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.
Oracle was hit by the big news of the day -- the revelation of the latest version of the Chinese artificial intelligence (AI) model DeepSeek -- as well as complications with President Trump's AI initiative.
Live 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%. Healthcare stocks are uneven with Johnson & Johnson (NYSE: JNJ) down 3% following earnings.
Companies such as Oracle Corp. (ORCL), Nvidia Corp. (NVDA), Microsoft Corp. (MSFT) and SoftBank Group Corp. (JP:9984) were involved in the initiative and saw their stocks move higher on the ...
Citi analysts, led by Atif Malik, confirmed their Buy rating on NVIDIA (NASDAQ:NVDA) shares with a price target of $175.00. The semiconductor giant has demonstrated exceptional performance, with revenue growth of over 150% in the last twelve months and maintaining impressive gross profit margins of nearly 76%.
Following his inauguration, President Donald Trump unveiled what he calls “the largest AI infrastructure project in history.” Dubbed Stargate, the $500 billion joint venture between OpenAI, Oracle (ORCL),
Oracle, driven by AI and cloud, projects a 15% stock price CAGR potential over five years, and a fair valuation amid a changing U.S. regulatory climate.
With its current market cap of $3.34 trillion, Nvidia has the potential to reach a $10 trillion valuation within the next decade by leveraging its strengths in critical sectors and seizing new opportunities.
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.
Shares of AI-related companies surged Wednesday after President Trump announced a $500 billion joint venture with Oracle, OpenAI, and SoftBank to build AI infrastructure in the U.S. As key ...
DeepSeek's large-language-model launch could wipe nearly $1 trillion in market value from the biggest U.S. tech companies.
Microsoft (MSFT.O) has announced that it changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle (ORCL.N) and Japan's SoftBank Group (9984.T) to build up to $500 billion of new AI data centers in the United States.