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,
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.
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.
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The three wealthiest Americans, Elon Musk, Jeff Bezos and Mark Zuckerberg, sat together Monday at the second inauguration of President Donald Trump.
On the day of Donald Trump’s 2017 inauguration, a group of his top billionaire donors, including the casino magnate Miriam Adelson and the future Republican National Committee finance chair Todd Ricketts, hosted a small private party, away from the publicly advertised inaugural balls.
Meta Platforms investors celebrate another momentous year of outperforming the market. Click here to read an analysis of META stock now.
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.
SoftBank Group Corp, OpenAI, and Oracle Corp are forming a $100 billion joint venture to fund artificial intelligence infrastructure, an effort unveiled with President Donald Trump aimed at speeding development of the emerging technology.
Chicago, IL – January 22, 2025 – Today, Zacks Investment Ideas feature highlights Tesla TSLA, Amazon AMZN, Meta Platforms META, Oracle ORCL and ARM Holdings ARM.
President Donald Trump on Tuesday announced a new $500 billion, private sector investment to build artificial intelligence infrastructure in the US, with Oracle (ORCL), ChatGPT creator OpenAI, and Japanese conglomerate SoftBank (9984.
Oracle's stock got a boost on Tuesday from reports about the Stargate initiative, and it closed up 7%. The formal announcement for the initiative - which featured Trump at the White House alongside OpenAI Chief Executive Sam Altman, Oracle co-founder Larry Ellison and SoftBank Group Chief Executive Masayoshi Son - came after the market's close.