Oracle shares jump as AI-driven cloud results beat expectations
Oracle reported fiscal third-quarter revenue of approximately $14.1 billion, ahead of analyst estimates. The company’s cloud infrastructure segment delivered particularly strong growth, supported by surging demand for AI computing capacity. This growth, combined with a robust revenue forecast, positioned Oracle...
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Broadcom Projects AI Chip Revenue Above $100 Billion by 2027
Broadcom Highlights AI Growth Outlook and Earnings Momentum Broadcom (AVGO) reported strong quarterly results, with performance primarily supported by AI infrastructure investment. Following the earnings release and conference call on March 4, 2026, the company’s shares rose 1.18% to $317.53....
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Trump Officially Nominates Kevin Warsh as Next Federal Reserve Chair
Trump’s Nomination of Kevin Warsh President Donald Trump on Wednesday officially nominated Kevin Warsh to be the next chairman of the Federal Reserve. The White House stated that Trump’s nomination of Warsh was transmitted to the Senate on Wednesday, more...
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Asian Stocks Gain as Japan Hits Record and Nvidia Earnings Lift Chipmakers
Japan and Broader Asia Move on Central Bank and Wall Street Signals Japanese shares reached a record high on Thursday as markets reduced expectations of additional interest rate increases by the Bank of Japan. The move came amid a generally...
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OpenAI Raises $8.3 Billion at $300 Billion Valuation, Accelerating Race to $40 Billion in 2025
OpenAI has raised $8.3 billion in a funding round that values the AI giant at approximately $300 billion, pushing its ambitious goal of securing $40 billion in funding by the end of 2025 closer to the reality of reaching the...
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