‘Yikes’: CoreWeave Stock Tanks 16% as Bond Yields Hit 15%, CEO Calls Market ‘Irrational’
CoreWeave shares plunge after bond yields hit 15%. Musk replies “Yikes,” CEO calls the market irrational as AI debt concerns grow.
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Microsoft and Oracle fall after report puts OpenAI revenue $20bn below expectations
Microsoft and Oracle fell after an FT report said OpenAI’s annualised revenue is about $50bn, $20bn below earlier investor reports.
Tencent turns to Oracle for overseas AI computing as export curbs bite
Tencent will lease about 100,000 AI chips from Oracle data centres in South-east Asia under a five-year deal worth roughly $7bn, with 30% paid upfront.
OpenAI Enterprise Boom Lifts Oracle as Compute Demand Accelerates
Oracle rose after OpenAI’s annualized revenue neared $70 billion. Enterprise AI demand is a key signal for Oracle’s compute backlog.
Oracle Seeks Payment Delay on Controversial Project Jupiter Campus
Oracle sent a force majeure notice on Project Jupiter, seeking delayed payments if the New Mexico AI campus misses 2028.
Oracle Spending Hold Lifts Server and Rack Stocks
Oracle kept its $90–95B AI capex plan as Microsoft targets 38 GW by 2032. HPE and Dell jumped on the infrastructure read-through.