Oracle’s shares rose on Thursday as the company inches closer to the trillion-dollar club on soaring gains from its AI cloud business.
Read More Oracle nears $1 trillion valuation, Ellison edges toward richest-person title
Tag: Magnificent Seven
Alphabet shares surge after dodging antitrust breakup bullet
The ruling on Tuesday by Judge Amit Mehta allows Google to retain control of its Chrome browser and Android mobile operating system.
Read More Alphabet shares surge after dodging antitrust breakup bullet
Wall Street mixed as investors weigh GDP data after tech mauling
Data showed the U.S. economy expanded 2.8% in the second quarter versus estimates of 2%, but inflation subsided, leaving intact expectations of a September rate cut.
Read More Wall Street mixed as investors weigh GDP data after tech mauling
AI frenzy puts Nvidia briefly ahead of Amazon in market value
Nvidia briefly surpassed Amazon.com Inc in market capitalization on Monday.
Read More AI frenzy puts Nvidia briefly ahead of Amazon in market value
Big investors say US markets rally could prove short-lived
The recent rally that has lifted U.S. stocks and bonds is more of a year-end rebound than a turning point, according to big money managers.
Read More Big investors say US markets rally could prove short-lived