In April 2009, Oracle Corp. made what at the time looked like a bad deal. Or at least that was the conventional wisdom. It announced that it was buying Sun Microsystems Inc. for $7.4 billion, or $5.6 ...
EPAM deepens partnership with Oracle to help companies in various sectors adopt OCI and AI services, leveraging their expertise.
Oracle (ORCL 3.00%) stock popped 36% in response to a massive increase in customer orders for Oracle's cloud services. Oracle ...
With a focus on cost-efficiency, flexibility, and specialized use cases, Oracle has transformed from a legacy software giant to a serious contender in the public cloud space. When Oracle launched its ...
Sept 9 (Reuters) - (This Sept 9 story has been corrected to say that Oracle's shares have risen 45% so far this year, not more than 107%, in paragraph 4) Oracle (ORCL.N), opens new tab said on Tuesday ...
Total Revenue: $14.9 billion, up 11% from last year. Total Cloud Revenue: $7.2 billion, up 27%. Cloud Infrastructure Revenue: $3.3 billion, up 54%. OCI Consumption Revenue: Up 57%. Cloud Database ...
STORY: Shares of Oracle skyrocketed more than 40% Wednesday morning to hit a record high, after the company said it was seeing a surge in demand for its cloud services from AI firms. The huge jump in ...
OpenAI Commits $300B to Oracle in Risky Cloud Pact Your email has been sent Oracle has landed a $300 billion OpenAI deal, among the largest in cloud history. The agreement, reported by The Wall Street ...
On Monday, during its earnings announcement, Oracle (NYSE:ORCL) delivered a striking revelation that surprised even the most optimistic analysts. The company’s remaining performance obligations (RPO) ...
(Reuters) - Oracle shares retreated on Thursday after a record AI-driven surge in the previous session that brought the company closer to the trillion-dollar mark and put co-founder Larry Ellison ...