Oracle Corp
Oracle trails only Nvidia among large-cap tech this year, as Ellison closes in on Bezos
Larry Ellison, co-founder, chairman and chief technology officer of Oracle, speaks during the Oracle OpenWorld conference in San Francisco on Oct. 1, 2017. David Paul Morris | Bloomberg | Getty Images Larry Ellison turned 80 last month. It’s been a celebratory year. While fellow legacy tech players Intel and Cisco struggle to find their footing […]
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Oracle is designing a data center that would be powered by three small nuclear reactors
A view of Oracle’s headquarters in Redwood Shores, California, on Sept. 11, 2023. Justin Sullivan | Getty Images Oracle chairman and co-founder Larry Ellison had a “bizarre” announcement to make this week. The electricity demand from artificial intelligence is becoming so “crazy” that Oracle is looking to secure power from next-generation nuclear technology, Ellison told […]
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Stocks making the biggest moves midday: Ally Financial, Southwest Airlines, Oracle and more
Check out the companies making headlines in midday trading: Ally Financial — Shares of the lender fell 17% after Ally Chief Financial Officer Russell Hutchinson said at an industry conference that credit challenges have increased during the third quarter, particularly with auto loans for retail customers. Mission Produce , Calavo Growers — Shares gained 20% […]
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Stocks making the biggest moves before the open: Apple, Oracle, Boot Barn, Mission Produce and more
Check out the companies making headlines in premarket trading. Mission Produce — The avocado producer surged 21.6% after reporting revenue for the fiscal third quarter jumped 24% from a year ago. The company reported sales of $324 million, compared with $261.4 million in the same three-month period one year before. Rival avocado producer Calavo Growers […]
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5 things to know before the stock market opens Tuesday
Here are the most important news items that investors need to start their trading day: 1. A bright spot 2. More bites at the Apple Apple announced a range of new products Monday, as it tries to boost sales of its all-important iPhone. It unveiled multiple new versions of the device — the iPhone 16, […]
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Stock futures are little changed after S&P 500 posts first winning day in September: Live updates
Traders work on the New York Stock Exchange (NYSE) floor on September 09, 2024 in New York City. Spencer Platt | Getty Images Stock futures dipped on Tuesday morning after the major averages rebounded from their worst week in 2024. Futures tied to the S&P 500 declined 0.12%, while Nasdaq 100 futures fell 0.28%. Dow […]
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Oracle reports better-than-expected quarterly results; shares rise
Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco on Oct. 1, 2017. David Paul Morris | Bloomberg | Getty Images Oracle shares rose 8% in extended trading on Monday after the database software vendor reported fiscal first-quarter results that topped Wall Street estimates. Here’s how […]
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AI craze is distorting VC market, as tech giants like Microsoft and Amazon pour in billions of dollars
Amazon Web Services CEO Adam Selipsky speaks with Anthropic CEO and co-founder Dario Amodei during AWS re:Invent 2023, a conference hosted by Amazon Web Services, at The Venetian Las Vegas in Las Vegas on Nov. 28, 2023. Noah Berger | Getty Images Almost three years into a largely dormant IPO cycle, venture capitalists are in […]
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A journey inside Epic Systems’ mythical and sprawling campus, a world away from Wall Street
A sign that reads “Epic Intergalactic Headquarters” on campus. Epic Systems Dorothy Gale was right — the Land of Oz is not in Kansas. Rather, it’s nestled within the rolling green fields of Verona, Wisconsin, a town of nearly 16,400 people located about 10 miles southwest of the capital city of Madison. Verona is home […]
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Ex-Google CEO Eric Schmidt sees Nvidia as big AI winner: ‘You know what to do in the stock market’
Eric Schmidt, who led Google for a decade, told Stanford students that, while he’s not one to give investment advice, he sees an obvious play in the stock market that doesn’t involve buying shares of his former employer. Schmidt said, in a video that was posted by Stanford this week and subsequently removed, that big […]
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