gain.

Oracle stock has rallied 80% this year, with the enterprise tech giant emerging as an AI favorite for Wall Street.

Investors Business Daily

Is Oracle Stock a Buy After Earnings Beat, Amazon Alliance?

Is Oracle Stock a Buy After Earnings Beat, Amazon Alliance?

Oracle stock is rallying Tuesday after the tech firm beat earnings expectations and announced a new AWS partnership. Here's what you need to know.

Oracle CEO Safra Catz steps down from Disney's board after Ellisons' $28 billion Paramount-Skydance deal

Oracle CEO Safra Catz steps down from Disney's board after Ellisons' $28 billion Paramount-Skydance deal

Billionaire Larry Ellison is helping to fund the two-step merger.

Oracle is shutting down its advertising business despite millions in revenues

Oracle is shutting down its advertising business despite millions in revenues

Although annual revenue was measured in the millions, that's down from billions, and Oracle has decided to close its ad business.

Larry Ellison's fortune grows $14 billion overnight, making him the seventh-richest person on earth

Larry Ellison's fortune grows $14 billion overnight, making him the seventh-richest person on earth

As Oracle shares hit record highs after it reveals “largest contracts in our history.”

Oracle Stock Soars on OpenAI, Google Deals, Strong Outlook

Oracle Stock Soars on OpenAI, Google Deals, Strong Outlook

Oracle stock is trading higher as the software firm's new AI deals and upbeat outlook offset an earnings miss. Here's what you need to know.

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Oracle confirms Microsoft is using its cloud infrastructure to support OpenAI

Oracle reveals half of a data center under construction by the company will be dominated by Microsoft.

Investors Business Daily

Oracle Earnings Today. Analysts Watching Cloud, AI Push

Oracle is set to report earnings in a difficult climate for software stocks. Here's what Oracle stock analysts are watching.

Oracle CEO claims its main mission is to "advance humanity"

Digital and cloud migration, including emerging technologies like AI, will help to “advance humanity,” says Oracle CEO.

Investors Business Daily

Oracle's Cloud, AI Momentum Is Winning Over Wall Street

Oracle stock won a pair of upgrades following a strong earnings report on Monday. The company's cloud push is gaining steam.

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Anticipating ORCL Earnings: Is Oracle a Buy?

Since the dawn of groundbreaking generative AI platforms, software titan Oracle Corp (ORCL) has surged forward, rapidly expanding its cloud and generative AI services to challenge industry frontrunners. Given this outlook, with the company’s fiscal 2024 third-quarter earnings on the horizon, would it be wise to invest in this stock?…

Investors Business Daily

Can Oracle Cash-In On The AI Cloud 'Gold Rush'?

Oracle stock has been up-and-down in the back half of 2023, as investors debate how much AI can boost its cloud-computing business.

Tribune News Service

Oracle's Larry Ellison can win lawsuit even if he loses

Oracle Corp. Chairman Larry Ellison is slated to testify in a lawsuit in which a loss could still result in a windfall for the company he co-founded and holds a 40% stake in.

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