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.
Investor's Business Daily on MSN
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.
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 ...
Broadcom Inc., a chip company vying with Nvidia Corp. for AI computing revenue, suffered the worst stock decline in more than ...
With memory and networking becoming new bottlenecks, the Index added exposure to firms like SK Hynix, Broadcom and Astera ...
The hit to Oracle and Broadcom weighed on other tech shares during the day, as investors worried about AI spending and the ...
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