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After a surge in cloud demand during the pandemic, businesses are rethinking their digitization plans, hurting Oracle as it plays catch-up in a segment dominated by larger rivals such as Amazon Web Services and Microsoft. Still, analysts have said that the rise in adoption of artificial intelligence (AI) applications could boost Oracle's cloud infrastructure business because the advances made in its networking technology are more suited to take on AI workloads. Ellison, a self-described c...

After a surge in cloud spending during the pandemic, businesses are rethinking their digitization plans, hurting Oracle as it plays catch-up in a segment dominated by larger rivals such as Amazon Web Services and Microsoft. Still, the rise in adoption of artificial intelligence (AI) applications could boost Oracle's cloud infrastructure business as the advances made in its networking technology are more suited to take on AI workloads, analysts have said.

(Reuters) -Oracle narrowly missed market expectations for first-quarter revenue on Monday as companies pared back spending on cloud services due to an...

The mooted acquisition, expected to be worth as much as $400 million, was revealed by Street Talk on Thursday. The sale process is being run by Goldman Sachs.

-- Guidewire Software shares rose 12% after analysts including JPMorgan raised the companys stock target following fiscal Q4 results. The company, whose software is used in the property and...

Artificial intelligence is a hotbed of opportunity for investors right now.

These stocks should be even bigger winners than they already are when a new bull market takes hold.

Catalyst Capital Advisors LLC lessened its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 24.5% in the 1st quarter, Holdings Channel.com reports. The firm owned 4,637 shares of the e-commerce giant’s stock after selling 1,503 shares during the quarter. Catalyst Capital Advisors LLC’s holdings in Amazon.com were worth $479,000 as of its most recent filing […]

Cary Street Partners Asset Management LLC trimmed its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 10.5% during the first quarter, Holdings Channel reports. The firm owned 16,720 shares of the e-commerce giant’s stock after selling 1,959 shares during the quarter. Cary Street Partners Asset Management LLC’s holdings in Amazon.com were worth $1,727,000 at the […]