Tag: Oracle Corp

2024-10-09

Economic tailwinds boost Kamala Harris in election homestretch, economists say

No Comments
Business

The surprisingly positive jobs report Friday has reinforced growing optimism about the U.S. economy, less than a month before the end of an extremely close presidential race between Vice President Kamala Harris and former President Donald Trump, and while voters say the economy is a top priority. Nonfarm payrolls added 254,000 jobs in September, while the unemployment rate fell…

Read More

2024-09-23

Constellation Energy to restart Three Mile Island and sell the power to Microsoft

No Comments
Business

Constellation Energy plans to restart the Three Mile Island nuclear plant and will sell the power to Microsoft, demonstrating the immense energy needs of the tech sector as they build out data centers to support artificial intelligence. Constellation expects the Unit 1 reactor at Three Mile Island near Middletown, Pennsylvania, to come back online in 2028, subject to approval…

Read More

2024-09-12

Oracle trails only Nvidia among large-cap tech in 2024, Ellison wins

No Comments
Business

Larry Ellison, co-founder, chairman and chief technology officer of Oracle, speaks during the Oracle OpenWorld conference in San Francisco on Oct. 1, 2017. David Paul Morris | Bloomberg | Getty Images Larry Ellison turned 80 last month. It’s been a celebratory year. While fellow legacy tech players Intel and Cisco struggle to find their footing in a world driven…

Read More

2024-09-10

Oracle (ORCL) Q1 earnings report 2025

No Comments
Business

Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco on Oct. 1, 2017. David Paul Morris | Bloomberg | Getty Images Oracle shares rose 13% Tuesday and are on pace to close at a record after the database software vendor reported fiscal first-quarter results that topped Wall Street estimates. Here…

Read More

2024-08-17

‘You know what to do in the stock market’

No Comments
Business

Eric Schmidt, who led Google for a decade, told Stanford students that, while he’s not one to give investment advice, he sees an obvious play in the stock market that doesn’t involve buying shares of his former employer. Schmidt said, in a video that was posted by Stanford this week and subsequently removed, that big technology companies are planning…

Read More