Oracle's stock surges 8.51% after Trump announces $500B AI initiative, solidifying its role as a key AI provider. CEO Ellison's stake also rises.
Stargate "will be the most important project of this era,” OpenAI CEO Sam Altman said Tuesday alongside Trump.
Oracle (ORCL) stock jumped 7% on Tuesday after a report said the company was set to be part of a $500 billion investment in AI infrastructure that will be announced by President Trump on Tuesday. CBS News reported Tuesday Trump is set announce a new private sector investment to build artificial intelligence infrastructure in the US,
Lumen Technologies(NYSE: LUMN) stock is seeing strong bullish momentum in Wednesday's trading. The telecommunications company's share price was up 6.3% as of 3:20 p.m. ET. Meanwhile, the S&P 500 index was up 0.7%, and the Nasdaq Composite index was up 1.3%. The stock had been up as much as 11.3% earlier in the session.
Oracle (ORCL) stock jumped 7% on Tuesday — and continued its ascent in after-hours trading — as President Donald Trump announced it would be part of a $500 billion investment in AI infrastructure with other leading tech companies.
Zuckerberg said the workforce has been "culturally neutured." With anti-DEI rhetoric on the rise, will women feel the impact?
The Meta CEO is remaking himself — and his company — as Trump sets a new tone for the country.
The Meta CEO's comments on masculinity ignore the reality of systemic inequality and the harms of reinforcing aggressive corporate culture.
The Meta CEO recently said Apple hasn't "invented anything great" since the iPhone launched under Steve Jobs, and criticized App Store fees.
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US President Donald Trump on Tuesday announced a major investment to build infrastructure for artificial intelligence (AI) led by Japan’s Softbank Group Corp, cloud giant Oracle Corp and ChatGPT-maker OpenAI.
Tech superinvestor Marc Andreessen has been traveling the podcast circuit, sharing his insider take on why his industry has veered sharply to the right of late. Eventually, these interviews, like his one with the New York Times ’ Ross Douthat, wind around to Andreessen’s theory of “the Deal, with a capital D:”