OpenAI was the company that signed a $30 billion per year deal with Oracle for data center services, disclosed last month, The Wall Street Journal reported on Monday. Now, OpenAI CEO Sam Altman has confirmed the details of the contract (but not the dollar amount) in an X post on Tuesday and in a company blog post.
ORCL expands Exadata reach via AWS, Azure and Google Cloud, aiming to lift hardware growth despite steep competition and valuation concerns.
Oracle's stock rose more than 3% on Thursday, moving ever closer to a $700 billion market cap.
Zacks.com users have recently been watching Oracle (ORCL) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
The software giant's stock has surged as artificial-intelligence deals fill its backlog, but high valuation creates risks.
The latest trading day saw Oracle (ORCL) settling at $234.96, representing a +2.48% change from its previous close.
Oracle (ORCL) on Tuesday said it would invest a total of $3 billion upgrading its cloud infrastructure at its facilities in Germany and the Netherlands amid the tech industry's growing demand for artificial intelligence hosting capacity.
Artificial intelligence (AI) is the next industrial revolution. Statista estimates the AI market will grow 26% per year to reach $1 trillion by 2031.
Oracle (ORCL) shares have surged in 2025 as the company's position in A.I. adoption continues to fuel growth.
Oracle (ORCL) reported earnings 30 days ago. What's next for the stock?
Shares of enterprise computing, cloud, and data management pathbreaker Oracle Corp. NYSE: ORCL climbed by an astonishing two-thirds in the last year, repeatedly setting record highs (and making co-founder Larry Ellison the second-wealthiest person in the world in the process). As analysts from Jefferies, D.A.
ORCL's Database@AWS launch validates cloud transformation with $138 billion RPO backlog. Hold current positions or wait for dips.