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Microsoft remains a top hyperscaler pick, with strong Azure growth and AI momentum, but faces rising competition from ...
AI skeptics who had been sounding the alarm over demand concerns and calling the AI trade a bubble are on the retreat as ...
A draft rule from the Commerce Department seeks to prevent China — to which the U.S. has effectively banned sales of Nvidia’s ...
inclusive strategy”. But the draft measure is far from a comprehensive replacement, the people said. It doesn’t answer, for example, questions about security conditions for the use of US chips in ...
Elon Musk's xAI has formally apologized for its Grok AI's 'horrific behavior,' attributing its recent antisemitic meltdown to ...
Tech Stocks Oracle’s cloud success has made it a controversial stock. Here’s the latest source of debate. While there are questions about a contract that will ultimately add more than $30 ...
Oracle Corp. said on Monday it has signed a cloud services deal that it expects to contribute over $30 billion in annual revenue starting in the fiscal year 2028.
Optimism surrounding Oracle's (ORCL) cloud and AI infrastructure endeavors pushed its stock to an all-time high of $228 a share on Monday.
Oracle stock jumped after the software giant disclosed that it had inked new multibillion-dollar cloud services agreements.
Oracle Corporation (NYSE:ORCL) is one of the Top 10 AI Stocks in the Spotlight. On July 3, Bernstein SocGen Group analyst Mark L. Moerdler reiterated an “Outperform” rating on the stock with a $225.00 ...
While there are questions about a contract that will ultimately add more than $30 billion in revenue annually, Bernstein analysts think the arrangement will bring Oracle closer to its larger cloud ...
[AUSTIN] Oracle said it has signed a single cloud deal worth US$30 billion in annual revenue – more than the current size of its entire cloud infrastructure business. Read more at The Business Times.