AI Stocks Back in Favor Thanks to Trump Oracle Deal
Yesterday the world of AI and stocks in the sector changed as President Donald Trump announced the formation of Stargate , a new $500 billion joint venture deal to build artificial intelligence infrastructure in the US, with Oracle ( NYSE:ORCL ), ChatGPT creator OpenAI, and Japanese conglomerate SoftBank all at the table ..
Shares of Oracle ( ORCL 6.75%) are flying higher on Wednesday. The company's stock is up 6.4% as of 11:20 a.m. ET, but gained ...
Key Takeaways Oracle shares soared Wednesday for the second straight session as investors reacted to news that the enterprise ...
The joint venture, called Stargate, plans to invest $500 billion to help the United States stay ahead of China and other ...
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On Tuesday afternoon, President Donald Trump held a press conference to announce Stargate, a $500 billion artificial ...
Stargate 1 project is a massive $500 billion AI infrastructure initiative in collaboration with tech giants like OpenAI, ...
Wednesday's Forbes Daily covers a historic winter storm in the South, how much Trump really gained from crypto, a struggling real estate mogul and more.
President Donald Trump called Stargate, a new joint venture by OpenAI, Oracle, and SoftBank, "the largest AI infrastructure ...
Global shares climbed as technology stocks rose after President Trump announced significant AI infrastructure spending. A ...
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Musk slammed a Trump-backed $500 billion AI joint venture building out OpenAI’s artificial general intelligence.
President Donald Trump's boost to AI demand hopes is outweighing fresh tariff threats on China and the EU, as earnings season ...
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