Oracle stock gains 36% to post best day since 1992, adding $244 billion in value
Oracle stock roared 35.95% higher on Wednesday after reporting gobsmacking cloud demand numbers, setting the company to a historic gain.The ...
Tag: Enterprise
Larry Ellison is $110 billion richer after blowout Oracle earnings report
Oracle co-founder, CTO and Executive Chairman Larry Ellison (C), U.S. President Donald Trump, OpenAI CEO Sam Altman (R), and SoftBank ...
Google leads monster week for tech, pushing megacaps to combined $21 trillion in market cap
Alphabet and Google CEO Sundar Pichai meets with Polish Prime Minister Donald Tusk at Google for Startups in Warsaw, Poland, ...
Anthropic agrees to pay $1.5 billion to settle authors’ copyright lawsuit
Anthropic has agreed to pay at least $1.5 billion to settle a class action lawsuit with a group of authors, ...
Broadcom stock jumps 11% on new $10 billion customer that analysts say is OpenAI
Hock Tan, CEO of Broadcom.Martin H. Simon | Bloomberg | Getty ImagesBroadcom shares soared 11% on Friday after the chipmaker ...
Broadcom reports 63% jump in AI revenue as results beat estimates
Broadcom CEO Hock Tan.Lucas Jackson | ReutersBroadcom reported fiscal third-quarter earnings that beat expectations and provided robust guidance for the ...
Figma’s stock plunges after company’s first earnings report since IPO
Figma shares plunged 14% in extended trading on Wednesday after the design software company reported results for the first time ...
Salesforce is having a bad year. This is where investors want to see growth
Marc Benioff, co-founder and CEO of Salesforce, attends the 50th World Economic Forum in Davos, Switzerland, on Jan. 21, 2020.Denis ...
SAP to invest over 20 billion euros in ‘sovereign cloud’ in boost to Europe’s AI ambitions
A person holds a smartphone displaying the logo of SAP, a German multinational software corporation known for its enterprise resource ...
Intel gets $5.7 billion from Trump deal as White House says details are ‘being ironed out’
Intel CFO David Zinser said that the semiconductor giant received $5.7 billion from the U.S. government on Wednesday evening.Zinsner acknowledged ...
