Oracle stock (NYSE: ORCL) recently dropped 10% in a week, a decline attributed to investor concern over the high costs and potential margin pressure from its aggressive expansion into the AI cloud infrastructure business. Despite this volatility, Oracle, along with Salesforce (NYSE: CRM), directly competes with Synopsys (NASDAQ:SNPS) in the Application Software sector.
The planned $15 billion campus in Port Washington, Wisc., is part of OpenAI and Oracle's previously-announced plan to deliver up to 4.5 gigawatts of additional Stargate capacity.
Oracle (ORCL) concluded the recent trading session at $277.18, signifying a -4.85% move from its prior day's close.
Oracle Red Bull Racing secured pole position this weekend at the United States Grand Prix. Carlyle CEO Harvey Schwartz and Oracle Red Bull Racing Team Principal Laurent Mekies speak with Bloomberg's Dani Burger to discuss their partnership and recent racing success in Formula One.
Oracle (ORCL -6.72%) provided investors with a massive update you will not want to miss.
Shares of a major credit card issuer moved higher as a refresh of high-end cards and strong spending among affluent customers helped drive a quarterly earnings beat. Meanwhile, gold prices retreated from their recent highs, exerting pressuring on a major mining company.
On Thursday, Oracle said it expects $20 billion in artificial intelligence revenue in the 2030 fiscal year, up from up from $3 billion in fiscal 2026. But after a huge run in the stock, Wall Street showed signs of skepticism on Friday, with investors pushing the shares down 7%.
Ellison, who holds about 41% equity in Oracle, remains the second-wealthiest person in the world with a fortune estimated at $350.6 billion. The stock decline dropped about $24.1 billion from Ellison's net worth, representing a 6.3% decrease.
Major U.S. equities indexes climbed at midday Friday as regional bank stocks rebounded from yesterday's losses after a flurry of corporate earnings reports. The Dow, S&P 500, and Nasdaq were all higher.
Jefferies analysts have raised their price target on Oracle Corp (NYSE:ORCL, ETR:ORC) to $400 from $360, noting that the company appears poised for a new growth phase driven by artificial intelligence infrastructure. This represents upside of 28% from Oracle's share price at the analysts' time of writing.
Oracle (ORCL) issued more confidence in its A.I. expectations at its A.I.
Indisputably, so-called “neo-cloud” stocks have been some of the most impressive performers of 2025. This generally describes companies providing artificial intelligence (AI)-specific cloud infrastructure, particularly emerging firms like Nebius NASDAQ: NBIS and CoreWeave NASDAQ: CRWV.