7:10 PM · 21 January 2025

BREAKING: Oracle surges 5% as CBS reports about a planned record AI investment from the US budget 📈

Oracle
Stocks
ORCL.US, Oracle Corp
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American CBS, citing sources familiar with the matter, reported that the new Trump cabinet plans a record AI infrastructure investment, with Oracle forming 'Stargate' project, together with SoftBank and OpenAI. According to CBS, the new US president will announce it publicly. The Oracle shares surges almost 6% after the reports. As for now, details remain undisclosed.

 

Source: xStation5

The overall sentiments on Wall Street are very strong today, especially in the software and semiconductors sector. The biggest 'looser' today is Apple (AAPL.US).

 

Source: xStation5

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