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Oracle is soaring as investors cheer its aggressive data-center forecast as a positive sign for AI demand.
OpenAI and Oracle reportedly signed a deal that includes OpenAI buying $300 billion of compute over a five-year span.
Oracle shares surged about 43% to a record high on Wednesday, putting the company on track to join the elite trillion-dollar club and propelling co-founder Larry Ellison closer to the top of the world ...
Oracle shares rose about 40% on Wednesday after the company pointed to a demand surge for its cloud services from AI firms, ...
Oracle shares soared about 29 per cent before the bell on Wednesday after the enterprise software company forecast booked ...
The vast majority of new revenue revealed by Oracle will come from OpenAI deal, sources say.
Oracle’s stock hit a record high in August, and with today’s after-hours gains it’s very close to beating that. In the year ...
IT buyers like the operational flexibility that the public cloud provides. Capital expenditures go away. OpEx becomes predictable. Resources are available on-demand, with near-endless scalability.
Oracle shares soared about 33% before the bell on Wednesday after the company pointed to a demand surge for its cloud ...
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