Oracle's Q4 earnings slightly missed expectations, but growth in AI cloud infrastructure drove stock surge.
From NASDAQ: 2024-06-12 13:02:00 Oracle Corporation (NYSE: ORCL) released its Q4 2024 earnings report, showing a minor earnings miss but
Author: MarketNewsData
Your go-to source for real-time financial news and market analysis. Powered by AI. Covering earnings, economic events, and corporate news.
Increased trading volume of out-of-the-money put options on Apple stock raises speculation
From Barchart: 2024-06-12 13:00:02 Apple stock option tranches experience high trading volume, with OTM puts set to close on Friday.
AI stocks like Nvidia, Arm Holdings, and Micron Technology are rallying due to positive news
From Nasdaq: 2024-06-12 12:53:09 The market rally has been driven by the growth of AI, with inflation acting as a
Southwest CEO is open to changes, including premium seating, as activist Elliott pushes for leadership
From CNBC: 2024-06-12 12:53:03 Southwest Airlines CEO Bob Jordan is prepared to adapt to changing customer trends, including premium seating,
Stellantis focuses on cost cuts and China growth, aiming to double revenue by 2030.
From CNBC: 2024-06-12 12:29:01 Stellantis CEO Carlos Tavares has been focused on cost-cutting initiatives since overseeing the 2021 merger that
Apple and OpenAI partner to integrate ChatGPT language model, emphasizing strategic innovation through collaborations.
From PYMNTS: 2024-06-12 12:24:12 OpenAI and Apple are partnering to integrate ChatGPT’s language model into Apple’s platforms. The partnership highlights
Donald Trump endorses Bitcoin mining in the U.S., aiming for energy dominance
From NASDAQ Inc.: 2024-06-12 12:22:16 Former President Donald Trump has endorsed Bitcoin on social media platform Truth Social, advocating for
Amazon Flex drivers seek full employee status over contractor classification, alleging unpaid wages and expenses
From Investing.com: 2024-06-12 12:11:38 Thousands of Amazon Flex drivers file arbitration claims seeking to be treated as full employees, citing
Model N introduced advanced data solutions for pharma industry, acquired by Vista Equity Partners.
From NASDAQ: 2024-06-12 12:11:00 Model N Inc. introduced advanced data solutions, Syndicated Customer Master and Formulary Compliance, to help pharmaceutical
Nvidia stock split results in lower share price, strong revenue growth, but faces future challenges.
From Nasdaq: 2024-06-12 12:07:00 Nvidia recently underwent a stock split, resulting in a lower share price of around $126. Despite
Hedge funds using market-neutral strategy with Bitcoin ETFs, not causing price spikes.
From None.: 2024-06-12 12:00:27 Hedge funds are taking record short positions on Bitcoin via CME futures, but a deeper analysis
Microsoft's business success and growth could potentially make it the first $4 trillion stock
From Nasdaq: 2024-06-12 11:45:00 Microsoft’s business is booming, with Azure cloud revenue up 31% and Office sales in double digits.
Nvidia's stock and company performance have been remarkable, driven by growth in various segments.
From Nasdaq: 2024-06-12 11:36:00 Nvidia’s stock and company performance have been remarkable, with shares up by 725% since January 2023.
SentinelOne launches Singularity Cloud Workload Security for AWS clients, strengthening cloud security portfolio.
From Nasdaq: 2024-06-12 11:20:00 SentinelOne has launched Singularity Cloud Workload Security for Serverless Containers, offering AI-powered protection for containerized workloads
EU imposes new tariffs on Chinese EVs, causing BYD, Tesla, and NIO stocks to drop
From Dow Jones & Company: 2024-06-12 11:15:00 Stocks of Tesla, BYD, and NIO dropped after the EU unveiled new tariffs
Three AI stocks, including Nvidia, Amazon, and Super Micro, have turned $25,000 into $1 million.
From Nasdaq: 2024-06-12 11:11:00 Fifteen years after the Great Recession, tech stocks like Nvidia, Amazon, and Super Micro focused on
Oracle stock surges 13% due to AI demand and new partnerships with Google and OpenAI
From CNBC: 2024-06-12 11:08:17 Oracle reported $98 billion in remaining performance obligations in Q4, driven by demand for cloud services
Amazon (AMZN) benefits from AWS generative AI momentum, driving revenue growth and competitive advantage
From Nasdaq: 2024-06-12 11:01:00 Amazon’s AMZN shares have surged 23.1% this year, surpassing the Internet Commerce industry. AWS’s generative AI
NVIDIA excels in MLPerf Training benchmarks with significant performance improvements.
From NVIDIA: 2024-06-12 11:00:30 NVIDIA’s accelerated computing platform excelled in the latest MLPerf Training benchmarks, with performance on the LLM
Oracle's Q4 earnings missed estimates, but strong sales outlook drives shares up
From Nasdaq: 2024-06-12 11:00:00 Oracle reported weak fourth-quarter fiscal 2024 results, missing earnings and revenue estimates. Shares rose 9% on
Apple introduced generative AI features at developers' conference, emphasizing personal, private, and integrated AI
From Morningstar: 2024-06-12 11:08:00 Apple unveiled generative artificial intelligence features at their worldwide developers’ conference. The company introduced Apple Intelligence,
Summary: Apple (AAPL) and Amazon.com, Inc. (AMZN) are two tech stocks to watch in June 2024.
From Nasdaq.: 2024-06-12 10:48:53 The tech sector is a key player in the stock market, driving innovation and advancements in
European Union imposes hefty tariffs on Chinese EVs, Nio stock falls
From InvestorPlace: 2024-06-12 10:41:21 Nio stock falls as European Union imposes up to 38% tariffs on Chinese EVs. This comes
Oracle partners with Microsoft and Alphabet to boost cloud revenues, introduces new capabilities and gains clients
From Nasdaq: 2024-06-12 10:12:00 Oracle has expanded its partner base with key collaborations with Microsoft and Alphabet. This move is
Tech stocks boost market, Apple surges on AI announcements, investors cautious ahead of inflation data
From Nasdaq: 2024-06-12 10:07:00 Wall Street closed mixed with tech stocks driving gains. Dow Jones down 0.3%, Nasdaq up 0.9%,