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Oracle Shares Set for Record High on AI-Fueled Cloud Growth

Business

Jessica Roberts

2024-06-12 04:54 PM

(Bloomberg) — Oracle Corp. reported better-than-expected bookings and announced partnership deals with tech rivals, giving a boost to Chairman Larry Ellison’s effort ...

Walmart hometown Bentonville Arkansas gets more expensive

Business

Jessica Roberts

2024-06-06 05:28 PM

“In the last 10, 15 years, it’s just exploded,” he said. “Every time I go to town now, there’s new construction.” Sue ...

Nvidia announces new AI chips as market competition heats up

Business

Jessica Roberts

2024-06-03 12:27 AM

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, ...

Costco (COST) shares dip despite earnings beat. We see no cause for concern

Business

Jessica Roberts

2024-05-31 07:03 AM

Costco Wholesale ‘s third-quarter earnings topped Wall Street expectations on Thursday, driven by higher sales and lower-than-expected operating expenses. Even with a ...

Nvidia sets 10-for-1 stock split after AI-driven boom in share price

Amazon plans to give Alexa an AI overhaul, monthly subscription price

Business

Jessica Roberts

2024-05-22 07:15 PM

Amazon is upgrading its decade-old Alexa voice assistant with generative artificial intelligence and plans to charge a monthly subscription fee to offset ...