Oracle's stock surged over 35% after reporting record AI-driven cloud growth and strong future revenue projections.

Oracle shares soared about 40% on Wednesday after the company pointed to a demand surge for its cloud services from AI firms, underscoring its deeper push into the backbone of artificial intelligence ...

The Wall Street Journal also reported on Wednesday that OpenAI has signed a $300 billion deal with Oracle for computing power, among the biggest in history, likely accounting for the bulk of the new ...