CoreWeave beats third-quarter revenue estimates on AI computing boom
(Reuters) -AI cloud provider CoreWeave beat Wall Street estimates for third-​quarter revenue on Monday, benefiting from surging ‌demand…
Which AI Cloud Stock Has More Room to Run?
Nebius Group N.V. NBIS and Amazon.com, Inc. AMZN are major players in the rapidly expanding AI cloud infrastructure…
Foxconn to invest up to $1.37 billion to expand cloud compute services and accelerate AI development
Foxconn, the Taiwan-based electronics manufacturer, announced late Monday that its board of directors has approved an investment of…
After a Massive 207.5% Run-Up, Is This AI Stock Still a Buy?
Finding great stocks with the potential to deliver sustained growth over the long haul is no easy feat.…
This Artificial Intelligence (AI) Stock Could Be the Next Trillion-Dollar Giant
Oracle is already withing striking distance of joining the trillion-dollar club. Its AI cloud infrastructure business is a…
What Oracle (ORCL)’s Bold AI Cloud Strategy and 2030 Targets Mean for Shareholders
Oracle hosted its Financial Analyst Day and AI World event, unveiling ambitious revenue and profit targets for fiscal…
A Look at Amazon (AMZN) Valuation as AI Investment and Corporate Layoffs Drive Next Growth Phase
Amazon.com (AMZN) is making waves with its announcement of major corporate layoffs focused on its human resources division.…
Zyphra Taps IBM, AMD To Build Next-Gen AI Superagent
International Business Machines (NYSE:IBM) and Advanced Micro Devices (NASDAQ:AMD) announced on Wednesday a strategic collaboration to provide Zyphra,…
Vultr and FluidCloud Announce Cloud Migration for Enterprises
WEST PALM BEACH, Fla.– Vultr, a cloud infrastructure company, today announced that FluidCloud, a portable cloud infrastructure company, has joined…
Oracle Skyrocketed Based on Its AI Outlook. Is It Too Late to Buy the Stock?
While Oracle’s latest quarterly results narrowly missed expectations, the company saw a big surge in contract signings in…
Oracle Had a ‘Brilliant’ Quarter, CEO Says. Its Stock Is Popping on AI Demand
David Paul Morris / Bloomberg / Getty Images Oracle said it now sees cloud infrastructure sales jumping 77%…