The Latest Breaking News from Oracle

The battle between Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL) and OpenAI for dominance in the artificial intelligence sector could spill over and impact many technology companies. TV host Jim Cramer singled out Oracle Corp (NYSE:ORCL) as a stock to watch that could lose if OpenAI falls, but possibly see strong demand elsewhere.

HSBC and Deutsche are both out with very positive coverage on Oracle, saying the selloff is overdone.

Chinese startup Zhonghao Xinying has challenged NVIDIA's dominance by claiming its new 'Ghana' TPU is 1.5× faster than the 2020 A100 chip and built entirely on domestic IP.

The 95-year-old Oracle of Omaha is stepping back from Berkshire Hathaway and ending his legendary annual shareholder letters.

A Chinese startup founded by an ex-Google engineer has developed its own tensor processing unit (TPU) that it claims can offer performance over 1.5 times that of the Nvidia A100 GPU released in 2020, with up to 42 percent greater efficiency.

A large volume of deep out-of-the-money (OTM) put options has traded in Oracle Corp (ORCL). These OTM puts are set to expire in over one year but only work if ORCL stock falls 50%. The activity highlights ORCL's underlying value.

What company has a consumer base representing 44% of the world’s adult population and a $620 billion data center bill? OpenAI five years from now.

Oracle has underperformed the broader Dow Jones Industrial Average index over the past year, yet Wall Street analysts remain moderately optimistic about its prospects.

The recent AI-induced market sell-off has caused some stocks to correct more than warranted. These stocks are oversold and analysts remain bullish on them.