Oracle, headquartered in Austin, Texas, employs 159,000 people and offers cloud, hardware, and services across global IT environments. Its products include enterprise applications, infrastructure technologies, and various deployment models.
ORCL has been in the news recently: Larry Ellison, the founder of Oracle Corp., is optimistic about the future of AI and the company's competitive position in the market. Oracle's shares increased significantly after reporting a multicloud database revenue growth of 1,529%, despite missing fiscal first-quarter earnings expectations.
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