Senator Bernie Sanders is advocating for transformative labor reforms including a 32-hour work week and corporate robot tax to confront the imminent danger of artificial intelligence eliminating nearly 100 million American jobs. His legislative framework emerges as Senate analysis projects 97 million workers could be displaced within a decade, sparking intense debate about reconciling technological advancement with worker security amid surging automation investments by tech billionaires.
about Sanders Proposes 32-Hour Week & Robot Tax to Counter AI Job ThreatLarry Ellison
0 posts last weekOracle Gains TikTok Stake, Cloud & Algorithm Control
Oracle Corporation is positioned to emerge as the primary corporate beneficiary of TikTok’s continued U.S. operations, securing both a significant equity stake and critical technology roles in a landmark deal expected to be signed by former President Donald Trump. The arrangement transforms Oracle from a mere service provider into a key shareholder while entrusting it with TikTok’s cloud infrastructure and proprietary algorithm management, addressing longstanding national security concerns about Chinese data access. This strategic coup could substantially enhance Oracle’s competitive standing in the cloud computing arena and deliver considerable value to ORCL stockholders.
about Oracle Gains TikTok Stake, Cloud & Algorithm ControlTom Lee’s GRNY ETF: 3 Top Stocks for Growth
Fundstrat’s Tom Lee has gained Wall Street recognition with his ‘Granny Shots’ investment approach. His GRNY ETF contains several standout performers that continue to show strong potential. Three stocks in particular—Oracle, Tesla, and American Express—demonstrate why this strategy merits investor attention.
about Tom Lee's GRNY ETF: 3 Top Stocks for GrowthOracle Stock Soars: AI Boom Could Push Shares Past $400
Oracle Corporation’s recent quarterly earnings report has ignited a fire under its stock, triggering a staggering 35% single-day surge and propelling shares up 112% over the past six months. This explosive performance, driven by unexpectedly high cloud bookings, has not only made CEO Larry Ellison the world’s richest man but has also forced Wall Street to reconsider Oracle’s position in the AI landscape. As the AI boom’s tailwind appears to shift from chipmakers like Nvidia to infrastructure and software providers, analysts are racing to raise price targets, with the most bullish projecting a climb past $400 per share. The central question now is whether these new targets are ambitious enough.
about Oracle Stock Soars: AI Boom Could Push Shares Past $400TikTok Is a Waste of Money for Oracle
Oracle Corporation’s rumored pursuit of TikTok in a potential $100 billion acquisition has ignited fierce debate among analysts and investors, creating one of the most perplexing strategic puzzles in recent corporate history. The enterprise software giant’s interest in a consumer social media platform appears fundamentally misaligned with its decades-long focus on government and corporate clients, raising serious questions about strategic fit, valuation rationale, and the true motivations behind what could become one of the largest tech acquisitions ever.
about TikTok Is a Waste of Money for OracleBillionaires Bet on Warner Bros. Discovery Stock Surge
Billionaire investors including Stanley Druckenmiller and Ken Griffin made significant bets on Warner Bros. Discovery in Q2, just before the stock surged 56% last week. Their moves, revealed through 13F filings, highlight the media company’s turnaround potential amid restructuring and takeover rumors. However, experts caution against blindly following smart money without personal due diligence.
about Billionaires Bet on Warner Bros. Discovery Stock SurgeECB Holds Rates, Oracle Soars on AI Cloud Outlook
The European Central Bank is expected to keep interest rates unchanged at 2% for the second consecutive meeting, reflecting satisfaction with current monetary policy amid stable inflation and economic resilience in the eurozone. Simultaneously, Oracle experienced its largest stock surge since 1992, with shares climbing up to 43% due to aggressive cloud business projections, briefly making co-founder Larry Ellison the world’s richest person. This surge also positively impacted AI-related stocks like Nvidia, underscoring the growing influence of artificial intelligence on market valuations. The Opening Trade provides comprehensive coverage of these developments with exclusive analysis and expert commentary.
about ECB Holds Rates, Oracle Soars on AI Cloud OutlookOracle AI Surge & Klarna IPO: Markets React to Tech News
Oracle’s shares jumped over 40% due to optimistic AI projections, elevating Larry Ellison to the top of global wealth rankings. In parallel, Klarna’s CEO Sebastian Siemiatkowski discussed the company’s future as its shares began trading publicly following a heavily oversubscribed IPO. At the Primary Summit, Bloomberg’s Caroline Hyde engaged with investors exploring trends in AI, technology, and sports investing, highlighting broader market enthusiasm and strategic shifts in high-growth sectors.
about Oracle AI Surge & Klarna IPO: Markets React to Tech NewsOracle’s AI Pivot Fuels Record Stock Surge, $455B Backlog
Oracle Corporation has experienced a dramatic market transformation driven by its successful AI infrastructure strategy, with shares rocketing up to 40% in intraday trading—a record for companies valued above $500 billion. The surge follows revelations of Oracle Cloud Infrastructure’s explosive growth trajectory, projected to reach $18 billion this fiscal year, $32 billion by 2027, and $144 billion within three years. Most significantly, the company reported a 359% year-over-year increase in remaining performance obligations to $455 billion, representing nearly half a trillion dollars in locked-in future business. CEO Safra Catz announced expectations for additional multi-billion-dollar contracts in coming months, while Oracle’s unique AI capabilities—including running ChatGPT and other major models within its database stack—have positioned it as a preferred partner in major initiatives like the Stargate project with OpenAI and SoftBank.
about Oracle's AI Pivot Fuels Record Stock Surge, $455B BacklogDeepSeek Launch Causes Major Stock Market Turmoil and AI Industry Concerns
The S&P has surged 201% over the past decade, outpacing China’s CSI 300 index, which fell 8%, and Europe’s Stoxx 600, which gained 33%. A recent selloff was triggered by the emergence of DeepSeek, a Chinese AI firm, whose low-cost generative AI model poses a competitive threat to U.S. tech giants like OpenAI and Nvidia, raising concerns about the sustainability of the American AI investment boom. Analysts are divided, with some warning of overhyped fears while others highlight the potential disruption DeepSeek could bring to the market.
about DeepSeek Launch Causes Major Stock Market Turmoil and AI Industry ConcernsTech Billionaires Lose Billions Amid Nvidia Stock Market Plunge
Tech billionaires collectively lost nearly $100 billion in a stock market selloff triggered by DeepSeek’s challenge to US AI dominance, which led to Nvidia’s historic $600 billion market value drop. Jensen Huang’s net worth fell by $20.7 billion, pushing him from 10th to 17th in global wealth rankings, while Larry Ellison lost $27.6 billion, dropping to fifth place. Analysts suggest the selloff may be an overreaction, emphasizing ongoing demand for advanced AI hardware despite the panic surrounding DeepSeek’s developments.
about Tech Billionaires Lose Billions Amid Nvidia Stock Market PlungeOracle Stock Soars Following Trump’s Announcement of $500 Billion AI Deal
Oracle’s stock surged 7% following President Trump’s announcement of a $500 billion AI infrastructure partnership called “Stargate,” involving OpenAI, Nvidia, and SoftBank. The initiative promises $100 billion in the first year and aims to create hundreds of thousands of jobs.Larry Ellison, Oracle’s chairman, saw his wealth increase by $12 billion, making him the world’s third-richest person. The project underscores Oracle’s pivotal role in powering OpenAI’s data needs and aligns with SoftBank’s previous commitments to U.S. technology investments.
about Oracle Stock Soars Following Trump's Announcement of $500 Billion AI Deal