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The Latest Breaking News from Oracle

Oracle CEO Safra Catz steps down from Disney's board after Ellisons' $28 billion Paramount-Skydance deal

Billionaire Larry Ellison is helping to fund the two-step merger.

Fortune

Time to Kill? Buy These 3 Unusually Active Call Options

Thursday options trading had nine unusually active call options with more than 365 days to expiration. While they all look intriguing, here are the three to focus on if you’ve got some time to kill.

Barchart

David Ellison's Paramount merger cements the era of the 'nepo CEO'

David Ellison's Skydance Media is buying Paramount Global with help from his billionaire dad, Larry Ellison, founder of Oracle. To earn respect, he'll have to walk a tightrope.

Fortune

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Oracle's AI Pipeline Still Strong Even Without Musk Startup Deal, Analysts Say

Oracle may no longer score a big cloud contract from Musk's AI startup, but Oracle stock analysts are still bullish.

Investors Business Daily

It's for the best that Microsoft and Apple won't be observing OpenAI's board meetings

With antitrust regulators circling, it's best for OpenAI and its partners not to appear too cozy.

Fortune

Oracle and Musk-owned xAI close talks on reported $10bn server deal

xAI is now planning its own data center in Tennessee, and expects the second version of its Grok AI to release next month.

TechRadar

Oracle Stock Falls On Report That Talks Are Off For Cloud Deal With Elon Musk's AI Startup

Oracle is reportedly no longer in talks with Elon Musk's xAI startup for an expanded cloud-computing deal.

Investors Business Daily

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AI Boom Disaster: Can The World's Power Grid Handle The Technology's Meteoric Rise?

AI technologies are the new trend contributing to increased power usage in the US, the previous being electric vehicles (EVs) and cryptocurrencies.

International Business Times UK

Who is David Ellison? Heir to the Oracle fortune celebrates clinching $28B Paramount deal

Oracle founder Larry Ellison’s son, David Ellison, announced he reached terms to acquire a controlling stake in Paramount.

Fortune

3 High-Quality but Overlooked Stocks to Scoop Up This July

While AI-centric companies like Nvidia grab the spotlight, these 3 overlooked stocks are quietly leveraging AI to drive growth in their industries, offering investors a unique opportunity to scoop up undervalued gems.

Barchart

Oracle says US TikTok ban could hurt its business

US TikTok ban could impact more than just TikTok, it could also hit Oracle hard

TechRadar

Oracle Warns About TikTok Ban. Why Cloud Business Could Take A Hit.

Oracle stock was lower after the company wrote in a regulatory filing that it could take an earnings hit if TikTok is banned.

Investors Business Daily

Elon Musk Is King In Billionaires Bitcoin Holdings List – Saylor Isn't In Top 20

In a surprising twist within the Bitcoiner circle, prominent BTC maximalist Michael Saylor isn't part of a new list that ranks at least 40 billionaires who own Bitcoin.

International Business Times

Apple Intelligence may be reason why OpenAI wants Microsoft to work with archrival Oracle — Azure may be feeling the pinch as iOS 18 AI-focus means far more GPUs are required

Oracle, Microsoft and OpenAI are joining forces to meet the expected demand from Apple Intelligence.

TechRadar

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The Guardian - US

Rain, grit and skill: how USA’s part-timers came to mix it with cricket’s elite

It’s been quite the World Cup debut for the US, a band of part-timers who have reached the Super 8 after one of the greatest upsets in cricket history. Here’s what’s next

Investors Business Daily

Dow Jones Futures Fall: Apple, Nvidia, Microsoft Vie For Crown; How To Handle A Split Market Rally

Apple, Nvidia, Microsoft fueled the Nasdaq, but the market is increasingly split. Tesla has a new base, with caveats. Meta is among seven actionable stocks.

Investors Business Daily

Stock Market Hits Highs; Tame Inflation, Fed Meeting, Apple, Broadcom, Oracle, Tesla: Weekly Review

The Nasdaq and S&P 500 hit record highs on tame inflation and as Apple, Broadcom and Oracle soared on news. But the stock market gains were narrow.

TechRadar

Oracle is shutting down its advertising business despite millions in revenues

Although annual revenue was measured in the millions, that's down from billions, and Oracle has decided to close its ad business.

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news in one place.

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Fortune

Larry Ellison's fortune grows $14 billion overnight, making him the seventh-richest person on earth

As Oracle shares hit record highs after it reveals “largest contracts in our history.”

Investors Business Daily

Stocks Flashing Renewed Technical Strength: Oracle

A Relative Strength Rating upgrade for Oracle shows improving technical performance.

Investors Business Daily

Dow Jones Futures Fall After Fed Shift; Elon Musk Expects To Win Pay Vote, Broadcom Soars

Futures were mixed a day after the Fed's hawkish shift. Broadcom jumped on earnings. Tesla soared as Elon Musk said he expects to win the Tesla pay vote.

Kiplinger

Stock Market Today: Stocks Mixed After May CPI, Fed Meeting

The May CPI report came in better than expected, but the Fed still lowered its rate-cut expectations for the year.

StockNews.com

Oracle (ORCL) Q4 Earnings: Is Now the Right Time to Invest?

Despite a lower-than-expected fourth-quarter performance, the shares of Oracle Corp. (ORCL) gained as the company provided upbeat guidance for the current quarter. In this article, we will evaluate if it's the right time to invest in the stock now. Continue reading….

Kiplinger

Oracle Stock Soars on OpenAI, Google Deals, Strong Outlook

Oracle stock is trading higher as the software firm's new AI deals and upbeat outlook offset an earnings miss. Here's what you need to know.

Investors Business Daily

Stocks Close Mostly Higher As S&P, Nasdaq End At All-Time Highs; Investors Weigh Fed Rate-Cut Forecast (Live Coverage)

Major stock indexes ended the day mixed after May CPI data and the Federal Reserve's interest rate policy decision to leave rates unchanged.

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