Oracle (ORCL) Is Up 46.9% After Announcing Major AI Deals and Ambitious Cloud Growth Plan
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Oracle (ORCL) Is Up 46.9% After Announcing Major AI Deals and Ambitious Cloud Growth Plan
Oracle recently announced a series of developments, including new AI features for its Health Patient Portal, the signing of four multibillion-dollar AI-related contracts, and a quarterly cash dividend of US$0.50 per share, alongside reporting past Q1 revenue of US$14.93 billion with net income of US$2.93 billion. A major highlight is Oracle's ...
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Larry Ellison, the co-founder of Oracle Corporation, became one of the world’s wealthiest individuals by building Oracle into a global leader in database software and cloud computing. His success is rooted in his vision for enterprise software and strong drive to innovate in the tech industry. Currently, Ellison serves as Oracle's chairman and chief technology officer, focusing on advancing cloud technologies, and he is also known for his investments in luxury real estate and owning the Hawaiian
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