Larry Ellison's net worth has increased by over $75 billion this year, largely due to Oracle ramping up its position in the artificial intelligence market. The company signed deals with companies including Meta and OpenAI.
Businesses and governments are generating more data than ever, and software companies like Palantir (PLTR 0.17%) and Oracle (ORCL -0.31%) can help them make the most of it. But effective data utilization today relies on a key ingredient -- artificial intelligence -- and both companies stand to gain from the increasing demand for AI services.
An analyst downgraded the stock to sell, citing "gen AI hype" and recent uninspiring" results. The post Oracle Downgraded To Sell On 'Surprisingly Uninspiring' Results After AI-Fueled Rally appeared first on Investor's Business Daily.
Selects Oracle Health Data Intelligence to improve population health and operational efficiencies Will use Oracle Clinical Trial Management System to better manage and align patients with clinical trials AUSTIN, Texas , Dec. 18, 2024 /PRNewswire/ -- Nashville General Hospital (NGH), Middle Tennessee's public safety-net hospital serving Davidson County and Nashville, Tennessee, is using Oracle ...
Oracle's Q2 results missed top- and bottom-line estimates, but strong growth in OCI and SaaS segments suggests the miss is an outlier. The Meta deal and partnerships with major AI players indicate sustained demand for Oracle's Cloud Infrastructure, bolstering long-term growth prospects. Despite recent stock decline, Oracle's valuation is attractive with a forward P/E of 31.94x and a projected F...
The U.S. stock market posted a stellar performance in 2024, with the benchmark S&P 500 index reaching an all-time high closing value of 6,090.27 on Dec. 6.
The U.S. economy has an incredible track record of producing the world's most valuable companies. United States Steel became the first-ever $1 billion company in 1901, and 117 years later in 2018, Apple became the first company in the world to reach a valuation of $1 trillion.
Oracle (ORCL -1.10%) share prices have had a strong year on the back of renewed interest due to strength in its cloud infrastructure business. However, the stock was falling following its fiscal 2025 second-quarter results after the company missed analyst estimates and offered tempered guidance.
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.