Oracle Corp
CNBC Daily Open: Raining on OpenAI’s parade
The steel frame of data centers under construction during a tour of the OpenAI data center in Abilene, Texas, U.S., Sept. 23, 2025. Shelby Tauber | Reuters Talk about bad timing. OpenAI’s first Stargate development to come online — a data center in Texas that’s stuffed to the brims with Oracle and Nvidia infrastructure — […]
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Stock futures are little changed after S&P 500 pulls back from record highs: Live updates
Traders work on the floor of the New York Stock Exchange. NYSE Stock futures were little changed Tuesday night after the S&P 500 pulled back from record levels. Futures tied to the Dow Jones Industrial Average edged up 15 points, or 0.03%. S&P futures were 0.04% higher, while Nasdaq 100 futures rose 0.07%. In after-hours […]
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Altman, Huang and the last-minute negotiations that sealed the $100 billion OpenAI-Nvidia deal
Sam Altman, CEO of OpenAI (L), and Jensen Huang CEO of Nvidia. Reuters ABILENE, Texas – Sam Altman had a deadline. OpenAI’s CEO was headed to Texas to unveil his company’s next big infrastructure push, and Nvidia CEO Jensen Huang wanted in on the action. Through a series of hurried negotiations, late-night calls and last-minute […]
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CNBC Daily Open: A virtuous cycle for Nvidia and OpenAI
Nvidia CEO Jensen Huang delivers the keynote for the Nvidia GPU Technology Conference (GTC) at the SAP Center in San Jose, California, U.S. March 18, 2025. Brittany Hosea-Small | Reuters Rarely in life do you get a win-win scenario, but Nvidia seems to have conjured one in its partnership with OpenAI. The chipmaker — which […]
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CNBC Daily Open: When you’re good to Nvidia, Nvidia’s good to you
Nvidia CEO Jensen Huang gestures as U.S. President Donald Trump (not pictured) delivers remarks during the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters Rarely in life do you get a win-win scenario, but Nvidia seems to have conjured one in its partnership with OpenAI. The chipmaker […]
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Stocks making the biggest moves midday: Oracle, Apple, Metsera, Compass, Kenvue and more
Check out the companies making headlines in midday trading : Better Home & Finance Holding — The mortgage lender briefly soared as much as 176% Monday after hedge fund manager Eric Jackson in a social media post on X called Better Home “the Shopify of mortgages” and said the company is rebuilding a $15 trillion […]
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TikTok deal won’t include ‘golden share’ or equity for U.S., Trump administration says
White House press secretary Karoline Leavitt says that a deal is reached between the U.S. and China where TikTok’s algorithm and data are controlled by America and are majority-owned by Americans in the United States. Mike Campbell | Nurphoto | Getty Images A preliminary deal to keep TikTok alive in the United States will not […]
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Oracle names Clay Magouyrk and Mike Sicilia as co-CEOs
The Oracle headquarters in Austin, Texas, on April 24, 2024. Brandon Bell | Getty Images Oracle is promoting its presidents of cloud infrastructure, Clay Magouyrk, and industries, Mike Sicilia, to co-CEOs, the company announced Monday. Safra Catz, the software giant’s current CEO, will serve as executive vice chair on the company board. Shares of the […]
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Trump says Murdochs are potential TikTok deal partners
U.S. President Donald Trump speaks in the Oval Office at the White House in Washington, D.C., U.S., Sept. 19, 2025. Ken Cedeno | Reuters President Donald Trump said in an interview that aired Sunday that conservative media baron Rupert Murdoch and his son Lachlan are likely to be involved in the proposal to save TikTok in […]
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White House says TikTok’s algorithm and data will be controlled ‘by America’ in new deal
White House press secretary Karoline Leavitt on Saturday revealed further details of a deal reached between the U.S. and China over control of the popular social media platform TikTok, sharing that six Americans will sit on the seven-seat board that will control the company and that the U.S. would control the app’s algorithm. “This deal […]
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