AMD, Oracle, Microsoft and the IGV lead a monster week for tech stocks
Oracle, AMD and Microsoft are on pace for historic weeks, while Intel, Broadcom, Micron, Marvell and ON Semiconductor are all roaring in April. Source link
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Oracle pops 11%, leading bounce back rally in software stocks
Oracle Corporation rings the Opening Bell at the New York Stock Exchange on Feb. 3, 2026. NYSE Oracle‘s stock surged 11% as software shares, beaten down by artificial intelligence disruption fears, clawed back some year-to-date losses. Adobe jumped about 6%, while Salesforce rallied 5%. ServiceNow, HubSpot, and Workday rallied more than 7% each. Cybersecurity stocks…
OpenAI touts Amazon alliance in memo, Microsoft ‘limited our ability’
OpenAI’s newly appointed revenue chief, Denise Dresser, sent a memo to staffers on Sunday, touting the company’s alliance with Amazon as a key growth driver for its enterprise business, while noting the constraints of its long-standing tie-up with Microsoft. Dresser’s memo lands less than two months after Amazon announced plans to invest up to $50…
Stocks gain on Iran ceasefire, plus 3 things that drove last week’s market
The S & P 500 posted its best week since November, sparked by the United States and Iran agreeing to a temporary ceasefire. President Donald Trump announced a two-week pause in attacks on Iran late Tuesday, which sent equities soaring. The S & P 500 surged 2.5% on Wednesday, while the Nasdaq jumped 2.8%. The…
Why stocks like Salesforce, Adobe may still lag
CNBC’s Jim Cramer on Thursday marveled at the divergent fates of technology stocks — the hardware winners and software losers — and suggested it may remain this way for a while longer. This divide had been one of the market’s dominant themes in 2026 before the Iran war broke out Feb. 28. And now, even…
Japan’s Sakura Internet jumps 20% as Microsoft plans $10 billion AI push with SoftBank
Microsoft’s Vice Chair and President Brad Smith (L) and Japan’s Prime Minister Sanae Takaichi pose before their meeting at the Prime Minister’s Office in Tokyo on April 3, 2026. Kazuhiro Nogi | Afp | Getty Images Shares of Sakura Internet surged as much as 20.2% Friday after Microsoft said it has begun discussions with the…
Oracle layoffs will help cost savings, analysts say
Oracle Corp. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Dec. 31, 2025. Michael Nagle | Bloomberg | Getty Images Oracle stock traded flat on Wednesday as the multinational tech conglomerate looked to cut thousands of jobs to free up cash to build artificial intelligence data…
Anthropic wins preliminary injunction in Trump DOD fight
CEO and co-founder of Anthropic Dario Amodei speak onstage during the 2025 New York Times Dealbook Summit at Jazz at Lincoln Center on December 03, 2025 in New York City. Michael M. Santiago | Getty Images A federal judge in San Francisco granted Anthropic’s request for a preliminary injunction in its lawsuit against the Trump…
Meta must pay $375 million for violating New Mexico law in child exploitation case, jury rules
A jury ruled Tuesday against Meta in a major New Mexico trial in which the state’s attorney general alleged that Meta failed to safeguard its family of apps from child predators. The civil trial, in which opening arguments began on Feb. 9 in a Santa Fe courthouse, centers on allegations that Meta violated state consumer…
OpenAI risk factors Microsoft reliance, Elon Musk and xAI lawsuits
OpenAI CEO Sam Altman speaks during the BlackRock Infrastructure Summit on March 11, 2026, in Washington. Anna Moneymaker | Getty Images In a document that resembles an IPO prospectus, OpenAI said its close ties with Microsoft could be a potential risk to its business, telling investors that the software company is responsible for “a substantial…