Keyword → OpenAI

SpaceX Breakthrough: Lands in Millions of 401(k)s via Index Funds, Paving Way for AI Tech

SpaceX's inclusion in 401(k)s through index funds opens the door for similar tech inclusions, potentially boosting AI sector stocks like OpenAI and Anthropic.

OpenAI Weighs IPO Delay to 2027 at $1 Trillion Valuation — SoftBank Plunges 13%, KOSPI Triggers Circuit Breaker as Nasdaq 100 Futures Slide 0.9%

The New York Times reported that OpenAI is considering delaying its initial public offering until 2027, targeting a $1 trillion valuation rather than accepting a lower figure in choppy markets. The news sent SoftBank Group plunging 13%, wiping out 5.6 trillion yen in market value, and triggered an 8% collapse in South Korea's KOSPI that activated a circuit breaker. Nasdaq 100 futures fell 0.9% as investors broadly reassessed AI-sector valuations heading into a pivotal quarter-end Friday.

Alphabet Dips 0.4% to $362.26 as Gemini Co-Lead Noam Shazeer Departs for OpenAI — Google Once Paid $2.7B to Bring Him Back

Alphabet shares slipped 0.4% to $362.26 in premarket trading after Noam Shazeer, the Gemini AI co-lead credited with closing the gap on ChatGPT, announced he is leaving Google to join rival OpenAI. Google reportedly paid $2.7 billion less than two years ago to bring Shazeer and his Character.AI team back into the fold, making his exit a fresh test of the company's ability to retain top AI talent. The move comes as Alphabet raised its planned equity sales to $84.75 billion.

Oracle Surges on AI Cloud Blowout: Q3 Revenue Jumps 22%, RPO Backlog Hits $553 Billion

Oracle reported its strongest quarterly results in over 15 years Tuesday, with fiscal Q3 revenue rising 22% to $17.2 billion and cloud infrastructure revenue surging 84% year over year. The company's remaining performance obligations—a key measure of future contracted revenue—exploded to $553 billion, up 325% from a year earlier, driven by large-scale AI infrastructure contracts.

Oracle Reports Q3 FY2026 Earnings After the Bell: AI Infrastructure Bet and Cash Burn Under Scrutiny

Oracle Corporation is set to release its fiscal third-quarter 2026 results after Tuesday's market close, with Wall Street projecting revenue of approximately $16.9 billion and non-GAAP earnings per share near $1.70. Investors will scrutinize whether the company's massive AI infrastructure spending — and a reported plan to cut up to 30,000 jobs — is translating into sustainable cash flow, as the stock remains down roughly 54% from its September 2025 peak.