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The Latest Breaking News from Safra Catz

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

Analysts reboot Oracle stock price targets after earnings

Here's what could happen next to Oracle shares.

The Street

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.

Kiplinger

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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.

TechRadar

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.

Fortune

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

Analysts overhaul Oracle stock price targets as shares hit record high

Legacy software group Oracle has reinvented itself into a cloud computing leader thanks to the surge in AI investment.

The Street

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Midday stock movers: Apple, Oracle, Alibaba

Here are the stocks making the biggest market moves.

The Street

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.

Kiplinger

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.

Fortune

Analyst updates Oracle stock price target after earnings

Here's what could happen next to Oracle shares.

The Street

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.

TechRadar

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.”

Fortune

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.

Kiplinger

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TechRadar

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.

TechRadar

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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news in one place.

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The Street

Analysts revamp Oracle price targets after Q3 earnings and Nvidia deal tease

Oracle CEO Safra Catz teased 'very nice announcements' with Nvidia over the coming days.

StockNews.com

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.

The Street

Oracle Stock Touches Record as AI Bets Drive Earnings and Outlook

'[Our] two strategic cloud businesses are getting bigger -- and growing faster," boding well for a strong fiscal 2024, the CEO said.

The Street

The 6 Biggest Mergers and Acquisitions of 2022

Volatility in the markets can cause companies to think hard about taking risks, but even so, M&A activity has been been plentiful this year.

The Street

Oracle Stock Holds Firm As Cerner Lifts Q1 Cloud Sales, Adds To Solid 2023 Outlook

"We continue to expect organic revenue growth in our cloud business will accelerate substantially," said CEO Safra Catz.

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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