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.
The Oracle of Omaha scooped up shares of three stocks -- including two legal monopolies -- and dumped close to $1.3 billion worth of another during the December-ended quarter.
Elon Musk, the CEO of SpaceX and Tesla (NASDAQTSLA), has publicly dismissed the idea of acquiring the widely-used short-video app, TikTok. On Jan. 19, the U.S. President, Donald Trump signed an executive order aiming to postpone the enforcement of a ban on the Chinese short-video app.
Pinterest's AI Taste Graph expands 75%, while Amazon plans a $100B AI investment. Arm confirms role in $100B Stargate AI project. DeepSeek impacts AI stocks. Qualcomm records quarter but lowers Q2 guidance.
Boeing shares gained 1.6% to close at $184.80 on Thursday; Oracle shares climbed 0.4% to settle at $172.35. Zoom shares gained 0.8% to close at $86.69 on Thursday. Uber shares gained 8.6% to settle at $69.99.
Global companies partner to integrate AI into operations. Trump's second term saw $500B Stargate AI venture, intensifying competition with Google, Microsoft, Amazon. OpenAI, SoftBank, Oracle, MGX forged partnerships. Samsung, SK Hynix may collaborate on AI memory chips.
The 44-stock, $303 billion portfolio the Oracle of Omaha oversees at Berkshire Hathaway has two amazing deals hiding in plain sight, as well as a pricey brand-name stock worth steering clear of.
