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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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.
Oracle Borrows Billions for AI Cloud Expansion
Oracle is raising $15 billion through bonds to fund massive cloud infrastructure deals with companies like OpenAI and Meta, boosting its AI capabilities despite rising costs.
Oracle in Talks With Meta on $20 Billion AI Cloud Computing Deal
Oracle is negotiating a massive $20B cloud computing deal with Meta to power its AI models. This reinforces Oracle's new role as a major AI infrastructure provider, competing with Amazon and Google.
Trump Announces Crackdown on Pharmaceutical DTC Advertising
President Trump is cracking down on pharma ads, especially on social media. The order enforces existing rules, closes loopholes on risk disclosure, and scrutinizes influencers to ensure consumers get clear, balanced information.