Shares of Nvidia, Microsoft, Oracle, and other AI-related companies surged Wednesday after the Trump administration’s announcement of a $500 billion joint venture spurred optimism about a rising tide of AI investments.
We recently published a list of Top 10 High Flying AI Stocks This Week. In this article, we are going to take a look at where Oracle Corporation (NYSE:ORCL) stands against other top high-flying AI stocks this week.
Live Updates Make sure to refresh this page periodically for updates. Stocks on the Move Today 10:57 am Looking at a heat map of the market today, there’s a lot of red. Berkshire Hathaway (NYSE: BRK.B) is down 2%.
Shares of Nvidia (NASDAQ:NVDA) are jumping over 4% in morning trading after President Trump announced a $500 billion artificial intelligence infrastructure plan yesterday. 24/7 Wall St. Insights: President Trump unveiled Stargate,
Amid investor concerns, the Stargate project significantly boosted Nvidia’s future prospects. President Donald Trump’s announcement of Stargate has positioned Nvidia to benefit significantly from a $500 billion investment aimed at building advanced AI infrastructure in the U.S. over the next four years.
Nvidia (NASDAQ: NVDA ... SFTBY), Oracle Corp (NYSE:ORCL), and Abu Dhabi’s MGX. The venture will deploy $100 billion initially and up to $500 billion over the next four years.
Oracle Corporation stock price is soaring, fueled by excitement over a transformative initiative in artificial intelligence infrastructure.
Shares of Oracle ( ORCL 6.75%) are flying higher on Wednesday. The company's stock is up 6.4% as of 11:20 a.m. ET, but gained as much as 11.3% earlier in the day. The sharp move came as the S&P 500 and the Nasdaq Composite gained 0.7% and 1.3%, respectively.
Oracle is an enterprise software provider, best known for its database software, and provides cloud computing services. The company has made many acquisitions since its founding in 1977. Its largest one to date is Cerner,
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
Shares of Oracle ( ORCL 7.17%) are on the move today. The firm's stock is up 5.7% as of 1 p.m. ET. The leg up comes as the S&P 500 ( ^GSPC 0.88%) and Nasdaq Composite ( ^IXIC 0.64%) gained 0.6% and 0.3%, respectively.
Looking at Ciena, the company supplies to both Microsoft and Oracle. As the Stargate venture drives the creation of data centers in disparate locations, Notter thinks that Ciena's wavelength-division-multiplexing technology could help connect them.