Since becoming the CEO of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) in 1965, Warren Buffett has masterfully steered the ship. Whereas the benchmark S&P 500 hasn't quite reached a 30,000% total return, including dividends paid, since Buffett became CEO, he's overseen a 4,544,578% aggregate gain in his company's Class A shares (BRK.A), as of the closing bell on Sept. 19, 2023. Although Buffett isn't infallible, he has a knack for picking far more winners than losers.
At the annual CloudWorld conference held in Las Vegas last week, Oracle Corporation (NYSE:ORCL) introduced a range of products and updates centered around generative AI, a technology that co-founder and CTO Larry Ellison considers one of the most significant technological innovations. This move is in line with the company's strategy to cater to the rising demand from enterprises for generative AI-related workloads, which Oracle anticipates will boost its revenue in upcoming quarters.
MongoDB (MDB) introduces an initiative called Atlas for Manufacturing and Automotive, which assists organizations in deploying applications that leverage real-time data for process optimization.