Oracle has added role-based artificial intelligence (AI) agents to its cloud supply chain and manufacturing suite. The new offering is designed to automate routine tasks and allow companies to devote more time to strategic supply chain initiatives, according to a Thursday (Jan. 30) press release.
Cloud computing giant Oracle (ORCL -1.21%) has delivered impressive gains in the past year, rising more than 48% on the market as compared to the 25% gains registered by the Nasdaq Composite index over the same period (as of this writing). Its performance was driven by the fast-growing demand for the company's cloud infrastructure for handling artificial intelligence (AI) workloads.
For much of the 2010s, Oracle (ORCL 3.61%) stock went nowhere as the legacy tech giant struggled to deliver growth and fell behind the faster growing tech stocks now known as the "Magnificent Seven."
Oracle Corporation's growth story remains intact despite the recent market sell-off driven by the emergence of DeepSeek's AI model. DeepSeek's AI models caused market concerns, but enterprise AI, like Oracle's, leverages internal data for productivity, differentiating it from public GenAI applications. Government support for Oracle's data center expansion could accelerate growth, securing the US's dominance in AI and boosting Oracle's future prospects.
After a horrendous start to the last week of January 2025, technology stocks across the United States stock market saw a massive selloff. The reason behind this behavior is the bold claim made by Chinese technology company DeepSeek, which allegedly was built quicker and more powerful than its American competitor ChatGPT.
Oracle's involvement in the $500 billion Stargate Project positions it as a key AI infrastructure provider. The Stargate initiative is expected to significantly boost Oracle's IaaS business, which even before the announcement was projected to grow from $200 million in FY24 to $20 billion in FY29. Oracle's IaaS margins are forecasted to improve from 36% to over 60% by FY29, driven by increased CapEx efficiency and better asset utilization.
Shares of Oracle (ORCL -15.25%) are sinking Monday. The firm's stock had lost 14.2% as of 2:45 p.m.
AI stocks soared last week after OpenAI announced a partnership with Oracle (ORCL) and SoftBank that could result in up to half a trillion dollars of investment in AI infrastructure over the next four years.
The Trump administration and software giant Oracle—led by billionaire Larry Ellison—are discussing a deal to take over TikTok, according to NPR, the latest company that is rumored to be interested in buying ByteDance's popular social media app to navigate around a U.S. ban.
The administration of U.S. President Donald Trump is working on a plan to save TikTok.
The Trump administration is negotiating a deal that would see Oracle take over TikTok alongside new U.S. investors, according to a report in NPR.
The administration of U.S. President Donald Trump is working on a plan to save TikTok that involves tapping software company Oracle and a group of outside investors to effectively take control of the app's global operations, National Public Radio reported on Saturday.