Shares of software firm Oracle now has a price/earnings multiple twice its historical average, noted Monness, Crespi, Hardt & Co. analyst Brian White, who downgraded the stock to Sell from Neutral.
Oracle Corp. today is rolling out the latest version of its Exadata database-optimized computing platform, claiming 55% ...
Oracle leads industry backlash, warning of dire consequences for US innovation, while others debate the effectiveness of AI ...
Oracle says its new Exadata database compute platform will run generative AI workloads faster for the same price as the old ...
Shares of the database software company, founded in 1977, have soared as Oracle's cloud infrastructure business is attracting ...
Businesses and governments are generating more data than ever, and software companies like Palantir (PLTR 6.25%) and Oracle ...
Cloud payment management system helps construction companies accelerate payments while mitigating risk and improving productivity and cash flow ...
Larry Ellison, Oracle’s billionaire co-founder, had his net worth cut by $15 billion Tuesday as the company’s stock paced its worst loss in nearly a year, after a recent earnings report that fell ...
Oracle’s cloud unit is positively booming as marquee customers such as ByteDance Ltd.’s TikTok and Uber Technologies Inc. scramble to secure the computing power needed for their artificial ...
The software giant reported $4.21 billion in profit, or $1.47 per share, for the three months that ended in late November.
Meta’s choice to collaborate with Oracle shows Oracle Cloud’s rapid growth, which is driven by rising demand for AI-driven computing power. Oracle CEO Safra Catz emphasised this at the company’s most ...