FOMO is driving inflated valuations in the tech sector, reminiscent of past financial bubbles. Oracle's current P/E ratio of 75x is 143% above its five-year average, signaling overvaluation. Massive ...

Oracle shares fell is morning trading Thursday, retreating a day after soaring 36% in their best session since 1992. The surge in Oracle stock yesterday briefly lifted the net worth of chair and ...

OpenAI has struck a landmark deal with Oracle to buy $300 billion in computing power over five years, highlighting both the explosive rise of AI and the growing financial risks around it. People ...

Oracle's stock surged 36% after reporting record future revenue obligations. Jefferies sees more upside, lifting its stock price target to $360 on cloud and AI growth. Analysts point to Oracle's ...

A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. The catalyst wasn’t a flashy product rollout or a surprise earnings beat — in ...

OpenAI today confirmed that it has signed an agreement to purchase computing infrastructure worth $300 billion from Oracle Corp. over a period of roughly five years, as part of its previously ...

OpenAI signed a contract with Oracle ORCL-1.71%decrease; red down pointing triangle to purchase $300 billion in computing power over roughly five years, people familiar with the matter said, a massive ...

Oracle's stock surged as much as 43% on Wednesday, hitting a record high. Investors responded positively to an aggressive forecast for Oracle's cloud-computing business. The company is showing Wall ...

Larry Ellison has become the world's richest person, overtaking Elon Musk, after Oracle shares soared by over a third on Wednesday, Bloomberg's Billionaire Index showed. The boom in artificial ...

Oracle chairman Larry Ellison is the newly minted richest person on earth. Ellison dethroned Tesla CEO Elon Musk as his net worth soared more than $100 billion in a single day. He can thank Oracle's ...

Oracle's stock surge has pushed co-founder Larry Ellison's net worth higher by tens of billions of dollars the last two days and puts him ahead of Tesla CEO Elon Musk as the richest person in the ...

Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. Oracle shares soared more than 30% in premarket trading Wednesday after the computing giant ...