Latest in Oracle, Nvidia and other Big Tech stocks jump as Trump rolls out Stargate AI initiative
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Trump announces AI infrastructure investment backed by Oracle, OpenAI and Softbank
President Donald Trump announced a venture with OpenAI, Oracle and Softbank to invest billions of dollars in U.S. AI infrastructure.CNBC - 6h -
Oracle, Nvidia and other Big Tech stocks jump as Trump rolls out Stargate AI initiative
President Trump announced a major AI infrastructure investment of “at least $500 billion,” signaling a willingness to work alongside large tech companies.MarketWatch - 7h -
Trump Announces Project Stargate, a Massive New Investment in AI
The venture involves OpenAI, Softbank, and Oracle, and starts with an investment of $100 billion.Inc. - 7h -
Trump announces 'Stargate' AI infrastructure project with 'colossal data centers'
President Trump is joined by Larry Ellison, Masayoshi Son and Sam Altman to announce a new American company that will invest $500 billion in AI infrastructure.NBC News - 8h -
Oracle shares jump 7% on involvement in AI infrastructure initiative that Trump will announce
Oracle will be involved in a joint venture for artificial intelligence infrastructure in the U.S. that President Trump will announce.CNBC - 9h -
Goldman Sachs rolls out an AI assistant for its employees as artificial intelligence sweeps Wall Street
Wall Street has embraced generative AI faster than any other disruptive tech in recent years because of how adept the models are in replicating human cognition.CNBC - 13h -
Game Developers Are Getting Fed Up With Their Bosses’ AI Initiatives
A survey of video game developers released Tuesday indicates that a growing number of them fear artificial intelligence will have a negative impact on the industry as a whole.Wired - 13h -
Trump Announces $100 Billion A.I. Initiative
OpenAI, Oracle and SoftBank formed a new joint venture called Stargate to invest in data centers, building on major U.S. investments in the technology.The New York Times - 7h -
Tech is now betting on AI ‘agents.’ Will they boost stocks or take your job?
Software companies like Salesforce are marketing their newest generative artificial-intelligence products as “agents” and “digital labor” — but analysts doubt agentic AI’s ability to take jobs or ...MarketWatch - 9h -
Why Trump may need big companies to spend less on stock buybacks
Tech companies have gone big on stock buybacks, but the industry may need to spend more on capital expenditures to realize the president’s economic goals.MarketWatch - 9h -
Goldman Sachs rolls out an AI assistant for its employees as artificial intelligence sweeps Wall Street
Goldman Sachs is rolling out a generative AI assistant to its bankers, traders and asset managers, the first stage in the evolution of a program that will eventually take on the traits of a ...NBC News - 9h -
Trump to announce AI infrastructure investment backed by Oracle, OpenAI and Softbank
President Donald Trump will announce a joint venture Tuesday with OpenAI, Oracle and Softbank to invest billions of dollars in AI infrastructure in the United States.NBC News - 9h -
Trump's second term kicks off with a broad rally and late day bump for AI stocks
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - 11h -
GM’s stock jumps as one analyst points to ‘positive surprises’ in upgrade
GM’s stock rallies as Deutsche Bank boosts its rating to buy from hold.MarketWatch - 15h -
This is Nvidia’s secret weapon and it’s likely to propel the stock in 2025
Strength in data center GPUs, networking, services, and emerging products fortify Nvidia’s competitive ‘moat.’MarketWatch - 3d -
Here are the Big Tech CEOs attending Trump's inauguration
The CEOs of several of the world’s biggest technology companies are planning to attend President-elect Trump’s inauguration Monday. The leaders of Amazon, Google, Meta, Tesla, TikTok and OpenAI ...The Hill - 5d -
TikTok CEO expected to attend Trump's inauguration with other tech leaders
TikTok CEO Shou Chew has been invited to, and is expected to attend, President-elect Donald Trump’s inauguration on Monday.NBC News - 5d -
Richemont stock is surging by the most ever. Other luxury plays are jumping too.
The struggling European luxury-goods sector roared to life Thursday after Richemont reported its highest-ever quarterly sales as it blew by analyst estimates.MarketWatch - 5d -
There's a popular tech stock washout Monday as Palantir, Nvidia and Rigetti Computing drop
Popular technology stocks tumbled Monday as bond yields rose, dragging down tech-heavy Nasdaq-100 futures.CNBC - Jan. 13 -
Lululemon’s stock jumps as strong holiday sales show demand is improving
Lululemon’s stock rallies toward a 10-month high after guidance for profit, revenue and gross margin were raised.MarketWatch - Jan. 13 -
Nvidia’s stock is down 9% from its recent record. That shows the short term is winning out for now.
