Explore

Broadcom forecasts upbeat quarterly revenue on AI chip demand

Broadcom forecasts upbeat quarterly revenue on AI chip demand

By Juby Babu Dec 11 (Reuters) - Broadcom on Thursday projected first-quarter revenue above Wall Street estimates, betting that sustained, robust demand for its specialized artificial intelligence chips would power another year of growth and help quell investor worries of a spending slowdown.

A sharp drop for Oracle keeps Wall Street in check as most US stocks rise

A sharp drop for Oracle keeps Wall Street in check as most US stocks rise

Most U.S. stocks are rising, but a drop for Oracle is holding Wall Street back as investors question whether its big spending on artificial-intelligence technology will pay off

A sell-off for Oracle weighs on Wall Street even as Dow jumps 400 points

A sell-off for Oracle weighs on Wall Street even as Dow jumps 400 points

A sell-off for Oracle is weighing on Wall Street as investors question whether its big spending on artificial-intelligence technology will pay off

A sell-off for Oracle weighs on Wall Street even as the Dow jumps 465 points

A sell-off for Oracle weighs on Wall Street even as the Dow jumps 465 points

A sell-off for Oracle is weighing on Wall Street as investors question whether its big spending on artificial-intelligence technology will pay off

A sell-off for Oracle weighs on Wall Street even as the Dow jumps 600 points

A sell-off for Oracle weighs on Wall Street even as the Dow jumps 600 points

A sell-off for Oracle is weighing on Wall Street as investors question whether its big spending on artificial-intelligence technology will pay off

Oracle denies report on OpenAI data center delays

Oracle denies report on OpenAI data center delays

Dec 12 (Reuters) - Oracle denied on Friday a media report that it was delaying OpenAI-related data centers, following investor worries over its debt-fueled AI infrastructure buildout.

Tumbling tech stocks drag Wall Street to its worst day in 3 weeks

Tumbling tech stocks drag Wall Street to its worst day in 3 weeks

More drops for superstars caught up in Wall Street’s artificial-intelligence frenzy knocked the U.S. stock market off its record highs

Tumbling tech drags Wall Street off its records and toward its worst day in 3 weeks

Tumbling tech drags Wall Street off its records and toward its worst day in 3 weeks

More drops for superstars caught up in Wall Street’s artificial-intelligence frenzy are knocking the U.S. stock market off its record highs

Tumbling tech stocks drag Wall Street from its all-time highs

Tumbling tech stocks drag Wall Street from its all-time highs

More drops for superstars that had earlier soared in Wall Street’s frenzy around artificial-intelligence technology are dragging the U.S. stock market lower

Wall Street is close to setting record highs, even as Oracle tumbles on AI worries

Wall Street is close to setting record highs, even as Oracle tumbles on AI worries

Wall Street is rising toward records, even as a sell-off for Oracle and worries about a potential bubble in artificial-intelligence technology weigh on the market

Wall Street futures slide as Oracle's forecast revives AI bubble fears

Wall Street futures slide as Oracle's forecast revives AI bubble fears

Dec 11 (Reuters) - U.S. stock index futures tumbled on Thursday after Oracle's forecasts raised fresh concerns about hefty AI spending and outweighed optimism following a less hawkish tone from the Federal Reserve.

Oracle shares tumble as gloomy forecasts, higher capex reignite AI bubble concerns

Oracle shares tumble as gloomy forecasts, higher capex reignite AI bubble concerns

By Kanchana Chakravarty Dec 11 (Reuters) - Oracle shares slumped nearly 11% in premarket trading on Thursday after downbeat forecasts and higher capex fanned worries that its massive AI investments are taking longer than expected to pay off.