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Oracle shares hit record high on $30bn cloud contract
Oracle shares soared to a record high, as the database giant announced a $30bn cloud computing contract worth nearly triple the annual revenue it generates from its fastest-growing division. The tech group, which is valued at about $620bn, said in a regulatory filing on Monday that it had signed a deal that would start to bring in revenue in 2028.
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Why Oracle Could Be the Next Stock to Join the $1 Trillion ClubOracle (ORCL) has captivated market attention in recent years. The explosion of artificial intelligence (AI) has turned into ...
View the latest Oracle Corp. (ORCL) stock price, news, ... 2300 Oracle Way Austin Texas 78741 United States. Email; Website; Map; Employees 162,000. Sector Software. Sales or Revenue 57.40 B.
The jump comes as the S&P 500 and the Nasdaq Composite both had positive days. The tech company announced a new contract with ...
Oracle Corporation (NYSE:ORCL) is set to spend about $40 billion on Nvidia’s top-tier chips to support OpenAI’s upcoming data center in the US, according to Financial Times. The data center ...
BlackRock (BLK) announced the launch of a new exchange-traded fund (ETF) that is focused on businesses in Texas. This fund, named iShares Texas Equity ETF (TEXN), will invest in companies that are ...
AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Oracle Corp. (ORCL) on Wednesday reported fiscal fourth-quarter net income of $3.43 billion. On a per-share basis, the Austin, Texas-based company said it had ...
Oracle Corp. ORCL reportedly plans to spend approximately $40 billion to purchase 400,000 of Nvidia Corp.'s NVDA GB200 AI "superchips" to power a massive new data center for OpenAI in Abilene, ...
Oracle (ORCL) Plans to Buy $40B Worth of Nvidia Chips. ... Indeed, this facility, which will be built in Abilene, Texas, is the first part of the $500 billion U.S. Stargate Project.
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