Stock bulls everywhere beware: the US market rally narrative is loaded with risks
Bullish sentiment towards stocks is rampant in the US, as one Wall Street strategist after another raises their…
Why the Oracle-OpenAI deal caught Wall Street by surprise
This week, OpenAI and Oracle shocked the markets with a surprise $300 billion, five-year agreement, part of a…
Oracle shares surge 35% on AI cloud growth as customers race to secure computing capacity
Oracle shares soared about 35% on Wednesday after the company pointed to a demand surge for its cloud…
NZ sharemarket closes lower as tech stocks buoyed by Oracle update – Market close
“It’s really mixed here. Oracle’s announcement has obviously validated the tech side, but I suppose there’s a lot…
Musk’s title of richest person challenged by Oracle’s Ellison
He invested more than US$1b in Musk’s buyout of Twitter and served on Tesla’s board for many years.…
OpenAI and Oracle reportedly ink historic cloud computing deal
Oracle sent its shares soaring after markets closed yesterday after reporting that it signed multiple multi-billion-dollar contracts with…