Oracle Stock Surges on Trump's Stargate Project
Oracle stock is higher Wednesday after President Trump announced the $500 billion AI-focused Stargate Project. Here's what you need to know.
Oracle's AI Moonshot: Why Project Stargate Could Propel ORCL Stock Higher
Oracle's stock surges 8.51% after Trump announces $500B AI initiative, solidifying its role as a key AI provider. CEO Ellison's stake also rises.
Oracle surges, chip stocks rise as Trump unveils $500 bln AI plan
Oracle's shares jumped nearly 9% before the bell on Wednesday after U.S. President Donald Trump said the company would make a large investment in artificial intelligence infrastructure, alongside OpenAI and SoftBank .
Trump announces $500 billion 'Stargate' AI venture headed by Oracle, OpenAI, SoftBank
Oracle stock jumped 6% on a report that Trump plans to announce billions of dollars in private sector investment to build artificial intelligence infrastructure in the US.
What Is the Trump-Backed Stargate AI Project and Why Is It Controversial?
Trump this week announced a venture between OpenAI, the maker of ChatGPT, Oracle and SoftBank that will invest up to $500 billion aimed at ramping up artificial intelligence infrastructure like data centers and power generation to meet the vast demands of AI processing.
Trump-Back Stargate AI Project Spawns Altman-Musk Clash
The tech billionaires have a rocky history, and Musk's comments about funding for the project, which could attract $500 billion prompted a pointed response from OpenAI leader Altman.
Trump Trade: Musk plays down Stargate AI investment announcement
Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of
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Nvidia Eyes New Highs Amid Trump's Stargate Optimism; Is Nvidia A Buy Now?
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Oracle Corporation (ORCL)
President Donald Trump has announced the "Stargate" project, a new initiative to expand AI infrastructure across the United States. Major tech companies, including Oracle (ORCL) and OpenAI ...