Oracle Stock Surges on Trump's Stargate Project
Oracle stock is higher Wednesday after President Trump announced the $500 billion AI-focused Stargate Project. Here's what you need to know.
AI Stocks Back In Favor Thanks To Trump Oracle Deal
Yesterday the world of AI and stocks in the sector changed as President Donald trump announced the formation of Stargate , a new $500 billion joint venture deal to build artificial intelligence infrastructure in the US, with Oracle (NYSE:ORCL ), ChatGPT creator OpenAI, and Japanese conglomerate SoftBank all at the table ..
Oracle Soars as Trump Unveils $500 Billion Stargate AI Initiative
Oracle Corporation (NYSE:ORCL) stock increased by 5.7% on market opening today following the announcement of President Donald Trump's ambitious Stargate AI initiative which promises $500 billion for AI infrastructure development while building AI dominance in the U.
Oracle's AI Moonshot: Why Project Stargate Could Propel ORCL Stock Higher
Oracle's stock surges 8.51% after Trump announces $500B AI initiative, solidifying its role as a key AI provider. CEO Ellison's stake also rises.
Oracle surges, chip stocks rise as Trump unveils $500 bln AI plan
Oracle's shares jumped nearly 9% before the bell on Wednesday after U.S. President Donald Trump said the company would make a large investment in artificial intelligence infrastructure, alongside OpenAI and SoftBank .
Trump announces $500B Stargate AI project: 'Country will be prospering like never before'
Trump said the private sector joint venture will build data centers and create more than 100,000 jobs in the United States.
Trump touts new AI project called Stargate, AP Explains
Hours after returning to the White House, President Donald Trump made a symbolic mark on the future of artificial intelligence by repealing former President Joe Biden’s guardrails for the fast-developing technology.
Firms in Trump's Stargate venture have touted DEI programs, clashing with new order
President Trump has announced a major AI initiative called "Stargate" -- but the firms involved have DEI policies that go against his goal of eliminating such programs.
Musk Pours Cold Water on Trump-Backed Stargate AI Project
Hours later, Elon Musk publicly questioned whether the joint venture would ever get off the ground.Musk wrote on X, his social-media platform, that two of the companies behind the project didn’t have enough capital to follow through on their pledges.
What Is Stargate? Trump's $500 Billion AI Project Explained
A new company called Stargate, which combines some of the largest names in the artificial intelligence industry, was announced by President Donald Trump.
President Trump gives support for new AI venture Stargate. Here's what to know about the project.
President Donald Trump is supporting the newly formed Stargate to advance AI as construction on the company's first data center gets underway in Abilene. Trump announced the new entity formed by OpenAI,
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Trump’s Stargate Supercharges Quantum Computing Stocks: 2 ‘Strong Buy’-Rated Names to Snap Up
Quantum computing stocks popped Tuesday, Jan. 21 in response to President Donald Trump’s newly announced Stargate program.
Trump Announces $500B AI Joint Venture With Oracle, OpenAI, and SoftBank
President Trump on Tuesday announced a $500 joint venture with Oracle, OpenAI, and SoftBank to build AI infrastructure in the ...
Trump's First Day: Executive Order Stock Ideas
Trump's first day saw a barrage of executive orders, 26 in total, that are a record for a President's first day. Click here ...
OpenAI, SoftBank among names in Trump's 'Stargate' plans
President Donald Trump has announced a new 'Stargate' initiative focused on expanding artificial intelligence data center ...
President Trump open to Musk, Ellison purchasing TikTok, Bloomberg says
President Donald Trump said he is open to Elon Musk or Oracle (ORCL) Chairman Larry Ellison purchasing TikTok as part of a joint venture with ...
Trump says he is open to Musk buying TikTok if Tesla CEO wants to do so
U.S. President Donald Trump said on Tuesday he was open to billionaire Elon Musk buying social media app TikTok if the Tesla ...
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S&P 500 Hits Record High Amid Netflix Gains and Trump’s AI Investment Plans
U.S. stock index futures held steady Wednesday evening after the SP 500 hit a record high, driven by Netflixs strong earnings ...
Elon Musk has his doubts about Stargate. Here's why he may be right.
Elon Musk is skeptical about Stargate, the AI joint venture that includes OpenAI, and in a rare occurrence, he may be right.