Published on 12 Mar 2024 on Benzinga
Wedbush's Dan Ives is increasingly excited and optimistic about the AI revolution. He thinks the latest piece of the puzzle is hidden in software giant Oracle Corp.'s ORCL fiscal third-quarter earnings.
What Happened: Ives underscored the fact that Oracle is bullish about its AI efforts, which the company described as being in a "hypergrowth" phase during a post-earnings call with analysts on Monday.