Welcome to the rap. I'm Marley Kaden here to take you through this week's market action. All major indices closed out the week with a win.The NASDAQ rallied almost 2% while the S&P added 1 and a half. The Dow closed the week 1% higher. The Russell tacked on a quarter%.All sectors saw gains with the exception of consumer staples. Tech was the biggest winner, rallying 3% throughout the week. Utilities saw significant gains as well, closing almost 2 and a.5% higher.The biggest move of the week was seen after O ...

This week, OpenAI and Oracle shocked the markets with a surprise $300 billion, five-year agreement, part of a surge of new business that sent the cloud provider’s stock skyrocketing. But maybe the markets shouldn’t have been taken by surprise. The deal is a reminder that, despite Oracle’s legacy status, the company still plays a major role in AI infrastructure.On the OpenAI side, the agreement was more revealing than the lack of details suggest. For one, the startup’s willingness to pay so much for compute ...

Key Takeaways Oracle signed four multi-billion-dollar AI deals, including one with OpenAI for data center capacity. Oracle's IaaS and cloud revenues surged, with OCI sales projected to hit $144B by fiscal 2030.NVIDIA posted 56% data center revenue growth to $41.1B, with net income rising 59% to $26.42B in Q2.Oracle Corporation (ORCL) has lately emerged as the most sought-after stock following its multi-billion-dollar contracts with prominent artificial intelligence (AI) companies. Led by Larry Ellison, Orac ...

Investor Sentiment Remains BearishThe S&P 500 Index is up 12.5% year-to-date, 17% over the past six months, and is at an all-time high. In fact, small caps, large caps, and tech stocks are all hovering near all-time highs. However, the one item not near new highs is investor sentiment. Despite the stellar market performance and uptrend in price, the number of bearish market participants outweighs the number of bullish participants. According to the American Association of Individual Investors (AAII) Sentime ...

Nvidia investors are getting excited about another AI giant.Nvidia (NVDA 0.37%) stock just hit new all-time highs. But there's a catch: Nvidia's latest rise has nothing to do with the company itself, at least not directly. Instead, there's another AI stock that is causing the entire industry to rise in valuation.News from Oracle is fueling Nvidia's stock priceAmazingly, no company with a market cap north of $500 billion has ever seen its stock price rise by more than 30% in a single trading day. But that's ...

Tarzhanova/iStock via Getty Images Listen below or on the go via Apple Podcasts and Spotify Oracle jumps to a new high on earnings, up 85% YTD (0:30). Adobe down - is monetization keeping pace? (1:35) Broadcom, Nebius surge on customer acquisitions (3:00). LULU drops post-earnings; retail and tariffs (3:55). Jobs data weaker than thought (8:50). IPO market waking up (11:00). Momentous Fed meeting (14:55). Transcript Rena Sherbill: Welcome to another week of Wall Street Roundup, by popular request now ...

Oracle, as we mentioned, of course, that's the standout, seeing the sharpest rally in more than 30 years following earnings. And that's why our next guest is actually trimming it. Joining us now, Charlie Berinskcoy, vice chairman and head of investment group at Ariel Investments.Charlie, great to have you with us. Thanks for having me. Is this just portfolio management or do you have some question marks about the guidance that they gave.We're value investors at Ariel and we try and buy things when they're o ...

The S&P 500 Index ($SPX) (SPY) today is up +0.09%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.31%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.37%.  September E-mini S&P futures (ESU25) are up +0.06%, and September E-mini Nasdaq futures (NQU25) are up +0.36%. Stock indexes are mostly higher today, with the S&P 500 and Nasdaq 100 posting new all-time highs.  Today’s news on weaker-than-expected report on US consumer sentiment for September added to this week’s Fed-friendly news that has bol ...

Bill GrossMary Hurlbut/Stu News Laguna Tech giants spending big on AI will have wasted money if they end up as also-rans, Bill Gross said. The billionaire "Bond King" told BI these companies were at risk of frittering away enormous sums. Microsoft, Amazon, and other tech stocks have surged on AI hopes but could disappoint, he said. US tech titans are spending huge sums to win the AI race — and the ones that lose could see their stock prices take a hit, "Bond King" Bill Gross has warned. The billi ...

Oracle's cloud computing strength could be seen in its latest quarterly results. Its cloud infrastructure revenue surged 55% year over year to $3.3 billion. Meanwhile, within the segment, it said its multicloud database revenue from the big three cloud providers soared by 1,529% in the quarter. Meanwhile, it plans to build 37 new data centers for them in the coming years. What got investors really excited was the company's forecast that its cloud infrastructure revenue would hit $144 billion by fiscal 2030, ...