Oracle Corp
Jensen Huang explains why Nvidia’s latest partnership with OpenAI is different
In an interview with CNBC’s Jim Cramer, Nvidia CEO Jensen Huang discussed his company’s new deal with OpenAI, saying it’s the first “direct partnership” with the ChatGPT maker. “This is a partnership that, for the first time, OpenAI is going to buy directly from us,” Huang said. “Usually…a cloud service provider buys from us, and […]
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Stocks making the biggest moves midday: Oracle, Figma, Trilogy Metals, Ford and more
Check out the companies making headlines in midday trading: Oracle — The software giant fell more than 5%, leading a reversal in tech stocks, after The Information reported its margins on its cloud business are weaker than analysts currently estimate and that it is losing money on some of its Nvidia chip deals. Figma — […]
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Oracle stock slips 5% on report company is seeing thin cloud margins from Nvidia chips
The Stargate AI data center under construction in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Stargate is a collaboration of OpenAI, Oracle and SoftBank, with promotional support from President Donald Trump, to build data centers and other infrastructure for artificial intelligence throughout the US. Kyle Grillot | Bloomberg | Getty Images Oracle stock slipped […]
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OpenAI DevDay live: Jony Ive says pace of change in AI is ‘extraordinary’
OpenAI DevDay 2025 is complete That’s a wrap on this year’s DevDay! Altman and Ive exited the stage, and the attendees are leaving the venue to head outside for a reception. Thanks for following along with CNBC. —Ashley Capoot Ive hopes to build tools that ‘make us happy’ In closing, Altman asked Ive what he […]
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AMD stock skyrockets 25% as OpenAI looks to take stake in AI chipmaker
OpenAI and Advanced Micro Devices have reached a deal that could see Sam Altman’s company take a 10% stake in the chipmaker. AMD stock skyrocketed more than 25% Monday during premarket trading following the news. OpenAI will deploy 6 gigawatts of AMD’s Instinct graphics processing units over multiple years and across multiple generations of hardware, […]
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This Meta alum has spent 10 months leading OpenAI’s nationwide hunt for its Stargate data centers
Keith Heyde stands on site in Abilene, Texas, where OpenAI’s Stargate infrastructure buildout is underway. Heyde, a former head of AI compute at Meta, is now leading OpenAI’s physical expansion push. OpenAI It wasn’t how Keith Heyde envisioned celebrating the holidays. Rather than hanging out with his wife back home in Oregon, Heyde spent late […]
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The bubble in people searching for ‘AI bubble’ has burst — what that means for the stocks
Retail investors’ fear of an “AI bubble” appears to have fallen off after spiking this summer. It could mean the stocks have further to balloon before they ultimately top out. The number of U.S. and worldwide web searches for the term “AI bubble” peaked on Aug. 20 and Aug. 21, respectively, according to Google Trends […]
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Microsoft sales chief Althoff gets new role as CEO of company’s commercial business
President of Microsoft North America Judson Althoff speaks on stage during We Day at KeyArena in Seattle, Washington, on April 23, 2015. Mat Hayward | Getty Images Microsoft‘s top-ranking sales leader, Judson Althoff, has been promoted to a bigger role as CEO of the company’s commercial business. Satya Nadella, Microsoft’s CEO, wrote in a memo […]
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S&P 500 closes above 6,700 for first time as traders bet on short-lived shutdown
Traders work at the New York Stock Exchange on Oct. 1, 2025. NYSE The S&P 500 closed at a record high on Wednesday as traders were hopeful that a U.S. federal government shutdown would be brief and possibly have little impact on the economy. The broad market index gained 0.34% to close at 6,711.20. Earlier, […]
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Microsoft sales chief Althoff gets new role as CEO of company’s commercial business
President of Microsoft North America Judson Althoff speaks on stage during We Day at KeyArena on April 23, 2015 in Seattle, Washington. Mat Hayward | Getty Images Microsoft‘s top-ranking sales leader, Judson Althoff, has been promoted to a bigger role as CEO of the company’s commercial business. Satya Nadella, Microsoft’s CEO, wrote in a memo […]
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