by Chris DeMunbrun | Sep 10, 2025 | AI News
(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator. See today’s video update from Mike above.) A firm, but restrained, market response to a soft PPI inflation print and another monster wave of...
by Chris DeMunbrun | Sep 10, 2025 | AI News
Laura Bratton Updated 4 min read Oracle’s (ORCL) massive backlog for its cloud business stunned Wall Street and cemented the company’s role as a key player in the AI market, lifting hopes that the broader AI-fueled tech rally has more room to run. Oracle...
by Chris DeMunbrun | Sep 10, 2025 | AI News
[[{“value”:” (Image credit: Getty Images) Stocks closed mixed Wednesday, though two of the three main indexes notched new record closing highs. In focus was an encouraging reading on wholesale prices, as well as a broader rally in artificial...
by Chris DeMunbrun | Sep 10, 2025 | AI News
Amalya Dubrovsky and Karen Friar Updated 2 min read US stocks mostly edged higher on Wednesday as Oracle’s (ORCL) blowout revenue forecast lifted AI hopes, as its shares had their best day in over three decades. Meanwhile, wholesale inflation unexpectedly...
by Chris DeMunbrun | Sep 10, 2025 | AI News
Oracle cofounder Larry Ellison suddenly dethroned Tesla CEO Elon Musk Wednesday as the world’s richest person after stock in Ellison’s database software company surged by more than 40% amid rosy projections for its AI-fueled future. According to the Bloomberg...
by Chris DeMunbrun | Sep 10, 2025 | AI News
[[“value”:” Skip to main content Warner Bros Discovery CEO David Zaslav Says He Expects “Companies Will Be Split” In April Services to share this page. Larry Ellison and Elon Musk Getty Images Oracle chairman and co-founder Larry Ellison,...
