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Jun 12, 2024, 3:08 PM
Jun 11, 2024, 8:10 PM
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Despite earnings miss, Oracle shares jump on new deals with Google and OpenAI

OpenAI American artificial intelligence research organization Oracle American multinational computer technology corporation
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Oracle stock pops 13% on AI demand, new deals with Google and OpenAI

Oracle shares popped Wednesday, a day after the company released fourth-quarter results.

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Oracle shares jump on Google and OpenAI deals despite earnings miss

Oracle is allocating capital for data center construction to meet demand from OpenAI, and it's bringing its trademark database to other public clouds.

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