Nvidia’s stock is off 9% from an all-time high hit earlier this week, with investors focused more on the here and now than on new eye-popping projections of market opportunity.MarketWatch - Jan. 10 -
Italy's Giorgia Meloni: Trump's Greenland remarks 'a message to some other big global players'
Italian Prime Minister Giorgia Meloni on Thursday said she doesn’t believe President-elect Trump has a plan to purchase Greenland or acquire it through military force. “I think we can exclude that ...The Hill - Jan. 9 -
Google donates $1 million to Trump's inauguration fund, joining other tech giants
Google becomes the latest tech company to donate to Trump's inauguration fundCNBC - Jan. 9 -
Cohere co-founder sees big AI opportunity in enterprise, happy to stay out of ChatGPT's way
Cohere on Thursday debuted its early access program for its AI agent platform called North, as it deepens its focus on the enterprise.CNBC - Jan. 9 -
Trump Inauguration, Awash in Cash, Runs Out of Perks for Big Donors
The president-elect has raised more than $170 million for his swearing-in, an inaugural record, as wealthy Americans flock to curry favor with him and some give money even without the prospect of ...The New York Times - Jan. 8 -
Nvidia’s stock suffers worst drop in months as CES speech lacked one big thing
Nvidia shares had run up in advance of the event, but CEO Jensen Huang didn’t mention Rubin, the company’s next chip family.MarketWatch - Jan. 7 -
Tech stocks got slammed because economic data sparked a jump in bond yields
Data on job openings and service-sector activity sent markets into “good news is bad news” mode on Tuesday.MarketWatch - Jan. 7 -
Don't be fooled by Nvidia stock's slide after CEO Jensen Huang laid out an AI roadmap
The CEO's product announcements are not as important as the long-term vision he presented.CNBC - Jan. 7 -
A Nvidia AI Supercomputer Could Be Yours for Just $3,000
The machine, set to come out in May, is called Project Digits. It packs a petaflop of computing power.Inc. - Jan. 7 -
Services index shows big jump in prices for December as companies fear tariffs
The ISM services survey's prices index jumped to 64.4%, an increase of 6.2 points or more than 10%.CNBC - Jan. 7 -
Nvidia Bets Big on Robots and More
The chipmaker, which has led a rally in artificial intelligence stocks, laid out a vision for dominating so-called physical A.I. Investors appeared impressed.The New York Times - Jan. 7 -
Nvidia unveils AI foundation models running on RTX AI PCs
Nvidia today announced foundation models running locally on Nvidia RTX AI PCs that supercharge digital humans, content creation, productivity and development.VentureBeat - Jan. 7 -
Nvidia’s Nemotron Model Families will advance AI agents
Nvidia announced Nemotron Model Families to advance agentic AI as part of its bevy of AI announcements at CES 2025 today.VentureBeat - Jan. 7 -
Nvidia’s stock rallies as AI chip trade reloads for fresh run higher
Nvidia Corp.’s stock continued its rally Monday, embodying the red-hot momentum in the artificial-intelligence chip trade so far this year.MarketWatch - Jan. 7 -
Cryptocurrencies and personal AI: Tech to watch out for in 2025
Will 2025 be a hinge year for cryptocurrency and will personalised AI appear on your phone?BBC News - Jan. 7 -
LG rolls out new AI services to help consumers with daily tasks
LG kicked off the AI bandwagon today with a new set of AI services to help consumers in their daily tasks at home, in the car and in the office.VentureBeat - Jan. 6 -
Big Tech Is So Dominant the Stock Market Would Have Been Flat for 2 Years Without It
Big Tech stocks have fueled most of the S&P 500’s gains over the past several years.Inc. - Jan. 6 -
From Trump tariffs to AI: the big economic questions facing governments in 2025
The main issues confronting policymakers around the world seem particularly portentous this new year. January is always a time for new beginnings and fresh thinking. But with Donald Trump heading ...The Guardian - Jan. 5 -
Tesla’s stock got a big Trump bump. Now Elon Musk needs to get back to work.
Some of the question marks for the coming year: How will Chief Executive Elon Musk’s foray into politics will play out? And how fast and seamless will Tesla’s new projects, including a cheaper EV ...MarketWatch - Jan. 4 -
Nvidia invested $1bn in AI deals in 2024
Group emerges as crucial backer of start-ups seeking to gain from the tech revolution its chips are poweringFinancial Times - Jan. 1