Your Pulse On America: Live And Unfiltered
Oracle Corp Chief Executive Larry Ellison during a launch event at the company’s headquarters in Redwood Shores, California June 10, 2014. Noah Berger | Reuters Oracle‘s massive growth trajectory for cloud infrastructure is lifting all boats. The cloud giant forecasted skyrocketing sales to $114 billion in the company’s fiscal 2029, signalling demand for artificial intelligence…
Charles Liang, CEO of Super Micro, speaks at the Computex conference in Taipei, Taiwan, on June 1, 2023. Walid Berrazeg | Sopa Images | Lightrocket | Getty Images Super Micro Computer shares slid 15% in extended trading on Tuesday after the server maker reported disappointing fiscal fourth-quarter results and issued weak quarterly earnings guidance. Here’s…
The near-term outlook suddenly looks precarious for a stock market that’s near all-time highs, even after Friday’s big sell-off. Next week, investors will continue to act on what they learned this week. On the one hand, the artificial intelligence story that’s powered the stock market rally the last several months remains intact, with Microsoft this…
The Datadog stand is being displayed on day one of the AWS Summit Seoul 2024 at the COEX Convention and Exhibition Center in Seoul, South Korea, on May 16, 2024. Chris Jung | Nurphoto | Getty Images Datadog shares were up 10% in extended trading on Wednesday after S&P Global said the monitoring software provider…
Lisa Su, CEO of Advanced Micro Devices, testifies during the Senate Commerce, Science and Transportation Committee hearing titled “Winning the AI Race: Strengthening U.S. Capabilities in Computing and Innovation,” in Hart building on Thursday, May 8, 2025. Tom Williams | CQ-Roll Call, Inc. | Getty Images Advanced Micro Devices on Thursday unveiled new details about…
Super Micro Computer issued a lofty fiscal 2026 outlook, lifting the stock more than 13%. JPMorgan remains skeptical, however. The company said it expects revenue to reach $40 billion in fiscal 2026, overshadowing a much more tepid near-term forecast. Super Micro issued fiscal 2025 revenue guidance ranging between $23.5 billion and $25 billion, while analysts…
Meta CEO, Mark Zuckerberg and Tesla and SpaceX CEO, Elon Musk Manuel Orbegozo | Chip Somodevilla | Reuters The news surrounding the power and efficiency of China’s DeepSeek roiled tech markets Monday and landed just in time to give U.S. tech investors a reason to pay particularly close attention to earnings season, which kicks off…