Oracle, TikTok
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Wall Street was floored by Oracle's huge revenue forecast. Now, a top bank says its sales boom is set to lift this under-the-radar energy stock.
Bloom shares have more than tripled this year, and Morgan Stanley says the clean-tech company’s work with Oracle sets the stage for “explosive” momentum.
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Why Oracle Stock Popped Again Today
As CBS reports, Oracle is leading a "consortium of firms" that will may acquire TikTok's U.S. business and permit the company to distance itself sufficiently from China and the Communist Party to permit it to continue operating in the U.S.
Enterprise IT juggernaut Oracle ($ORCL) just pulled off a rally you expect from a tiny biotech, not a megacap software giant. Shares surged by 42%
Oracle stock hit a record high on Wednesday with a historic one-day rally of 43 percent that followed its blowout earnings results. Founder Larry Ellison added more than $107 billion in net worth the same day, making him the richest person in the world with nearly $400 billion, eking by Elon Musk.
Oracle's blockbuster gains briefly propelled CEO Larry Ellison to the position of the world's richest person, surpassing Tesla CEO Elon Musk.
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Oracle’s stock just did something never before seen on Wall Street. Inside that historic move.
No company worth over $500 billion has ever gained more than 25% in a single day. Oracle’s stock increased by far more than that on Wednesday.
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
Oracle shares are surging in premarket trading Tuesday on a report that the software firm is among a consortium of companies that would let Chinese-owned TikTok to continue operating in the U.S.—if a “framework deal" between Beijing and Washington is finalized.
The Austin-based software giant expects a major boost to its cloud infrastructure business into 2030 as a result of the AI boom.
Oracle Corporation jumps on a $300B OpenAI cloud deal, but gains may be priced in after a strong rally. Read why I rate ORCL stock a sell.
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