Oracle's stock soared after a report of a cloud contract with OpenAI and an optimistic forecast for its AI-driven cloud infrastructure. The company projects aggressive eight-fold growth in cloud ...
The big takeaway here is the better color on guidance is a much bigger win than quarterly revenue or EPS. The stock is now up 22.36% after-hours. Bullish: Massive backlog, AI Database catalyst, ...
Oracle’s stock dropped another 5% on Wednesday after reports that a major investor pulled out of a $10 billion data center deal over concerns about the company’s debt. It was the latest blow in a ...