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Piper Sandler Predicts Significant Growth Phase for AMD Driven by AI and Server Demand

Piper Sandler Predicts Significant Growth Phase for AMD Driven by AI and Server Demand

Piper Sandler Predicts Significant Growth Phase for AMD Driven by AI and Server Demand
ReutersReuters
Oracle climbs as AI-fueled backlog growth deflects spending worries

Oracle climbs as AI-fueled backlog growth deflects spending worries

By Deborah Mary Sophia Sept 11 (Reuters) - Oracle shares rose 6% before the bell on Friday after it reported a $26 billion jump in first-quarter revenue backlog, proving its massive debt-driven spending spree on data centers was powering strong growth in its cloud business.
ReutersReuters
Oracle to spend $700 million more on restructuring costs as it ramps up AI spending

Oracle to spend $700 million more on restructuring costs as it ramps up AI spending

By Deborah Mary Sophia Sept 11 (Reuters) - Oracle said restructuring costs, part of a plan that includes job cuts, will rise about $700 million as the cloud company seeks to rein in costs while spending billions to capitalize on booming demand for artificial intelligence services.
ReutersReuters
Oracle shares rise as AI cloud backlog beats estimates

Oracle shares rise as AI cloud backlog beats estimates

Sept 11 (Reuters) - Oracle shares rose 5.5% premarket on Friday after the cloud computing and software company's stronger-than-expected quarterly results eased concerns around its massive debt-driven spending spree.
ReutersReuters
Oracle's quarterly revenue beats estimates as AI boom drives cloud demand

Oracle's quarterly revenue beats estimates as AI boom drives cloud demand

Sept 10 (Reuters) - Oracle topped Wall Street expectations for first-quarter revenue on Thursday and lifted its annual profit forecast, boosted by strong demand for its cloud computing services from surging enterprise spending on AI.
ReutersReuters
Wall St futures recover as oil slides ahead of inflation test

Wall St futures recover as oil slides ahead of inflation test

Sept 11 (Reuters) - U.S. stock index futures bounced back as oil prices cooled on Friday and investors pinned their hopes on the consumer inflation report to end a rough week on a positive note.
TheStreetTheStreet
Nvidia takes new role as AI’s $5 trillion bill comes due

Nvidia takes new role as AI’s $5 trillion bill comes due

Nvidia’s $500 billion AI push changes the game again.
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Oracle Stock Surges Following Strong Q1 Cloud Revenue Growth and Earnings Beat

Oracle Stock Surges Following Strong Q1 Cloud Revenue Growth and Earnings Beat

Oracle Stock Surges Following Strong Q1 Cloud Revenue Growth and Earnings Beat
TheStreetTheStreet
Morgan Stanley revamps Oracle stock price target

Morgan Stanley revamps Oracle stock price target

Here's what could happen to ORCL shares next.
TheStreetTheStreet
Cognition AI's latest round sparked an investor frenzy

Cognition AI's latest round sparked an investor frenzy

An explosive rise has drawn massive attention to the AI company’s latest valuation.
TheStreetTheStreet
Veteran analyst resets Palantir price target for rest of 2026

Veteran analyst resets Palantir price target for rest of 2026

Palantir’s latest AI move gives Wall Street more to consider
ReutersReuters
Oracle tops estimates as AI demand tempers cash-burn fears

Oracle tops estimates as AI demand tempers cash-burn fears

Sept 10 (Reuters) - Oracle topped Wall Street estimates for quarterly results on Thursday and reported a smaller cash burn than expected, offering investors confidence that its hefty AI investments were generating solid returns without squeezing its balance sheet.