Stocks slid as AI concerns resurfaced after reports Oracle’s Michigan data center project faced funding uncertainty. Oracle denied the claims, but shares fell sharply, weighing on broader AI-linked ...
The tech sector sold off as investors took in a report that Oracle's $10B data center for OpenAI is in jeopardy. Sources told the FT that talks to build the data center have stalled due to concerns ...
Fresh concerns about data-center funding weighed down Oracle’s stock on Wednesday, but the selloff is looking overdone to some on Wall Street. Christine Ji is a reporter covering Big Tech.
Investing.com -- The S&P 500 closed lower Wednesday, extending its recent decline as slide in Oracle and Nvidia soured investor sentiment on the AI trade. Shares of tech giant Oracle Corporation (NYSE ...
NEW YORK, Dec 12 (Reuters) - The red-hot trade backing artificial intelligence-related stocks has taken a bruising from back-to-back troubling updates from Oracle and Broadcom, reigniting concerns ...
The benchmark S&P 500 index and the tech-heavy Nasdaq Composite opened lower on Thursday after Oracle (ORCL) posted mixed results, pressuring the AI trade. “Bond yields have also moved lower, which ...
Oracle Corporation (NYSE: ORCL) shares are trading lower Thursday after the company reported second quarter revenue below estimates on Wednesday. Multiple analysts lowered their price targets on the ...