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Wall Street Sphincters Tighten as Oracle Delays Its OpenAI Data Center Buildout -- Artificial Intelligence -- AJ Dellinger

Gizmodo - Technology - 5 hours ago

Oracle-Broadcom one-two punch hits AI trade, but investor optimism persists

Short-selling has been limited to smaller AI companies, with few pressing bearish bets against biggest names

The Globe and Mail - Business - 13 hours ago

Oracle says there have been 'no delays' in OpenAI arrangement after stock slide

CNBC - Technology - 20 hours ago

Analysis:Oracle-Broadcom one-two punch hits AI trade, but investor optimism persists

NEW YORK, Dec 12 : The red-hot trade backing artificial intelligence-related stocks has taken a bruising from back-to-back troubling updates from Oracle and Broadcom, reigniting concerns about frothy valuations and an AI bubble.Still, investors say reasons for optimism about AI remain intact, and many are war

Channel NewsAsia - Business - 20 hours ago

Oracle denies report on OpenAI data center delays

Dec 12 : Oracle denied on Friday a media report that it was delaying OpenAI-related data centers, following investor worries over its debt-fueled AI infrastructure buildout.Bloomberg News had earlier in the day reported that Oracle had pushed back the completion dates for some data centers it is developing fo

Channel NewsAsia - Business - 21 hours ago

Broadcom tumbles 11% despite earnings beat as 'AI angst' weighs on Oracle, Nvidia

Even with better-than-expected earnings and revenue, Broadcom slid on Friday as investors continued to grow concerned about the AI trade.

CNBC - US News - 22 hours ago

AI-led tech slide extends as Oracle, Broadcom fall

AI-related names have made losses since Oracle's mixed results on Wednesday.

CNBC - Technology - 1 day ago

A new high on Wall Street! Dow and S&P 500 set new records; Nasdaq dragged down by Oracle results

Times of India - Business - 1 day ago

Oracle lease commitments increase almost 150% to accommodate AI demand

Oracle's lease commitments now total $248 billion, with $10 billion tied to cloud capacity.

CNBC - Technology - 1 day ago

Oracle Shares Plunge 11% in Premarket, Dragging Down Major AI Stocks

Oracle shares fell around 11% in premarket trading, sparking declines across multiple AI-related stocks. The drop followed the company's latest earnings update, which prompted broader investor concerns within the tech sector.

International Business Times - Business - 1 day ago