Oracle Corporation is a leading global provider of cloud infrastructure and enterprise software solutions. The company specializes in database management systems, which allow organizations to efficiently store and manage their data. Additionally, Oracle offers a wide range of applications covering areas such as customer relationship management, enterprise resource planning, and supply chain management. With a strong focus on cloud computing, Oracle enables businesses to leverage advanced technologies like artificial intelligence and machine learning to enhance their operations and drive innovation. The company's solutions are utilized by organizations of all sizes across various industries, helping them to streamline processes, improve decision-making, and achieve digital transformation. Read More
Stay informed about the most active stocks in the S&P500 index on Thursday's session. Discover the stocks that are generating the highest trading volume and driving market activity.
Wall Street traded cautiously on Thursday midday, with major indexes mostly flat while the U.S. dollar slumped to over two-year lows, as investors digested a double dose of soft inflation and a surprise uptick in jobless claims that further bolstered expectations for interest rate cuts.
Let's have a look at what is happening on the US markets in the middle of the day on Thursday. Below you can find the top S&P500 gainers and losers in today's session.
Enterprise cloud giant, Oracle Corp., highlighted its strategic edge in the intensifying global AI race, something that allows it to successfully compete against the giants of this space.
Inuvo expects at least 25% revenue growth in the second quarter and completed a 1-for-10 reverse stock split to boost stock liquidity and attract more institutional investors.
Oracle Corp (NYSE:ORCL) shares are rising Thursday after the company beat analyst estimates in the fourth quarter and highlighted "skyrocketing" demand. Multiple analysts raised price targets following the company's quarterly results.
Saudi Arabia also hopes to emerge as the leader in the Middle East AI landscape, gaining an edge over the United Arab Emirates, another dominant AI player in the region.