Tag Archives: Oracle

OpenAI and Oracle signed a deal “to purchase $300 billion in computing power over roughly five years,” one of the largest cloud computing deals ever, reports the Wall Street Journal. In July, the two companies revealed their partnership to build data centers worth 4.5 gigawatts of power as part of the broader Stargate project they announced with Softbank and President …

OpenAI Signs $300 Billion Data Center Pact With Tech Giant Oracle  The New York Times Exclusive | Oracle, OpenAI Sign Massive $300 Billion Cloud Computing Deal  The Wall Street Journal Oracle’s massive sales backlog is thanks to a $300 billion deal with OpenAI, WSJ reports  Sherwood News OpenAI, Oracle sign $300 billion computing deal, WSJ reports  Reuters OpenAI and Oracle reportedly ink historic cloud …

Key Takeaways The S&P 500 gained 0.3% on Wednesday, Sept. 10, 2025, as a report showed an unexpected downtick in wholesale inflation ahead of Thursday’s Consumer Price Index release. Oracle guided for impressive growth from its cloud infrastructure business, citing strong AI demand, and shares of the enterprise software giant ripped higher. Synopsys shares plunged after the maker of chip …

Exclusive | Oracle, OpenAI Sign Massive $300 Billion Cloud Computing Deal  The Wall Street Journal OpenAI Signs $300 Billion Data Center Pact With Tech Giant Oracle  The New York Times Oracle’s massive sales backlog is thanks to a $300-billion deal with OpenAI, WSJ reports  Sherwood News OpenAI and Oracle reportedly ink historic cloud computing deal  Yahoo Finance OpenAI plans to pay Oracle $300B for …

Oracle sent its shares soaring after markets closed yesterday after reporting that it signed multiple multi-billion-dollar contracts with several customers. Now, we have an idea of who those customers might be. Oracle signed a deal with OpenAI for the AI company to purchase $300 billion worth of compute power over a span of about five years, according to reporting from …

OpenAI plans to pay Oracle $300B for data center capacity: report (ORCL:NYSE)  Seeking AlphaView Full Coverage on Google News Source link

Key Takeaways The S&P 500 and Nasdaq climbed to record highs Wednesday following a report showing wholesale inflation surprisingly fell in August. Oracle shares soared after the computing giant gave a better-than-expected outlook on strong AI demand. Synopsys shares fell after the company reported quarterly results that missed estimates and lowered its full-year outlook. The S&P 500 and Nasdaq climbed …

NEW YORK (AP) — Wall Street is holding near its records on Wednesday following a surprisingly encouraging report on inflation and a stunning forecast for growth from Oracle because of the artificial-intelligence boom. The S&P 500 added 0.1% and was on track to set an all-time high for a second straight day. The Dow Jones Industrial Average was down 280 …

OpenAI, Oracle sign $300 billion computing deal, WSJ reports  Yahoo FinanceView Full Coverage on Google News Source link

Why Palantir and These 3 Other Stocks Are Getting an Oracle Earnings Boost.  Barron’s ‘We’re all kind of in shock.’ Oracle’s revenue projections leave analysts slack-jawed  CNBC Oracle stock soars after CEO says AI-fueled cloud revenue set to jump to $144 billion  Yahoo Finance Oracle Shares Jump to Record High on Bullish Cloud Outlook  Bloomberg.com Oracle Is the New Nvidia, for Better or Worse  The …