Shares of electricity generation and hydrogen production company Bloom Energy (NYSE:BE) jumped 3.3% in the afternoon session after the company announced a collaboration with Oracle to power the tech giant's artificial intelligence (AI) data centers. The collaboration involved deploying Bloom's fuel cell technology at select Oracle Cloud Infrastructure (OCI) data centers in the U.S. This initiative aimed to meet the increasing power demands of AI and cloud computing services by providing a reliable and cost-efficient onsite power source. The announcement, which included a goal for the first deployments within 90 days, sent the company's shares to their highest level in several years. The stock's performance reflected strong investor enthusiasm for Bloom's potential to capitalize on the rapidly growing AI sector.
The United States current-account deficit expanded sharply to $450 billion in the first half of 2025, marking a renewed widening of the country's financial shortfall with the rest of the world. This expansion reflects a persistent imbalance between what the nation imports and what it exports in goods, services, income,
Larry Ellison, once too broke to pay his utility bills, has added nearly $100 billion to his net worth in 2025 alone—surpassing Jeff Bezos and Mark Zuckerberg—thanks to Oracle's meteoric rise and his strategic bets on cloud and AI.
Ike Barinholtz, the actor known for his role in Apple's "The Studio," is in talks to play Elon Musk in an upcoming AI-themed film, "Artificial." The movie, directed by Luca Guadagnino, is set to be released by Amazon (NASDAQ: AMZN) MGM Studios.
Oracle Corp. has partnered with OpenAI to expand the Stargate data center capacity in the U.S. by 4.5 gigawatts. This strategic investment aims to bolster the U.S.'s AI leadership and foster industrial growth.
SAP on Tuesday reported second quarter profit and revenue that edged by Wall Street estimates. SAP stock dipped amid the size of the beat. For the quarter ending June 30,... Read More
