JPMorgan: Second-quarter financial results from Oracle showed the company is a key beneficiary of AI infrastructure demand, Murphy wrote. "The company again posts a material step-up in RPO, highlights ...

Oracle is one of many companies that has a major contract with OpenAI. (Justin Sullivan/Getty Images) The artificial-intelligence trade that has fueled the market’s rally can swing in either direction ...

Reuters Will Moody’s and S&P Reclassify Oracle’s Bonds as Junk? Credit Risk Surges as Debt Pressures Mount Oracle credit risk is rising as the company pours billions into AI infrastructure. Investors ...

Brazilian foreign trade solutions provider eComex has launched a new platform to help transform foreign trade operations on Oracle Cloud Infrastructure (OCI). Running on OCI and developed with Oracle ...

Analysts have optimistic price targets on Oracle stock. The company expects AI infrastructure deals to lead to an explosion in cloud computing revenue. A megadeal with OpenAI carries some risk.

Oracle (ORCL) closed at $277.18 in the latest trading session, marking a -4.85% move from the prior day. This move lagged the S&P 500's daily gain of 1.07%. Meanwhile, the Dow gained 1.12%, and the ...

The White House has promised that all US user data on TikTok will be stored on Oracle servers in the United States, according to a deal to be announced later this week. Speaking to reporters last ...

The Wall Street Journal reported that an investor consortium including Oracle ORCL, Silver Lake, and Andreessen Horowitz is finalizing a deal to hold a roughly 80% stake in the new entity that ...

Journalist Jo Ling Kent joined CBS News in July 2023 as the senior business and technology correspondent for CBS News. Kent has more than 15 years of experience covering the intersection of technology ...