Wall Street rose to more records even as a sell-off for Oracle and worries about a potential bubble in artificial-intelligence technology weighed on the market. The S&P 500 edged up 0.2% Thursday to ...
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Dow Jones futures: Broadcom skids despite seeing AI chip sales double
Dow Jones futures were little changed after hours, along with S&P 500 futures and Nasdaq futures. BroadcomAVGO turned solidly ...
Oracle Corp. shares fell the most in more than 24 years after the company reported a jump in spending on AI data centers and ...
Oracle led tech stocks lower Thursday after the cloud computing provider's quarterly sales missed analysts' estimates.
Oracle shares sank nearly 11% on Thursday as the company's massive spending and weak forecasts fanned doubts over how quickly ...
Long known for dull back-office software systems, Oracle this year found a renewed purpose as a provider of cloud computing ...
It’s not every day we write about debt in this newsletter, but tech investors are increasingly paying attention to credit as ...
Time announced exclusively on TODAY Dec. 11 that it has recognized AI’s seismic impact by naming the “Architects of AI” as ...
Oracle shares sank 13% on Thursday, sparking a tech selloff as the company's massive spending and weak forecasts fanned ...
Rising concerns about OpenAI’s mounting costs — set to hit $1.4 trillion due to its deal spree with firms including Nvidia ( ...
The only example that didn't sell off during the following year was Intel Corp. (INTC), whose co-founder and then-CEO Andy Grove was named "Person of the Year" in 1997. Intel shares were hammered a ...
Oracle and other AI stocks tumbled on Thursday after the company reported surging expenditures related to its AI data center buildout, reinforcing concerns on Wall Street about debt-fueled spending on ...
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