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Oracle’s cloud backlog jumped 359% to $455 billion after four massive contracts

Oracle’s stock shot up 27% today after the company reported a ridiculous 359% increase in cloud backlog, reaching $455 billion. That surge happened even though Oracle missed on earnings. Investors ...
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Oracle’s stock surged on billions in new cloud contracts. Can it fund its AI promise?

Since Oracle Corp. stunned investors last month with its massive artificial-intelligence pipeline, shares of the company have pulled back from their peak as questions emerge about how the company will ...
Wall Street Journal

Oracle, OpenAI Sign $300 Billion Cloud Deal

OpenAI signed a contract with Oracle ORCL-4.47%decrease; red down pointing triangle to purchase $300 billion in computing power over roughly five years, people familiar with the matter said, a massive ...
Reuters

Moody's flags risk in Oracle's $300 billion of recently signed AI contracts

WASHINGTON, Sept 17 (Reuters) - U.S. credit rating agency Moody's Ratings flagged several potential risks in Oracle Corp's (ORCL.N), opens new tab $300 billion of recently signed artificial ...
Benzinga.com

Oracle Soars To Record Highs With Massive Cloud Contracts Tied To OpenAI

Oracle Corp. (NYSE:ORCL) extended its gains Monday, building on last week’s historic rally that underscored OpenAI’s influence across technology markets. The software giant recorded its largest stock ...