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Donald Trump, Oracle Corporation

Oracle Soars as Trump Unveils $500 Billion Stargate AI Initiative

Oracle Corporation (NYSE:ORCL) stock increased by 5.7% on market opening today following the announcement of President Donald Trump's ambitious Stargate AI initiative which promises $500 billion for AI infrastructure development while building AI dominance in the U.

Hosted on MSN · 24m

Trump Unveils Stargate AI Infrastructure Project: ETFs in Focus

On Tuesday, former President Donald Trump announced a $500 billion artificial infrastructure (AI) infrastructure initiative, spearheading a new company called Stargate. Initial funding for the project will come from SoftBank (SFTBY),

Reuters on MSN · 19h

Oracle surges, chip stocks rise as Trump unveils $500 bln AI plan

Oracle's shares jumped nearly 9% before the bell on Wednesday after U.S. President Donald Trump said the company would make a large investment in artificial intelligence infrastructure, alongside OpenAI and SoftBank .

Musk, Donald Trump

Hosted on MSN · 16h

As Trump crows about billion-dollar A.I. deal, Musk undercuts announcement

President Donald Trump hosted an event Tuesday with wealthy tech CEOs to tout a $500-billion investment in artificial intelligence infrastructure. Elon Musk chimed in to dispute the financing.

Business Insider · 3h

Musk undermines Trump’s Stargate AI investment announcement, CNBC reports

Tesla (TSLA) and SpaceX CEO Elon Musk said OpenAI, Oracle (ORCL) and Softbank (SFTBY) “don’t actually have the money” to back up their pledge

The New York Times · 20h

Musk Casts Doubt on Trump’s $100 Billion A.I. Announcement

Mr. Trump had claimed the A.I. announcement as an early trophy, taking credit for the companies’ decision to spend up to $500 billion building data centers.

Oracle takes run at cloud’s big three with Trump-backed AI pact

Oracle Corp. has charged out of the gate in 2025, after its best year in a quarter-century. A plan unveiled with President ...

3hon MSN

OpenAI's Sam Altman Flip Flops On Trump After $500 Billion Stargate AI Project, Says 'I Wish I Had Done More Of My Own Thinking'

Sam Altman, CEO of OpenAI, has publicly expressed his support for President Donald Trump. This revelation comes years after ...

1don MSN

Trump Announces $500B AI Joint Venture With Oracle, OpenAI, and SoftBank

President Trump on Tuesday announced a $500 joint venture with Oracle, OpenAI, and SoftBank to build AI infrastructure in the ...

Trump, corporate heavyweights unveil AI project that'll get start in Texas

The effort was described as a $500 billion investment in artificial intelligence. Read how a small Texas city with a ...

Oracle's AI Moonshot: Why Project Stargate Could Propel ORCL Stock Higher

Oracle's stock surges 8.51% after Trump announces $500B AI initiative, solidifying its role as a key AI provider. CEO Ellison ...

Trump says he is open to Musk buying TikTok if Tesla CEO wants to do so

U.S. President Donald Trump said on Tuesday he was open to billionaire Elon Musk buying social media app TikTok if the Tesla ...

Hosted on MSN25m

Stock Market News for Jan 23, 2025

Market News U.S. stocks ended higher on Wednesday after President Trump announced a $500 billion investment in AI infrastructure. Market participants also reacted positively to strong fourth-quarter ...

1don MSN

Trump Open To Elon Musk Or Larry Ellison Buying TikTok: Calls US Permit Key To $1 Trillion Valuation

President Donald Trump expressed openness to Tesla CEO Elon Musk or Oracle Chairman Larry Ellison acquiring TikTok.

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