194 new news items in the last 24 hours

12 September 14:46

Oracle's shares fell by 4% after a rise of 35.9%, and the company's market value reached 894 billion dollars.

Andreea Lificiu

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International

Credit editorial: Piotr Swat / Shutterstock.com

Oracle's shares have recorded a decline of approximately 4% after a previous increase of 35.9%, which brought the market value to 933 billion dollars. This volatility has been fueled by high demand for cloud solutions and artificial intelligence. Larry Ellison, the co-founder of Oracle, is close to the title of the richest man in the world, with an estimated fortune of 371.7 billion dollars. Analysts believe that the decline is temporary, and Oracle recently signed a significant contract with OpenAI.

Sources

Acțiunile Oracle scad, după ascensiunea record alimentată de AI spre clubul companiilor de 1.000 de miliarde de dolari

Acţiunile Oracle au scăzut cu circa 4%, joi, 11 septembrie: Cei care urmăresc să cumpere pe scădere vor reveni rapid

Acţiunile Oracle s-au retras joi, după ascensiunea record alimentată de AI spre clubul companiilor de 1.000 de miliarde de dolari

ȘTIRI PE ACELEAȘI SUBIECTE

Economy

Nvidia's shares rose by 3% in premarket trading, advancing towards a market capitalization of 5 trillion dollars, following record orders for AI chips and plans for supercomputers for the USA.

IT&C knowledge

Microsoft shares fell by nearly 4% after the announcement regarding the increase in capital expenditures, despite solid revenues from the Office and LinkedIn divisions.

IT&C knowledge

Microsoft has signed a contract worth 9.7 billion dollars with IREN company to have access, for five years, to Nvidia GB300 processors, aiming to boost artificial intelligence infrastructure.

IT&C knowledge

Amazon Web Services will provide OpenAI with hundreds of thousands of Nvidia processing units, as part of a seven-year agreement, thus strengthening the company's AI infrastructure.

International

BlackRock, Nvidia and Microsoft have announced a major acquisition deal for Aligned Data Centers, valued at approximately 40 billion dollars, as part of the Artificial Intelligence Infrastructure Partnership (AIP) consortium.

IT&C knowledge

OpenAI has completed its restructuring, and Microsoft has reached a market capitalization of 4 trillion dollars. A new non-profit foundation will hold stakes in OpenAI.

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