:max_bytes(150000):strip_icc()/GettyImages-2170190244-9b63763596474f9fa77dff2de4c1c663.jpg?w=1500&resize=1500,998&ssl=1 "Oracle’s Stock is Red Hot. So Why Is Wall Street Divided?")
Key Takeaways After a recent runup powered by an AI-fueled outlook, database giant Oracle has become the best-performing tech stock in the S&P 500, trailing only AI chipmaker Nvidia. Wall Street analysts are divided on Oracle’s stock amid concerns… Article Source https://www.investopedia.com/oracle-stock-red-hot-ai-growth-wall-street-divided-larry-ellison-8714826
It’s closing time for Oracle Advertising. The Texas software and cloud computing giant’s advertising business once led the market. But after years spent acquiring companies, Oracle’s ad tech satellite found itself exposed to more intense… Article Source https://digiday.com/marketing/the-rise-stall-and-fall-of-oracles-advertising-business/
In the tech world, Intel Corp INTC is stumbling its way through a corporate reboot, while Oracle Corp ORCL is racing ahead, planting a $6.5 billion artificial intelligence and cloud flag in Malaysia. Let’s break down the current state of… Article Source https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41228871/intel-vs-oracle-can-apollos-rescue-plan-beat-oracles-ai-cloud-domination
Financial giants have made a conspicuous bullish move on Oracle. Our analysis of options history for Oracle ORCL revealed 31 unusual trades. Delving into the details, we found 54% of traders were bullish, while 32% showed bearish tendencies. Out… Article Source https://www.benzinga.com/insights/options/24/10/41237048/decoding-oracles-options-activity-whats-the-big-picture
With new Amazon Web Services partnership, Oracle’s cloud database trade-off is complete GeekWire Article Source https://www.geekwire.com/2024/with-new-amazon-web-services-partnership-oracles-cloud-database-trade-off-is-complete/
Palantir and Oracle have announced a partnership that will allow Palantir to offer its Foundry platform and artificial intelligence platform on the Oracle Cloud Infrastructure platform. This collaboration aims to provide Palantir’s technology on Oracle’s various cloud deployment options and offer AI infrastructure, distributed cloud, and sovereign AI capabilities to support Palantir’s AI and data … Read more
Global organizations like Ahold Delhaize, Hitachi Construction Machinery, Lemtrans, and Mazda Motors Logistics Europe have turned to Oracle Cloud VMware Solution to move their critical business applications from on-premises data centers to Oracle Cloud Infrastructure (OCI). Oracle has introduced a new OCI compute shape with an NVIDIA A10 Tensor Core GPU and Intel Xeon Platinum … Read more
Larry Ellison, the co-founder of Oracle, is a prominent figure in the tech industry known for his extravagant lifestyle and competitive nature. At 79 years old, he is one of the wealthiest individuals globally, with a net worth estimated at $152 billion. Ellison’s success is attributed to his leadership at Oracle, a software company he … Read more
This article discusses the recent drop in Oracle’s stock prices following failed negotiations with xAI. Oracle’s shares took a significant hit after talks between the two companies fell through, causing concern among investors and analysts. Many believe that the failed talks could have a negative impact on Oracle’s future prospects and performance in the market. … Read more
Oracle shares dropped nearly 5% following Elon Musk’s announcement that his AI startup, xAI, would reduce its reliance on Oracle’s cloud technology. Musk stated the decision was made to maintain a competitive edge in speed over other AI companies. This news comes after talks of a $10 billion cloud deal between the two companies fell … Read more