Larry Ellison just canceled a plan to sell billions in Oracle stock, but the market is punishing shares anyway as a surprise ...
Oracle Corporation (NYSE:ORCL) and CoreWeave, Inc. (NASDAQ:CRWV) are both spending enormous sums to turn scarce GPUs and data ...
The data center boom in the U.S. has largely been tied to the growth prospects of two companies — Anthropic and OpenAI — and the seemingly unending demand for their models and services. Now Wall ...
Oracle is rated Buy, with a 42% upside to $213.75 by FY2029, driven by robust AI cloud demand and strategic capital ...
Three stories this week, and they connect. The two leading labs released competing frontier models this month at the same ...
Plus, AI’s economic future: Study philosophy, survive the robots ...
Michael Burry just closed his most prominent AI short, the kind of move that typically sparks a relief rally, yet CoreWeave ...
Oracle Cloud Infrastructure earnings surged 121% to $7.4 billion in Q1 FY2027, with GPU utilization at 97.9% and a record $664 billion contract backlog, as Oracle reported total revenue of $19.3 ...
Shares in the database and cloud-computing company jumped 7% in premarket trading after it reported sharply higher quarterly profit and reve ...
Both the United States and China are feverishly debating the correct balance of AI regulation and technological advancement, and each side has distinct advantages in the race.
This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. President ...
Oracle Q1 FY27 revenue hit $19.3B with cloud up 62% and RPO at $664 billion, but $28.5B capex drove free cash flow to -$5.4B ...