Oracle shares initially plunged following a report that the company has slim profit margins on AI cloud computing compared to the rest of its business. Tesla shares fell after the electric-vehicle ...
Oracle's (ORCL) internal documents showed that the fast-growing cloud business has thin gross profit margins in the past year ...
Shares of database and cloud giant Oracle (ORCL -2.43%) rallied 24.4% in September, according to data from S&P Global Market Intelligence. Oracle named two new co-CEOs to succeed ...
The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Broadcom Inc. (AVGO), Oracle Corp.
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.
Technology company Oracle will provide security for the new TikTok entity in the United States, following the President Trump-backed deal to allow the social media company to keep operating in the U.S ...
WASHINGTON (AP) — Tech giant Oracle will receive a copy of TikTok’s algorithm to operate for U.S. users, according to a senior official in President Donald Trump’s administration on Monday.
The future Nashville-based Fortune 100 technology company announced a change at the top on Sept. 22. The company named two executives as co-CEOs, one of whom lives in Nashville, to succeed Safra Catz.
Shares of Oracle Corp. closed 4% higher today following reports that it’s negotiating a $20 billion deal to provide Meta Platforms Inc. with cloud infrastructure. Sources told Reuters that the ...
Oracle Corp. is in discussions with Meta Platforms Inc. for a cloud computing deal worth about $20 billion, providing further evidence that the company has become a significant infrastructure provider ...
(Reuters) -Oracle is in talks with Meta for a multi-year cloud computing deal worth about $20 billion, underscoring the social media giant's drive to secure faster access to computing power, a person ...
President Trump’s potential deal to avoid a TikTok ban is taking shape – with several prominent US tech and investor firms set to take majority control of the China-owned app. Under the proposed terms ...