Uh for more on the path ahead, let's bring in RBC Capital Markets global head of commodity strategy and CBC contributor Haleim Croft. Helma, great to have you with us. Thank you for having me.You know, Melissa, the same scenario as we had last month. We had a rally one week before the OPEC meeting. If we had talked this time last week, we would have been talking about Brent prices approaching 70.Now we have another sell-off going into an OPEC meeting over the weekend. And I think market participants are ver ...

(Reuters) -Stargate, a $500 billion AI infrastructure initiative that is central to Washington's push for dominance in the field, has drawn a slew of investors and suppliers since its launch in January. The project will be developed by ChatGPT parent OpenAI, SoftBank and Oracle and is intended to generate 10 gigawatts in total data center capacity. Here's a list of major partners on the Stargate project: ORACLE Oracle will open three new data center sites with OpenAI in Shackelford County, Texas; Dona ...

NVIDIA Corporation (NASDAQ:NVDA) is one of the 12 Stocks with Consistent Growth to Invest In. The company gains a positive outlook with its second-quarter 2025 earnings and a new strategic partnership with OpenAI. NVIDIA Strengthens AI Leadership Through OpenAI Partnership and Record Growth On August 27, 2025, NVIDIA Corporation (NASDAQ:NVDA) reported its Q2 2026 earnings results, which highlighted a 56% year-over-year increase in revenue to $46.74 billion. A notable contributor to the growth is Blackwe ...

Nvida CEO Jensen Huang has said he expects spending to grow across industries as demand for AI and its applications expands. I-Hwa Cheng / AFP / Getty Images Close Key Takeaways U.S. companies expect to spend hundreds of billions of dollars on AI over the next few years, but some investors are worried those plans—and the stock market rally they've fueled—depend too much on just a handful of companies. Chip giant Nvidia (NVDA) revealed in a regulatory filing last month that two direct customers accounted for ...

Welcome to the rap. I'm Marley Kaden here to take you through this week's market action. All four major indices slipped after hitting all-time highs earlier in the week.The S&P 500 was down.3%, the Nasdaq 100 down 4%. The Dow declined by2% and small caps were down 6%. Looking at the sectors, energy was the best performer, up almost 5% with utilities up nearly 3%.Communications closed as the biggest lagard, selling off nearly 3% while materials also fell 2%. The biggest S&P 500 winner of the week was Intel w ...

Nvidia Corporation‘s (NASDAQ: NVDA) recent investment in OpenAI has sparked investor concerns that the startup might buy Nvidia chips, creating a “circular” investment loop and raising questions about the move's rationale and potential impact on Nvidia's stock.Nvidia's OpenAI Deal Sparks Circular Sales ConcernsStacy Rasgon, an analyst at Bernstein, acknowledged that the OpenAI deal “will clearly fuel ‘circular’ concerns.” These concerns revolve around Nvidia investing in startups that subsequently purchase ...

Artificial intelligence (AI) hyperscaler CoreWeave has expanded its multi-billion dollar agreement with OpenAI.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.Earlier this year, CoreWeave inked a partnership with O ...

Key Points OpenAI, the maker of ChatGPT, enters into a major (but non-binding) partnership with Nvidia. This deal should be a win-win for both companies. 10 stocks we like better than Nvidia › Nvidia (NASDAQ: NVDA) is no stranger to investing in its customers. The company has put billions to work to expand the artificial intelligence (AI) ecosystem, aiming for more growth and investment from its core growth market. The company's latest deal with OpenAI -- the maker of ChatGPT -- is a prime example o ...

For more uh reaction, let's bring in DA Davidson, managing director and director of research, Gil Lauria. Gil, great to have you with us. >> Thanks for having me.>> It it seems like every partnership um gets applauded by the markets. I mean, Nvidia basically hands over a check or or chips to Open AI and and that gets rewarded. Oracle gets rewarded.At what point should we actually scrutinize what this means for each company. >> Well, right now, and you've had a great conversation so far. Let me put it togeth ...

Nvidia is the "king" of the artificial intelligence boom. But if AI is just a bubble, it is in Nvidia's best interest to keep it going strong for as long as possible. Another company at the center of this bubble is OpenAI. OpenAI CEO Sam Altman admitted in his August interview with The Verge that he thinks we are in an AI bubble: The internet was a really big deal. People got overexcited. Are we in a phase where investors as a whole are overexcited about AI? My opinion is yes. Altman isn't the only big ...