Alphabet Inc
These are the stocks to play the next ‘bottleneck’ in AI, according to the pros
There’s been a lot of talk about artificial intelligence’s current phase: infrastructure building. That has obvious benefits for chipmakers such as Nvidia and hyperscalers like Amazon , Microsoft and Alphabet . Hyperscalers provide the massive cloud computing power needed for AI applications, and analysts have predicted the growing need for more data centers as they […]
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Broadcom beats earnings estimates, announces 10-for-1 stock split
Igor Golovniov | Lightrocket | Getty Images Broadcom posted earnings for the second fiscal quarter on Wednesday that beat analyst estimates. It also announced a 10-1 stock split, set to begin trading on a split-adjusted basis on July 15. The stock rose about 10% in extended trading. Here’s how the company did versus LSEG consensus […]
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Larry Ellison is $18 billion richer after Oracle shares rally the most since 2021
Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco on Oct. 1, 2017. David Paul Morris | Bloomberg | Getty Images Oracle Chairman Larry Ellison is $18 billion richer after the software maker he founded in 1977 forecast double-digit revenue growth for the fiscal year, putting […]
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Healthy Returns: What we know about the next round of Covid vaccines
New vaccine COMIRNATY® (COVID-19 Vaccine, mRNA) by Pfizer, available at CVS Pharmacy in Eagle Rock, CA. Irfan Khan | Los Angeles Times | Getty Images Think a friend or colleague should be getting this newsletter? Share this link with them to sign up. Good afternoon! It’s almost that time of the year again. A new […]
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Jim Cramer says the best is yet to come at Oracle — plus, his thoughts on 4 more stocks
Jim Cramer’s daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Oracle : The tech giant had a mixed quarter. But it announced new artificial intelligence partnerships with Alphabet ‘s Google and Microsoft -backed OpenAI. Oracle also reported strong RPO, short for remaining performance obligation. RPO is what contracted […]
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Oracle stock pops 10% on AI demand, new deals with Google and OpenAI
Oracle Chairman of the Board and Chief Technology Officer Larry Ellison delivers a keynote address during the 2019 Oracle OpenWorld in San Francisco on Sept. 16, 2019. Justin Sullivan | Getty Images Oracle shares jumped more than 10% on Wednesday, a day after the software company announced its fourth-quarter results and cloud deals with Microsoft-backed […]
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Shares creating the largest premarket moves: Oracle, Paramount, Birkenstock, Rentokil Original and more
Test out the organizations producing the major moves in premarket buying and selling: Oracle — The cloud services business superior nearly 8% soon after saying offers with Google and OpenAI. Oracle programs to make its databases offered to Google Cloud starting in November, and also planned to partner with Microsoft and OpenAI for supplemental computing […]
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Microsoft-backed Mistral AI raises $645 million at a $6 billion valuation
French founder of artificial intelligence start-up Mistral AI, Arthur Mensch attends the Viva Technology show at Parc des Expositions Porte de Versailles on May 22, 2024 in Paris, France. Chesnot | Getty Images Entertainment | Getty Images Mistral AI, a French tech startup, raised a funding round of 600 million euros ($645 million), as huge […]
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Amazon’s AWS to launch new infrastructure area in Taiwan amid fast Asia-Pacific growth
Rio de Janeiro , Brazil – 4 May possibly 2023 Amazon Net Companies branding, throughout working day three of Website Summit Rio 2023 at Riocentro in Rio de Janeiro, Brazil. (Photo By Eóin Noonan/Sportsfile for Internet Summit Rio by way of Getty Photographs) Eóin Noonan | Sportsfile | Getty Photographs Amazon Internet Products and services, […]
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Oracle shares jump on Google and OpenAI specials in spite of earnings pass up
Larry Ellison, co-founder, chairman and chief technological innovation officer of Oracle, speaks during the Oracle OpenWorld conference in San Francisco on Oct. 1, 2017. David Paul Morris | Bloomberg | Getty Images Oracle shares jumped as a great deal as 9% in prolonged trading on Tuesday immediately after the software maker announced cloud offers with […]
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