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Oracle soars on AI cloud growth as customers race to secure computing capacity

Oracle shares rose about 40% on Wednesday after the company pointed to a demand surge for its cloud services from AI firms, ...

Oracle spikes 43% as blockbuster forecast cements it as a major player in the AI race

Oracle is soaring as investors cheer its aggressive data-center forecast as a positive sign for AI demand.

Oracle’s Ellison Eyes ‘Multi-Trillion-Dollar’ AI Inference Market

Oracle co-founder Larry Ellison believes the real breakthrough for AI will come from inference, which has potential in fields ...

Oracle soars on AI cloud gains, Ellison closes in on Musk as world's richest

Ellison, 81, whose net worth is largely derived from his 41% stake in Oracle, saw his fortune rise by about $100 billion to ...

Oracle Skyrocketed Based on Its AI Outlook. Is It Too Late to Buy the Stock?

Oracle's overall revenue increased 12% to $14.93 billion, which missed the $15.04 billion analyst consensus by less than 1%.

AI Chip Stocks Gain After Oracle Earnings And Mega Cloud Deals

Artificial intelligence chipmakers saw strong momentum this week as corporate earnings, cloud computing contracts, and ...

Larry Ellison is back on top, 48 years after he co-founded Oracle

Fortune magazine wondered on its cover whether Oracle co-founder Larry Ellison might become the world's richest person, while ...

Oracle Is Turning Into an AI Monster, but Risks Remain

Artificial intelligence (AI) is now changing everything. Demand for AI infrastructure is exploding, with tech giants and ...