Oracle Corporation (ORCL) Expands Partnerships and Enterprise Cloud Presence

Oracle Corporation (NYSE:ORCL) is one of the best blue chip stocks to buy for the long term. On February 26, Oracle announced a multi-year extension and expansion of its title partnership with Oracle Red Bull Racing. The deal deepens what Oracle described as the most integrated team technology partnership in Formula 1. The partnership’s original five-year deal, signed in 2022, was worth $300 million. However, the companies did not disclose the financial terms for the extension. In terms of technology, t ...