Larry Ellison's wealth took a big hit on Thursday, with $24.9B wiped off his net worth after Oracle's (ORCL) weak guidance and massive AI spending plans pushed its stock down around 11%. Ellison is ...
Oracle founder Larry Ellison, 81, lost $25 billion of his net worth on Thursday. The plunge followed Oracle’s latest earnings report, which showed strong year-over-year growth but still fell short of ...
The net worth of Oracle Corp. (NYSE: ORCL) founder Larry Ellison takes a hit. A poor earnings report that pushed Oracle’s stock down sharply is to blame for that. Are you ahead, or behind on ...
Energy provider taps the AI-powered Oracle Opower Platform to provide personalized energy usage insights to millions of customers and give them tips on how to save "As utilities transform to meet ...
Oracle (ORCL) cloud services now represent 77% of total revenue and grew 55% year-over-year. GPU consumption revenue surged 336%. Oracle’s remaining performance obligation hit $97.3B in Q2 FY2025.
GlobalLogic, a provider of digital engineering services part of the Hitachi group, is notifying over 10,000 current and former employees that their data was stolen in an Oracle E-Business Suite (EBS) ...
Oct 14 (Reuters) - Oracle (ORCL.N), opens new tab will offer cloud services using Advanced Micro Devices' (AMD.O), opens new tab upcoming MI450 artificial intelligence chips, the companies said on ...
(Reuters) -Oracle will offer cloud services using Advanced Micro Devices’ upcoming MI450 artificial intelligence chips, the companies said on Tuesday, as they rush to tap the booming demand for ...
Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced that its connectivity cloud platform will be available natively on Oracle Cloud Infrastructure (OCI) for customers ...
Oracle is on its way to becoming the best cloud for AI and high-performance computing. Oracle multicloud is cutting networking complexity and reducing data transfer latency. OpenAI will need to raise ...
Oracle co-founder Larry Ellison climbed to the very top of the global rich list briefly on Wednesday as his fortune reached $393 billion at 10 am (US local time), pushing him ahead of Elon Musk, ...
Larry Ellison briefly soared past Elon Musk as the world’s richest person for the first time as shares in Oracle surged more than 40% on Wednesday. Ellison, who co-founded Oracle and now serves as ...
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