Tuesday, September 10, 2024

Oracle shares are up 34% since January, well outpacing the Nasdaq's 14% rise, as it becomes an attractive cloud-computing provider for AI developers (Tom Dotan/Wall Street Journal)

Tom Dotan / Wall Street Journal:
Oracle shares are up 34% since January, well outpacing the Nasdaq's 14% rise, as it becomes an attractive cloud-computing provider for AI developers  —  Long-stagnant stock is up 34% thanks to its neutral status in the booming market for AI computing power  —  Oracle missed the tech industry's move …



No comments:

Post a Comment

Israel-based Anchor, a platform for automated invoice management and collection, raised a $20M Series A, and plans to expand in the US and double its workforce (Meir Orbach/CTech)

Meir Orbach / CTech : Israel-based Anchor, a platform for automated invoice management and collection, raised a $20M Series A, and plans ...