Oracle is heading into its latest earnings report with investors focused on one central question: can the software giant’s rapidly expanding artificial intelligence infrastructure business grow fast enough to justify the enormous spending required to build it? The company, led by Larry Ellison, is scheduled to report quarterly results on Thursday in what could be
Broadcom is emerging as a major beneficiary of the rapid expansion in artificial intelligence infrastructure, with its AI semiconductor business posting strong growth and the company raising its long-term revenue outlook. The semiconductor and infrastructure software company expects AI revenue to reach $115 billion in fiscal 2027 and $230 billion in fiscal 2028, supported by
Earlier this year, a fear psychosis had gripped investors that advances in AI would replace software firms, and the sector was all but written off. Anthropic’s launch of new plugins for its Claude Cowork system in February sparked a global selloff in software firms, with the US markets alone losing $300 billion in market value
Arbitrum price has made a strong bullish breakout, reaching its highest level since January this year. ARB jumped to $0.1950, up by 175% from its lowest level this year, making it one of the best-performing tokens in the crypto industry. This surge has happened amid the ongoing Robinhood Chain growth. Arbitrum Price Jumps as Robinhood
Zcash price has gone parabolic, pushing it to its all-time high, making it one of the best-performing tokens. ZEC jumped to $1,171, up by 530% from its lowest level this year and nearly 4,000% from last year’s low. This surge has brought its market capitalization to nearly $20 billion, making it the 20th-biggest coin in
Zcash price has gone parabolic, pushing it to its all-time high, making it one of the best-performing tokens. ZEC jumped to $1,171, up by 530% from its lowest level this year and nearly 4,000% from last year’s low. This surge has brought its market capitalization to nearly $20 billion, making it the 20th-biggest coin in
The crypto market is doing well this weekend, with altcoins doing better than Bitcoin. Some of the top gainers are coins like Arbitrum (ARB), Zcash (ZEC), and PancakeSwap (CAKE). This article provides a forecast for top coins like Dogecoin (DOGE), Ripple (XRP), and Venice Token (VVV). Dogecoin price prediction The daily chart shows that the
Anthropic, the giant company in the artificial intelligence (AI) space, is planning to launch the biggest IPO in the coming weeks. As this happens, more details, including banker selection and prospectus release date are coming out. Goldman Sachs and Morgan Stanley scoop major roles One of the closely-watched move whenever a company as large as
Tesla (TSLA) stock came under pressure on Friday, a day after the electric vehicle maker officially launched its Cybercab robotaxi in Austin, Texas. Shares fell about 6.4% in trading, although the stock remained on track for its fourth weekly gain in five weeks. The launch has drawn mixed reactions from analysts and raised new regulatory
Apple (AAPL) stock fell about 2% on Friday as investors weighed reports that initial production of the company’s long-awaited foldable iPhone remains limited, raising concerns about whether Apple can meet demand when the device launches. According to a Nikkei Asia report, production of the foldable iPhone was running at only a few hundred units per