Oracle Corporation's rally was fueled by multiple expansion, not just earnings, as investors bet on Oracle’s unique position.
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 ...
Oracle is aiming to raise $18 billion in debt, a regulatory filing showed on Wednesday, as the company looks to invest ...
Empowers customers with secure, standards-based, and future-ready payments solutions for a rapidly evolving market ...
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. The catalyst wasn’t a flashy product rollout or a surprise earnings beat — in ...
Oracle Corp. is among the big names reporting this week, and Wall Street will be looking to put more numbers around the big opportunities teased by the company. For instance, Oracle ORCL disclosed ...
Oracle (ORCL) stock jumped over 36% Wednesday to a new record close after the software giant said its AI-fueled cloud revenue is set to jump to $144 billion by its 2030 fiscal year. That marks a ...
Larry Ellison has surpassed Elon Musk to become the world's wealthiest individual, boasting a net worth of $393 billion. Oracle's shares surged following a promising forecast for its cloud operations, ...
Oracle Financial Services today announced that Oracle Banking Payments has been validated as a Swift Compatible Application.
Oracle expects its cloud infrastructure revenue to explode over the next five years, thanks to mega-deals for artificial intelligence (AI) computing capacity. Capital spending will have to explode as ...
Larry Ellison briefly topped the global rich list with $393 billion after Oracle's stock surged 41% following strong quarterly results. Larry Ellison has overtaken Elon Musk as the world’s richest ...
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