Oracle
Makes programs and data centers so companies can store and organize their information.
📖 Its story
In 1977, three programmer friends opened a small company called Software Development Laboratories. Their idea was to build a database: a giant digital filing cabinet where companies could store and find information super fast. Over the years, that filing cabinet became famous all over the world.
💵 How it makes money
It charges companies and governments to use its programs and to rent space in its cloud.
🤯 Fun fact
The name Oracle comes from a CIA project with that name, which Larry Ellison worked on before starting the company.
👍 The good part
Lots and lots of banks, hospitals and governments trust its databases to keep important information.
⚠️ The risk
Building cloud data centers costs a huge amount of money, and it competes with giants like Amazon, Microsoft and Google.
🧠 Did you get it?
Where does the name Oracle come from?
🗂️ Quick facts
- Founded in: 1977
- Founded by: Larry Ellison, Bob Miner and Ed Oates
- Home: Austin, Texas (it is building a new headquarters in Nashville, Tennessee)
🔎 How to find it on the stock market
- Search the internet for ORCL stock.
- You can also find it in your parents' investing app with the letters ORCL.
- Check how much one share costs and whether today it's green (went up) or red (went down).
🎮 Buy it in the game
Soon you'll be able to invest your Monis in Oracle. Ask your mom or dad to join the list.
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