Oracle stock slumped even as executives reassured investors about the profitability of a business renting servers to AI companies and discussed the broader financial outlook over the next five years.
DeFi protocols depend on a handful of oracle networks for critical pricing data, creating centralization risks that undermine decentralization promises. We talk about oracles like they’re plumbing: an ...
Oracle’s $40 billion market cap loss exposed razor-thin AI cloud profit margins, raising doubts about the sustainability of its growth model. Analysts warn that circular financing among AI firms and ...
EPAM Systems Inc. (NYSE:EPAM) announced on Tuesday that it has deepened its partnership with Oracle Corporation (NYSE:ORCL) to help companies in sectors such as healthcare, life sciences, financial ...
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 stock price on Monday surged over three per cent to $320 after a senior official in President Donald Trump's administration today said that the tech giant will receive a copy of TikTok's ...
Oracle (ORCL) stock rose more than 6% Monday as the White House confirmed that the software giant is part of a consortium of investors that will control TikTok's US operations. The company also ...
IBM is building a complete AI strategy that links watsonx, Red Hat Linux, consulting, and specialized hardware. Consulting and large enterprise deals mean longer sales cycles and lumpy revenue, but ...
Oracle (ORCL) shares cooled off in Thursday's session after going on a tear and jumping 36% yesterday in reaction to the AI cloud company's strong fiscal first quarter earnings. Epistrophy Capital ...
Matthew Gooding is senior editor at Data Center Dynamics. He was formerly managing editor of Tech Monitor and business editor of Cambridge News. Oracle founder Larry Ellison is, by any definition, a ...
Oracle (ORCL) has stunned Wall Street with a record-breaking rally, surging 40% in a single day and adding more than $250 billion in market value. It also pushed co-founder Larry Ellison past Elon ...