InvestorsHub Logo
Followers 14
Posts 605
Boards Moderated 0
Alias Born 04/27/2010

Re: None

Tuesday, 03/12/2024 8:07:50 AM

Tuesday, March 12, 2024 8:07:50 AM

Post# of 585
Oracle Soars 13% With Exceptional Growth and Boosts Nvidia Shares With Collaboration Announcement, and More

Source: IH Market News
Nvidia (NASDAQ:NVDA) – Nvidia shares are up 1.7% in Tuesday’s pre-market, driven by Oracle‘s (NYSE:ORCL) emphasis on its importance in the artificial intelligence market. After Monday’s close, Oracle announced a new cloud computing infrastructure deal with Nvidia. Nvidia shares closed lower on Monday, but Oracle CEO Safra Catz indicated a promising collaboration in an earnings call. The statements suggested a continued demand for AI chips, potentially alleviating concerns about Nvidia’s chip shortage.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ORCL News