S&P 500 touched a fresh record before reversing as traders turned cautious ahead of the Fed’s policy meeting. Profit-taking hit large-cap tech stocks after early gains, despite optimism over ...
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In February 2021, my Tech Trader predecessor, Eric Savitz, published a cover story about an up-and-coming cloud giant that was also a legacy software free-cash-flow machine: Oracle. It was founded in ...
Oracle projects cloud infrastructure revenue will explode from $10 billion to $144 billion by 2030, outpacing AWS and Azure at comparable stages. The company's $455 billion backlog and ...
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 ...
Larry Ellison’s wealth surged to $406 billion due to Oracle’s AI-driven revenue growth, challenging Elon Musk’s title as richest. Oracle forecasted massive cloud growth, predicting revenues rising ...
As Oracle Corporation's stock price soared, Larry Ellison, the 81-year-old co-founder, chairman, and Chief Technology Officer, CTO of the U.S. software company, has risen to become the world's ...
Pharmaceutical stock Hyperion DeFi Inc (NASDAQ:HYPD) is one of the worst stocks on the Nasdaq today, down 15.9% to trade at $8.74 at last glance. Though the reason for today's price action is unclear, ...
Elon Musk has been booted from his spot as the world's richest person, according to Bloomberg's latest ranking. That title now belongs to Oracle cofounder Larry Ellison, who moves into the spot after ...
Elon Musk has reclaimed his title as the world's richest person after briefly losing the top spot on Wednesday to Oracle co-founder Larry Ellison. Ellison surged ahead for a few hours following a ...
Oracle’s days as a laggard in cloud computing are behind it, as the company seemed to remind listeners to its Tuesday earnings call, rattling off one multibillion-dollar deal after another. Core to ...
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