Oracle’s Upbeat Quarter Calms Investors
Oracle managed to calm some frayed nerves on Wall Street on Tuesday. The cloud and software firm, which has become a focal point for investors’ anxiety about AI-related spending, reported slightly b...
Microsoft Backs Anthropic’s Lawsuit Against Pentagon
Microsoft on Tuesday backed Anthropic’s federal court request to temporarily block the Pentagon from cutting business ties with the AI firm, arguing that the Pentagon’s action could harm Microsoft...
Oracle Cloud-Server Revenue Rises 84%, Boosting Shares 8%
Oracle shares rose 8% in after-hours trading Tuesday after the firm posted strong cloud-server rental growth in the February fiscal quarter, line with its earlier projections. It also raised its proj...