Oracle has committed to purchasing a portion of the electricity generated by the Point Beach Nuclear Plant in Wisconsin, which has provided reliable, carbon-free power for over 50 years. This move is expected to save Wisconsin utility customers around $300 million in fuel costs, helping to shield them from rising energy expenses and maintain grid reliability. The commitment supports more than 1 million customers and complements Oracle's broader investments in Wisconsin, including Project Lighthouse, a major data center development. The deal is pending approval by the Public Service Commission of Wisconsin.
Oracle's stock is currently trading at USD 141.55 on Pluang, showing a 1-day gain of 2.51%. The company's market cap stands at $418.56 billion, with a strong buy interest of 72% among Pluang users as of Oct 02, 2026 20:13 WIB.
This week saw significant declines in AI infrastructure stocks, with neocloud companies like CoreWeave and Nebius dropping over 30% in October. Credit default swap spreads for major tech firms Meta, Nvidia, and Oracle hit record highs, signaling incr...
Oracle's stock price has dropped nearly 50% from around $250 in early June to about $125, yet Wall Street analysts remain optimistic. Goldman Sachs recently maintained a 'Buy' rating, though it lowered the 12-month price target from $240 to $206 due ...
Oracle's stock has dropped 32% in 2026 despite strong cloud business growth, including 62% cloud revenue increase and $664 billion in future contracts. Analysts see a 54% upside potential with a price target of $201.27, driven by high GPU utilization...
Oracle announced it will hold its Investor Day Meeting on October 28, 2026, during Oracle AI World. The event will be streamed live, providing investors insights into Oracle's integrated cloud applications and autonomous infrastructure. This meeting ...
Oracle announced a $1 billion investment over four years to enhance its partner ecosystem's ability to develop AI-powered solutions and services. This funding expands benefits and incentives in training, technical support, cloud migration, and go-to-...
