Oracle Corporation (NYSE:ORCL) has cut hundreds of jobs at its health unit, which may be related to issues with a contract with the US Department of Veteran Affairs (VA), the Insider reported, citing
With a 42% stake in Oracle and the company' stock rising roughly 54% year-to-date, CTO Larry Ellison has knocked Amazon's Jeff Bezos out of the third spot for world's richest person.
Oracle Corp. shares have moved 30% higher over the past month as the company has earned recognition for artificial-intelligence initiatives, but one credit analyst still has concerns about the company
Markets ended mixed on forecast the Fed may pause rate increases, and declines in healthcare stocks.
Oracle shares reached a record this week after analysts applauded an earnings beat, driven by accelerating growth in cloud infrastructure
Oracle (ORCL) Cloud Infrastructure unveils OCI Compute instances that utilize the latest 4th Generation AMD EPYC processors.
U.S. equities were mixed midday on June 14, 2023 following moves by stocks in the healthcare sector, and ahead of the Fed's decision on interest rates.

What To Expect From The 2nd Quarter Earnings Cycle

08:55am, Wednesday, 14'th Jun 2023
The 2nd quarter earnings cycle is just around the corner, and it could be exciting for the S&P 500 NYSEARCA: SPY. The indications are as mixed as they could be, which means we are likely to see mixed
Oracle's FYQ4 earnings call reveals a successful pivot towards generative AI, bolstered by strategic partnerships with NVIDIA and Cohere, and over $2B contracts from AI startups for OCI capacity. Desp

Goldman Sachs Upgrades Oracle

10:38pm, Tuesday, 13'th Jun 2023
Fintel reports that on June 13, 2023, Goldman Sachs upgraded their outlook for Oracle (NYSE:ORCL) from Sell to Neutral.
Oracle is offering generative AI to its customers based on tech from a startup called Cohere. Oracle invested in Cohere but the startup has backing by other tech giants, including Salesforce.

Dow Jones Today: Inflation Down, Index Up

05:10pm, Tuesday, 13'th Jun 2023
The Dow Jones Industrial Average rose 0.4%, or about 145 points, after May's inflation report encouraged investors the Federal Reserve will keep interest rates steady at least until July.
Mizuho Managing Director Siti Panigrahi spoke with Yahoo Finance's Julie Hyman and Brad Smith about Oracle earnings and AI.
Oracle's strong fiscal fourth quarter results earned the company a price target boost from analysts at UBS, and investors are on the lookout for which companies could be the next AI darlings. The clou
Oracle reported a record-breaking $49.95 billion in annual revenue thanks to success in cloud computing. It has convinced its biggest critic, Goldman Sachs, to change its mind about its potential.
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