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The Latest Breaking News from Safra Catz

Open AI's massive Project Stargate is already struggling, may be scaled back

OpenAI and SoftBank say Project Stargate is fine, but Oracle says it's not formed yet, alluding to potential delays.

TechRadar

OpenAI is massively upping its Oracle cloud capacity to power Project Stargate - is this the mystery $30bn deal?

Oracle recently signed a contract with a single provider worth $30 billion in annual revenue – could its be OpenAI?

TechRadar

Oracle Stock Rallies On Report Of Expanded Stargate Deal With OpenAI

Oracle stock has been rallying since the tech giant said Monday it landed a $30 billion annual cloud deal.

Investors Business Daily

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Oracle signs a mystery huge cloud contract - one which could net it $30bn in revenue

Oracle will more than double its current annual cloud revenue in 2028 when a new mystery contract comes into play.

TechRadar

Robinhood, Apple, Oracle, Plug Power And Tesla: Why These 5 Stocks Are On Investors' Radars Today

On Monday, major U.S. indices closed in positive territory, with the Dow Jones Industrial Average rising 0.6% to 44,094.77. The SP 500 gained 0.5% to finish at 6,204.95, while the Nasdaq also advanced 0.5%, ending the session at 20,369.73.These are the top stocks that gained the attention of retail traders…

Benzinga

Oracle Stock Jumps As CEO Touts New Cloud Deals, Analyst Upgrades To Buy

CEO Safra Catz said the tech giant landed several large cloud services agreements.

Investors Business Daily

Stock Market Erases Gains As Israel Strikes Iran; Oracle, Oklo, Tesla Robotaxi In Focus: Weekly Review

The stock market was little changed for the week after sliding Friday on Israel's Iran attack. Oracle and nuclear stocks soared. Elon Musk set a robotaxi launch date.

Investors Business Daily

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Oracle Stock Rallies To Record Highs After Bullish Cloud Outlook. AI Demand Extends Beyond Stargate.

Oracle stock rocketed higher after setting bold growth targets, which the company said reflects its AI backlog.

Investors Business Daily

Oracle Stock Jumps On Earnings Beat, Upbeat Cloud Growth Forecast

Oracle stock jumped late Wednesday after the enterprise tech giant's fiscal Q4 results beat views.

Investors Business Daily

Should You Buy the Dip in Oracle Stock Now?

Oracle is well-positioned to capitalize on the increasing demand for cloud computing and AI capabilities.

Barchart

Waiting For Stargate Liftoff: Oracle Eyes Megaproject To Restart Stock Rally

The massive Stargate project is capturing attention and dividing investors.

Investors Business Daily

Larry Ellison’s Oracle just reported $130 billion in future contracts—which doesn’t include even a single transaction from Stargate

CEO Safra Catz said the tech giant scored cloud agreements with OpenAI, xAI, Meta, Nvidia, and AMD.

Fortune

Oracle Stock Slips As Earnings Miss Overshadows Growing AI Demand

Oracle stock gained despite an earning miss as the tech giant touted AI demand and gave a strong sales outlook.

Investors Business Daily

Inspirational Quotes: Safra Catz, Arthur Ashe And Others

Read inspirational quotes about holding an expansive mindset, enjoying the ups and downs of life and assembling cohesive teams.

Investors Business Daily

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news in one place.

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Investors Business Daily

Oracle AI Push Lands Meta As Customer. But Stock Falls On Narrow Earnings Miss.

Oracle stock fell on an earnings miss but analysts highlighted continued momentum for it AI push.

Kiplinger

Oracle Stock Is Sinking After Earnings. Here's Why

Oracle stock is lower Tuesday after the tech giant fell short of earnings expectations for its fiscal second quarter. This is what you need to know.

TechRadar

Meta signs major AI deal to train Llama on Oracle Cloud

Oracle Cloud is the chosen cloud computing service for Meta as it looks to train and deploy its Llama AI models.

Fortune

From Jensen Huang to Elon Musk: The biggest wealth gainers of 2024 have added $585 billion to their fortunes

Elon Musk led the way, with the world's richest man adding $119 billion to his fortune.

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Investors Business Daily

How Oracle Got Its Mojo Back. What's Behind The AI Cloud Push Powering Its 80% Stock Gain.

Oracle stock has rallied 80% this year, with the enterprise tech giant emerging as an AI favorite for Wall Street.

Kiplinger

Is Oracle Stock a Buy After Earnings Beat, Amazon Alliance?

Oracle stock is rallying Tuesday after the tech firm beat earnings expectations and announced a new AWS partnership. Here's what you need to know.

Fortune

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.

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.

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.”

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.

TechRadar

Oracle confirms Microsoft is using its cloud infrastructure to support OpenAI

Oracle reveals half of a data center under construction by the company will be dominated by Microsoft.

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