U.S. President-elect Donald Trump looks on as SoftBank CEO Masayoshi Son delivers remarks at Trump’s Mar-a-Lago resort on December 16, 2024 in Palm Beach, Florida.President Donald Trump will announce a joint venture Tuesday with OpenAI, Oracle and Softbank to invest billions of dollars in AI infrastructure in the United States, CNBC's Eamon Javers and NBC News' Peter Alexander report.The project, dubbed Stargate, will be unveiled at the White House by Trump, Softbank CEO Masayoshi Son and executives from Or ...

Oracle co-founder Larry Ellison, center, watches Andy Murray of Great Britain against Alexander Zverev of Germany during their third round match on Day 9 of the BNP Paribas Open at the Indian Wells Tennis Garden on October 12, 2021 in Indian Wells, California.Oracle shares jumped 6% on Tuesday on reports that the software maker is involved in a joint venture with OpenAI and SoftBank to build artificial intelligence infrastructure in the U.S.President Donald Trump, who returned to the White House on Monday, ...

Oracle Database continues to push the boundaries of enterprise AI development, enabling customers to work with any data and workload types, at any scale, and in any hyperscalerAUSTIN, Texas, Jan. 21, 2025 /PRNewswire/ -- Oracle has been recognized as a Leader in the 2024 Gartner® Magic Quadrant™ for Cloud Database Management Systems. Oracle's converged database architecture enables customers to leverage multiple data and application development models to support enterprise data and AI workloads. A complimen ...

Leading European retailer selects Oracle retail and warehouse management solutions to increase efficiency and security as it grows its omnichannel businessAUSTIN, Texas and UTRECHT, Netherlands, Jan. 21, 2025 /PRNewswire/ -- WE Fashion (WE®), one of the Netherlands' most recognized fashion retailers, has selected Oracle Cloud to redesign its business processes and increase the agility and security of its omnichannel operations. The family-owned business established in 1962 caters to men, women, and kids in ...

Oracle (ORCL) ended the recent trading session at $158.31, demonstrating a +1.28% swing from the preceding day's closing price. The stock's change was less than the S&P 500's daily gain of 1.83%. On the other hand, the Dow registered a gain of 1.65%, and the technology-centric Nasdaq increased by 2.45%.The software maker's stock has dropped by 7.9% in the past month, falling short of the Computer and Technology sector's loss of 3.84% and the S&P 500's loss of 3.31%.Investors will be eagerly watching for the ...

Company Overview - Oracle has traditionally been recognized for its database technology but has recently accelerated its expansion into cloud infrastructure, industry-specific software solutions, and artificial intelligence [2] - The company's shift to cloud services has evolved from a gradual transition to a more focused strategy, particularly in AI and machine learning [2] Industry Trends - The cloud infrastructure market is a key area of growth, with Oracle positioning itself as a significant player alongside other major cloud service providers [2] - Artificial intelligence and machine learning are becoming increasingly important in the tech industry, with Oracle investing in these areas to enhance its offerings [2] Analyst Insights - The author, a DevOps Engineer with expertise in AI and machine learning, provides insights into Oracle's advancements in AI tools and applications [2] - The author is in the process of obtaining advanced AWS machine learning certifications, indicating a deep understanding of the technical aspects of AI and machine learning [2]

Company Overview - Atlas Salt Inc is developing Canada's next salt mine, focusing on innovation, efficiency, and sustainable mining practices [8] - The company is set to make significant contributions to the North American salt market while emphasizing environmental stewardship and community engagement [8] Project Details - Atlas Salt is developing the Great Atlantic Salt (GAS) deposit, which is expected to initially produce up to 2.5 million tons of rock salt annually [2] - The GAS project represents North America's first new salt mine in nearly three decades [2] Technology Implementation - Atlas Salt is utilizing Oracle's project and financial management solutions, including Oracle Aconex, Oracle Primavera Cloud, and Oracle NetSuite, to optimize operations [3] - These tools are expected to save millions of dollars and cut several months off the project timeline [3] - Oracle Aconex enhances collaboration, transparency, and financial efficiency, while Oracle Primavera Cloud connects data and teams through centralized planning and scheduling [5] - NetSuite's ERP system improves visibility across the business, optimizes corporate budgeting, and simplifies procurement processes [5] Operational Benefits - The integrated Oracle system provides critical visibility and accountability, driving efficiency across operations and strengthening relationships with key stakeholders [6] - Real-time tracking and enhanced financial forecasting improve cash flow management and financial discipline, aiding in attracting potential new funding [6] - The system allows for better management of complex project dynamics and real-time adjustments to work plans and financial forecasts [7] Industry Impact - Oracle's solutions enable digital transformation for teams planning, building, and operating critical assets, improving efficiency, collaboration, and change control across the project lifecycle [9] - Oracle NetSuite has been helping organizations grow, scale, and adapt to change for over 25 years [11]

Redesigned Oracle Retail Xstore Point of Service empowers associates to be more efficient while delivering exceptional customer experiences that foster loyaltyArchitecture enhancements support innovation with greater security and performance NEW YORK, Jan. 13, 2025 /PRNewswire/ -- National Retail Federation 2025: Retail's Big Show -- Enabling retailers to energize their operations and in-store engagement, Oracle today unveiled the latest version of Xstore Point of Service. The cloud application has been red ...

ToplineThe Supreme Court’s signaling it may uphold a ban on TikTok, the wildly popular shortform video social media app, sent shockwaves through the stock market Friday, boosting shares of companies behind rival platforms and hitting hard one key TikTok partner.Protestors stand outside of the Supreme Court on Friday.Getty Images Key FactsThe Supreme Court heard oral arguments Friday in TikTok’s appeal against a law requiring its private Chinese parent company ByteDance to divest its TikTok holdings by or fa ...

The advent of AI has sent the semiconductor industry into overdrive over the past year. Volatility is part of the price of admission.The market ended the week on a somber note as the economy once again took center stage. Investors were digesting a surprisingly robust jobs report that highlighted the Federal Reserve's ongoing battle with inflation, the potential for future interest rate cuts, and what it means for the overall economy. To add insult to injury, a decision by the Biden administration regarding ...