Market Rises Amidst Major Corporate Deals, Sovereign Rating Shifts, and Economic Data

Key TakeawaysOracle (ORCL) is reportedly in advanced discussions with Meta Platforms (META) for a substantial $20 billion AI cloud computing deal, highlighting the escalating demand for artificial intelligence infrastructure.Morningstar DBRS downgraded France's sovereign credit rating to AA from AA (high), shifting its trend to stable from negative, citing concerns over fiscal consolidation and political fragmentation. In contrast, Norway's AAA rating was confirmed with a stable trend.US bank deposits saw a ...