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.
The effort was described as a $500 billion investment in artificial intelligence. Read how a small Texas city with a population of about 130,000 fits into the plans.
President Donald Trump said he is open to Elon Musk or Oracle (ORCL) Chairman Larry Ellison purchasing TikTok as part of a joint venture with
President Donald Trump expressed openness to Tesla CEO Elon Musk or Oracle Chairman Larry Ellison acquiring TikTok.
Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of
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.
U.S. President Donald Trump said on Tuesday he was open to billionaire Elon Musk buying social media app TikTok if the Tesla CEO wanted to do so.
President Donald Trump has announced the "Stargate" project, a new initiative to expand AI infrastructure across the United States. Major tech companies, including Oracle (ORCL) and OpenAI, have joined the partnership.
Stocks closed solidly higher on Thursday for the fourth straight session as investor optimism about the Trump administration continues to run high.
WASHINGTON (Reuters) - U.S. President Donald Trump on Thursday dismissed criticism from close ally Elon Musk about a $500 billion artificial intelligence project that Trump announced with great fanfare at the White House earlier this week.
ByteDance (BDNCE) board member Bill Ford said the TikTok parent is exploring a deal to keep the short video app running in America without selling its operations there.