President Trump on Tuesday announced a $500 joint venture with Oracle, OpenAI, and SoftBank to build AI infrastructure in the U.S.
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.
Oracle's shares jumped nearly 9% before the bell on Wednesday after U.S. President Donald Trump said the company would make a large investment in artificial intelligence infrastructure, alongside OpenAI and SoftBank .
Tesla (TSLA) and SpaceX CEO Elon Musk said OpenAI, Oracle (ORCL) and Softbank (SFTBY) “don’t actually have the money” to back up their pledge
Oracle (ORCL) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
President Donald Trump announced the $500 billion Stargate Project in Texas to advance AI research, starting with a data center in Abilene.
As Donald Trump begins his second presidential term, market participants’ clamor for the “Trump Trade” is growing stronger. Marked by expectations around deregulation, tax cuts, infrastructure spending,
Oracle Corporation (NYSE:ORCL) stock increased by 5.7% on market opening today following the announcement of President Donald Trump's ambitious Stargate AI initiative which promises $500 billion for AI infrastructure development while building AI dominance in the U.
President Donald Trump on Tuesday announced that three leading companies would make a large investment in artificial intelligence infrastructure.