First we had FAANG, then the Mag 7, and now one strategist is suggesting another acronym - GAMMATON - to capture the essence of the AI plays. The magnitude of AI capital expenditure, illustrated so ...

Oracle shares retreated on Thursday, paring gains from a record rally in the previous session that had propelled the software giant close to the coveted $1 trillion market capitalisation mark. The ...

Copyright 2025 The Associated Press. All Rights Reserved. Copyright 2025 The Associated Press. All Rights Reserved. Trader Niall Pawa, left, and specialist Dilip ...

Oracle shares retreated on Thursday after a record AI-driven surge in the previous session that put the company closer to the trillion-dollar mark and co-founder Larry Ellison within striking distance ...

US markets had a mixed session on Wednesday with signs of exhaustion emerging at higher levels, not before the tech-heavy indices posted yet another record high in the early part of the session. The S ...

FUTURES tied to the S&P 500 hit an all-time high on Wednesday, propelled by a surge in cloud computing firm Oracle, as investors awaited producer prices data due later in the day for insights into U.S ...

With Wednesday's gains, shares of Oracle have roughly doubled in value since the start of this year. Oracle shares jumped 36% on Wednesday to a record high after the cloud computing giant reported a ...

Oracle's stock surged as much as 43% on Wednesday, hitting a record high. Investors responded positively to an aggressive forecast for Oracle's cloud-computing business. The company is showing Wall ...

The optimism was echoed by analysts. Piper Sandler’s Brent Bracelin maintained an Overweight rating and raised the price forecast from $270 to $330, highlighting Oracle’s transformation from a ...

Fed-funds futures traders priced in a roughly 10% probability of a rate cut of 50 basis points, or half a percentage point, on Sept. 17, after Wednesday morning's subdued August producer-price index ...