Oracle

The stock market experienced a turbulent day, with the S&P 500 and Nasdaq indices hitting six-month lows amidst growing fears of a potential recession. The Nasdaq 100 saw the steepest declines, led by tech companies such as Tesla and Palantir. This downturn was fueled by concerns over the U.S....

Moderna Inc (NASDAQ:MRNA) shares are trading higher Wednesday after Oracle Chairman Larry Ellison discussed the potential of artificial intelligence (AI) to revolutionize health care. What To Know: Ellison highlighted AI’s ability to analyze blood tests for early cancer detection, identifying...

On Monday, major U.S. indices closed in the red, with the Dow Jones Industrial Average falling 0.5% to 44,401.93, the S&P 500 slipping nearly 0.6% to 6,052.85, and the tech-focused Nasdaq dropping 0.6% to 19,736.69. These are the top stocks that gained the attention of retail traders and...

Saurabh Netravalkar, a principal software engineer at Oracle, led the U.S. cricket team to a stunning victory over Pakistan in the T20 World Cup, despite only being a part-time athlete. What Happened: Team USA, led by Netravalkar, pulled off a remarkable upset at the ongoing match as the team...

On Monday, the U.S. stock market presented a mixed performance. The Dow Jones index managed to turn higher, trading up by 0.12% to 38,769.66. However, the NASDAQ and the S&P 500 indices fell by 0.41% and 0.11% respectively. Amidst this, several stocks caught the attention of retail traders and...

Meta Platforms (NASDAQ:META) and International Business Machines (NYSE:IBM) have announced the formation of an AI Alliance, a coalition of over 50 AI companies and research institutions advocating for an open model of AI. What Happened: The alliance, which includes notable members such as Intel (...

The high-profile buyout of Twitter, now rebranded as X, led by Elon Musk, which involved a group of 19 investors, has reportedly resulted in a massive $17 billion loss.  What Happened: Musk and his co-investors, including the Andreessen-Horowitz VC fund, Oracle...

Big tech companies are in huge demand in the job market, receiving an average of 60 job applications for each job per day. Amongst the top ten companies in the list, there are seven tech companies, including Netflix Inc. (NASDAQ:NFLX), Apple Inc. (NASDAQ:AAPL), and Tesla Inc. (NASDAQ:TSLA), among...

On the ongoing Israel-Hamas conflict, prominent tech leaders such as Elon Musk, Sundar Pichai, Satya Nadella, and more have responded with unequivocal condemnation, expressing their concerns and condolences.  What Happened: The Israel-Hamas conflict, marked by a barrage of rocket attacks and...

Oracle’s recent stock price decline presents an appealing buying opportunity, according to Evercore analysts, who upgraded their rating on the cloud service provider’s shares on Monday. Barron’s reported that Evercore’s Kirk Materne and his team have shifted...

Oracle’s (NYSE:ORCL) Larry Ellison and Microsoft Corporation’s (NASDAQ:MSFT) Satya Nadella recently announced a historical collaboration, a notable moment in the tech industry as two longtime rivals join forces to expand their cloud offerings. What Happened: The partnership between...

U.S. stocks showcased a positive momentum as the trading day approached its end. The Nasdaq Composite exhibited a notable rise, gaining more than 1% on Monday. The tech-heavy index closed at 13,917.89 for the day. The Dow Jones Industrial Average also reflected an upward trend, increasing by 0.25%...

On Monday, June 13, Elwood Technologies, an institutional digital asset platform, announced its integration, via Chainlink (CRYPTO: LINK), to deliver cryptocurrency market data to blockchains. What Happened: Elwood Technologies is a platform delivering institutional-standard access to liquidity...

The enterprise software maker reported its fiscal first-quarter revenue on Monday, with its top segment, as well as hardware, missing expectations. Revenue came below expectations as Oracle Corporation (NYSE: ORCL) announced a program during the quarter to encourage customers to adopt its public...

After more than a year and a half since the so-called JEDI contract was awarded to Microsoft (NASDAQ: MSFT), Pentagon officials announced that they are canceling the massive cloud-computing deal. Although the Department of Defense representatives stated technical issues as the main reasons for the...