Oracle on Monday named insiders Clay Magouyrk and Mike Sicilia as co-CEOs, replacing Safra Catz, who was instrumental in shaping the company’s cloud strategy and thrusting it to the forefront of the ...

Oracle is shaking up its executive suite as it sets its sights on AI infrastructure dominance. The company announced Monday that it is promoting Clay Magouyrk and Mike Sicilia to co-CEO roles.

Oracle is on its way to becoming the best cloud for AI and high-performance computing. Oracle multicloud is cutting networking complexity and reducing data transfer latency. OpenAI will need to raise ...

Oracle (ORCL) stock edged up 1.5% on Tuesday after media outlets reported the software giant would be part of the US and China's preliminary TikTok deal. Treasury Secretary Scott Bessent said at a ...

OpenAI signs $300 billion Oracle contract starting in 2027 to expand AI capacity Oracle shares jump over 40 percent after reporting $317 billion in future revenue Deal raises risks as OpenAI loses ...

Oracle share price surged 36% after the company projected strong revenue growth in the coming years. The shares jumped 35.95% to $328.33 per share, marking their biggest single-day gain since 1992.

Oracle's stock surged 36% after reporting record future revenue obligations. Jefferies sees more upside, lifting its stock price target to $360 on cloud and AI growth. Analysts point to Oracle's ...

Larry Ellison briefly soared past Elon Musk as the world’s richest person for the first time as shares in Oracle surged more than 40% on Wednesday. Ellison, who co-founded Oracle and now serves as ...

Oracle’s meteoric rise continues to defy expectations. With a 36% surge following its latest earnings and a cumulative 3x gain since early 2023, the enterprise software giant is rewriting the playbook ...

Kara Greenberg is a senior news editor for Investopedia, where she does work writing, editing, and assigning daily markets and investing news. Prior to joining Investopedia, Kara was a researcher and ...

A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. The catalyst wasn’t a flashy product rollout or a surprise earnings beat — in ...

Shares in Oracle gained 36% yesterday (10 September) following a blowout earnings report that revealed a huge partnership with ChatGPT-maker OpenAI. Track all markets on TradingView Oracle’s latest ...