Oracle Corporation is a leading global provider of cloud infrastructure and enterprise software solutions. The company specializes in database management systems, which allow organizations to efficiently store and manage their data. Additionally, Oracle offers a wide range of applications covering areas such as customer relationship management, enterprise resource planning, and supply chain management. With a strong focus on cloud computing, Oracle enables businesses to leverage advanced technologies like artificial intelligence and machine learning to enhance their operations and drive innovation. The company's solutions are utilized by organizations of all sizes across various industries, helping them to streamline processes, improve decision-making, and achieve digital transformation. Read More
Palantir Technologies (NASDAQ: PLTR) is a rising player in global AI, with recent NATO contract and potential growth in Middle East. Wedbush raises price forecast.
Oracle has been among the top-performing U.S. stocks in the last year, and signs point to continued growth as the company asserts AI and cloud dominance.
Oracle's cloud deals worth $30Billion could make it a leading player in hyperscale cloud. Analysts see long-term growth potential and strong AI position.
TikTok is developing a U.S.-only app with a separate algorithm and data system to comply with U.S. law and facilitate a potential sale amid political and trade tensions with China.
In a recent interview with CNBC, CoreWeave (NASDAQ: CRWV) CEO Michael Intrator acknowledged Oracle Corporation (NYSE: ORCL) as a strong rival in the artificial intelligence infrastructure sector.