Major stock indexes fell Friday as technology shares remained under pressure on AI bubble fears. The tech-heavy Nasdaq sank, and the S&P 500 and Dow Jones Industrial Average pulled back from records.
Sterling eased after data showed the UK economy unexpectedly shrank in the three months to October. Sterling weakened 0.28% to $1.3348. The dollar index, which measures the greenback against a basket ...
With memory and networking becoming new bottlenecks, the Index added exposure to firms like SK Hynix, Broadcom and Astera ...
The Dow Jones Industrial Average rose 646.26 points, or 1.34%, to 48,704.01, vaulting above its November 12 closing record.
Bloomberg reported Oracle had delayed by a year the delivery of some data centers it's developing for ChatGPT maker OpenAI. Oracle shares fell Friday, extending recent losses.
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Oracle says OpenAI data centers 'on track' after report of delays. Stock regains some ground
Oracle stock fell after Bloomberg reported that some data centers it is making for OpenAI will be pushed to 2028 from 2027.
Oracle is on the front line of fears about a bubble in spending on artificial intelligence. The cost of insuring against a ...
The hit to Oracle and Broadcom weighed on other tech shares during the day, as investors worried about AI spending and the ...
ORCL stock declined as the company faces execution risks in scaling AI and cloud capacity. Oracle denies delay.
Oracle denied on Friday a media report that it was delaying OpenAI-related data centers, following investor worries over its ...
The S&P 500 index shed 0.4%, while the Nasdaq Composite dropped 0.7% at open. The Dow Jones Industrial Average outperformed, ...
The broader AI universe has also been caught up in the worries, with circular deals and soaring valuations taking a toll on ...
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