Oracle: The Backlog Explosion And What Comes Next

Oracle Corporation's rally was fueled by multiple expansion, not just earnings, as investors bet on Oracle’s unique position.
InfoQ

MySQL AI Introduced for Enterprise Edition

Oracle has recently announced MySQL AI, a new set of AI-powered capabilities available exclusively in the MySQL Enterprise edition, targeting analytics and AI workloads in large deployments. Concerns ...
CNET

OpenAI Needs Data Centers So Much, It Signed a $300B Deal With Oracle

Blake has over a decade of experience writing for the web, with a focus on mobile phones, where he covered the smartphone boom of the 2010s and the broader tech scene. When he's not in front of a ...
Benzinga.com

Oracle Surges In After-Hours Trading After Popping 36%, Larry Ellison Briefly Becomes Richest Person

Oracle Corp. (NYSE:ORCL) shares are trending on Thursday. Check out the current price of ORCL stock here. The Texas-based company surged 35.95% in the regular trading session on Wednesday and gained ...
Business Insider

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

Oracle's stock surged as much as 43% on Wednesday, hitting a record high. Investors responded positively to an aggressive forecast for Oracle's cloud-computing business. The company is showing Wall ...
Investing

Oracle secures $300 billion cloud contract from OpenAI - WSJ

Investing.com -- OpenAI has signed a contract to purchase $300 billion in computing power from Oracle over approximately five years, according to a report from the Wall Street Journal, citing people ...
RTE Online

Oracle shares jump on $500 billion cloud revenue prospects

Oracle shares soared about 29% before the bell today after the enterprise software company forecast booked revenue from its core cloud business to exceed half a trillion dollars over the next few ...
scmp.com

Oracle shares surge 26% on cloud growth and OpenAI energy deal

Oracle surged to a record high in extended trading after the company posted a major increase in bookings and gave an aggressive outlook for its cloud infrastructure business. Known for its database ...
Benzinga.com

Oracle Stock Rockets On $455 Billion Revenue Pipeline: Here's What Wall Street Is Buzzing About

What fueled the stock surge was Oracle's aggressive growth outlook tied to AI and cloud demand. "MultiCloud database revenue from Amazon, Google and Microsoft grew at the incredible rate of 1,529% in ...
Morningstar

Oracle Earnings: Skyrocketing AI Data Center Demand Fuels Outlook

Oracle’s ORCL remaining performance obligations for the first quarter increased 359% to $455 billion, primarily due to expanding relationships with large language model providers. Management also ...
The New York Times

OpenAI Signs $300 Billion Data Center Pact With Tech Giant Oracle

The funding covers more than half of the A.I. data centers that OpenAI plans to build in the U.S. over the next several years. By Cade Metz Reporting from San Francisco OpenAI has signed a deal with ...