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

Oracle (ORCL) stock jumped 7% on Tuesday after a report said the company was set to be part of a $500 billion investment in AI infrastructure that will be announced by President Trump on Tuesday. CBS News reported Tuesday Trump is set announce a new private sector investment to build artificial intelligence infrastructure in the US,

Lumen Technologies(NYSE: LUMN) stock is seeing strong bullish momentum in Wednesday's trading. The telecommunications company's share price was up 6.3% as of 3:20 p.m. ET. Meanwhile, the S&P 500 index was up 0.7%, and the Nasdaq Composite index was up 1.3%. The stock had been up as much as 11.3% earlier in the session.

Zuckerberg said the workforce has been "culturally neutured." With anti-DEI rhetoric on the rise, will women feel the impact?

The Meta CEO's comments on masculinity ignore the reality of systemic inequality and the harms of reinforcing aggressive corporate culture.

Jeff Bezos, Mark Zuckerberg, Elon Musk, and other tech leaders are providing Trump with a warmer welcome to the White House than eight years ago.

Meta is pursuing a MAGA makeover, in the latest political pivot for a company that once banned the now-president-elect from its platforms.

Overall, analysts continue to remain bullish on Nvidia stock. The consensus rating is a "Strong Buy,” with a mean target price of $176.90, indicating upside potential of about 20.3%. Out of 43 analysts covering NVDA stock, 36 have a “Strong Buy” rating, three have a “Moderate Buy” rating, and four have a “Hold” rating.

In addition to Trump, you can guarantee that virtually every tech company will mention AI revenue and spending. According to Jefferies analyst Brent Thill, Microsoft should report improved AI consumption and continued spending, something investors have been hoping for as the company works to meet customer demand for AI infrastructure.

The three wealthiest Americans, Elon Musk, Jeff Bezos and Mark Zuckerberg, sat together Monday at the second inauguration of President Donald Trump.

Sam Altman, CEO of OpenAI, has publicly expressed his support for President Donald Trump. This revelation comes years after he praised LinkedIn co-founder Reid Hoffman for stopping his re-election.

Twenty years after starting Facebook — and 12 years after taking it public — Mark Zuckerberg finds himself ... Larry Ellison, the founder of Oracle (ORCL), is ending 2024 with a fortune ...