Big tech, chips, software, cloud, AI platforms, devices, and the companies shaping the digital economy.
Oracle (ORCL) is scheduled to report results this Wednesday after market hours. The upcoming update is expected to draw attention to how the company monetizes its cloud and AI efforts and what it outlines for future demand.
THE APEX TIMES
THE APEX TIMES
Ahead of Oracle’s fiscal results, attention is shifting from whether demand exists for cloud and AI workloads to whether Oracle can profitably deliver what it has already sold, based on the size of its remaining obligations.
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Shoppers can now describe a concept in the Amazon Shopping app and have Alexa generate custom designs for print-on-demand items, with Amazon handling production and delivery.
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The US chipmaker is lining up next-generation memory supply with SK hynix while working with partners across telecom and cloud services as South Korea competes to scale data-center and AI infrastructure.
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While investors have largely focused on the biggest AI chipmakers, a long-established glass-and-fiber business saw a sharp stock surge and drew attention for landing deals or endorsements connected to Nvidia’s and Amazon’s AI expansion.
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In the week leading up to WWDC, Apple said it is expanding Apple Intelligence and upgrading Siri, responding to investor doubts about whether the company is keeping pace in generative AI.
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Broadcom Inc. (NASDAQ:AVGO) has been named among billionaire investor Ken Fisher’s top dividend-focused stock picks, and a separate analyst update this week raised a price recommendation for the company.
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Oracle’s stock got a boost from Citi, which lifted its target to $330 from $320, pointing to accelerating infrastructure growth, as investors look ahead to the company’s next quarterly results.
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A new report says Meta may be exploring a large equity sale after previously leaning on debt for artificial intelligence spending, raising questions about dilution and how investors weigh near-term financing choices against AI-focused capex.
