Oracle founder Larry Ellison has set up a trading plan allowing him to sell up to 50 million shares, worth about $7.5 billion, by October 24. This is unusual as Ellison has rarely sold large amounts of Oracle stock before, holding over 40% of the company. Oracle has recently boosted its cloud infrastructure revenue by 121% year-over-year but has taken on significant debt to expand into AI infrastructure, causing investor concerns and a 20% stock drop this year. Ellison remains a major shareholder and influential figure as Oracle transitions its business focus.
Cloudflare's stock surged 4%, outperforming peers Oracle and CoreWeave, as investors show strong preference for high-beta cloud computing stocks tied to AI infrastructure. Oracle saw a modest 0.7% gain, while CoreWeave fell 2%, highlighting selective...
Oracle's stock is down 50% over the past year, trading at $142.50, as it burns negative free cash flow due to heavy capex investments in AI infrastructure. However, the company holds a massive $664 billion backlog expected to convert into revenue ove...
Oracle has committed $10 million and formed a strategic partnership to support the Nashville Symphony as it restructures. This investment will help the orchestra address its immediate financial challenges, resume its 2026-27 season, and bring back fu...
Jefferies raised its bullish stance on CoreWeave after noting strong AI demand that exceeds supply, allowing the company to command higher near-term pricing. Discussions with CoreWeave's executives and customers highlighted broad demand visibility th...
In 2026, AI infrastructure stocks Broadcom, Marvell, and Oracle showed varied performance, but analysts predict all three could deliver at least 50% gains in 2027. Broadcom expects its AI revenue to double to $115 billion in fiscal 2027, supported by...
