Super Micro Stock Plunges as Oracle Scraps $1.1B–$1.4B Rack Contract
SMCI fell after Oracle canceled big Nvidia server orders, causing ~$1B+ loss. Legal issues and unsold chips add pressure.
SMCI fell after Oracle canceled big Nvidia server orders, causing ~$1B+ loss. Legal issues and unsold chips add pressure.
JPMorgan cut Avis rating; stock fell 38% after a short squeeze. Valuation seen too high, possible share sale may cool rally.
IKS Health is buying TruBridge to improve rural US healthcare using AI. Deal helps 2000 hospitals, closes 2026.
Applied Digital stock jumps on a $7.5B AI data center deal, boosting total contracts to $23B and securing long-term growth.
Oklo teams with NVIDIA to use AI in nuclear research, aiming to deliver clean, reliable power by 2027 despite some concerns.
Comcast Q1 2026 beat expectations: revenue up, fewer broadband losses, record wireless adds, Peacock growth; stock jumped.