Tech giant Oracle (ORCL) recently revealed its latest AI agents that are designed to support supply-chain workers in various roles, from
If there were any fears that spending on artificial intelligence (AI) infrastructure was about to slow down, that was put to rest when President Donald Trump announced the new Stargate AI project last week.
Oracle, driven by AI and cloud, projects a 15% stock price CAGR potential over five years, and a fair valuation amid a changing U.S. regulatory climate.
Elon Musk is already casting doubt on OpenAI’s new, up to $500 billion investment deal with SoftBank (SFTBY) and Oracle (ORCL), despite backing from his allies — including President Donald Trump.
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Yesterday the world of AI and stocks in the sector changed as President Donald Trump announced the formation of Stargate , a new $500 billion joint venture deal to build artificial intelligence infrastructure in the US, with Oracle ( NYSE:ORCL ), ChatGPT creator OpenAI, and Japanese conglomerate SoftBank all at the table ..
US stocks closed higher Tuesday after the first full day of Donald Trump’s second presidency, as traders absorbed a blizzard of executive orders that so far point to less aggressive action on trade.
Goldman Sachs is forecasting IaaS revenue to grow to $580 billion in 2030. This opportunity has already supercharged Oracle's cloud infrastructure business. Its IaaS revenue in the second quarter of fiscal 2025 (which ended on Nov. 30, 2024) increased 52% year over year to $2.4 billion.
Oracle looks like a big winner from the new Stargate Project. The tech giant began working more closely with OpenAI last summer. Oracle is outgrowing leaders like Amazon in cloud-infrastructure revenue.
When there's an innovative technology that's useful to the general population and it's affordable, people will use it, said Vic Shao, founder of DC Grid, which delivers off-grid, direct current power to data centers and electric vehicle charging stations.
Detailed price information for Oracle Corp (ORCL-N) from The Globe and Mail including charting and trades.
Deckers Brands is continuing to refine its brand portfolio and plans to wind down its Koolaburra shoe brand by the end of the year. On the company’s third quarter 2025 earnings call on Thursday, Deckers’ president and chief executive officer Stefano Caroti told analysts that the move to sunset Koolaburra was made so that it could place even more of a focus on its star Ugg brand.