Oracle Shares Surge After Revealing Strong AI Infrastructure Profit Margins
Oracle shares spike 4% after revealing 30-40% margins on AI infrastructure deals with OpenAI, Meta, and xAI. Company expects cloud revenue to hit $166B by 2030.
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Dell Doubles Down on AI: Massive Growth Forecasts Ahead
Dell doubled its growth forecast through 2030 due to massive AI server demand. They plan to improve their struggling PC business.
CoreWeave Buys Monolith AI: Making Engineering Breakthroughs Faster
CoreWeave acquired Monolith AI to help manufacturers use AI easily. Engineers can now speed up product R&D and solve tough problems without coding.
The $33 Billion Bet: How Microsoft's Neocloud Strategy is Dominating the AI Capacity Race
Microsoft is addressing the severe AI data center shortage and fueling its internal and customer AI demand by investing over $33 billion in "neocloud" providers, shifting infrastructure strategy, and gaining crucial financial flexibility.
CoreWeave Scores $14.2 Billion Contract with Meta
CoreWeave signed a huge $14.2B deal to supply Meta with Nvidia AI power, highlighting the high cost of the AI race.
Evercore ISI Initiates Street-High Price Target for CoreWeave
CoreWeave received an Outperform rating and a $175 price target from Evercore ISI.