Earlier this week, Oracle announced it had signed a single cloud computing contract worth $30bn in annual revenue beginning in 2028, without naming the customer. People close to the matter confirmed ...

OpenAI has agreed to lease 4.5 gigawatts of computing power from Oracle in a deal worth about $30bn a year that is one of the largest cloud agreements to date for artificial intelligence. The deal ...

Oracle stock has been rallying since the tech giant said Monday it had landed a $30 billion annual cloud deal.

Oracle Corporation’s share was trading at $210.87 as of 18 th June. ORCL’s trailing and forward P/E were 48.59 and 31.25 respectively according to Yahoo Finance.

On June 11, 2025, Oracle Corporation (NYSE:ORCL) stock closed at $176.38 per share, with a market capitalization of $494.61 billion.

Oracle joined the alliance, which Sam Altman-led OpenAI is leading. Oracle stock ended Tuesday’s session up 0.19% at $177.48, while it has gained over 7% this year.