U.S. stocks drifted higher following another encouraging update on inflation. The S&P 500 added 0.4% Thursday and is sitting less than 2% below its record.

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.

Oracle shares soared Thursday after the enterprise software giant’s quarterly results and sales outlook sailed past Wall Street expectations. Monitor these important chart levels.

Chief Executive Safra Catz late Wednesday called for “dramatically higher” revenue growth rates in the fiscal year ahead.

Oracle knew that a massive wave of orders was coming, but they refused to build out infrastructure until contracts were signed. They faced an impossible choice: Insufficient capacity or excess capacity.

Oracle shares soared to a record high Thursday, a day after the company projected “dramatically higher" revenue growth in its current fiscal year.

Oracle stock jumped 14% on Thursday to touch an all-time high of $202.44 after the company's fiscal fourth quarter results topped Wall Street's expectations.

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.

Oracle shares surged nearly 8% in premarket trading on Thursday after the company raised its annual revenue forecast, driven by strong demand for its AI-related cloud services.

Oracle shares rose to a record high on Thursday, moving co-founder Larry Ellison ahead of a pair of other ultra-rich tech leaders for the spot of world's second-richest person.