Oracle stock pops 10% on AI demand, new deals with Google and OpenAI

Oracle chairman of the board and chief technology officer Larry Ellison delivers a keynote address during the 2019 Oracle OpenWorld on September 16, 2019 in San Francisco, California.Oracle shares jumped more than 10% on Wednesday, a day after the software company announced its fourth-quarter results and cloud deals with Microsoft-backed OpenAI and Google.The company reported $14.29 billion in revenue for the quarter, up 3% year over year and shy of the $14.55 billion expected by analysts according to LSEG. ...