AI Lifts Oracle, Inflation Looms: Market Recap

AI fuels market frenzy! Oracle's AI cloud boom sends its stock soaring 36% and founder Larry Ellison past Elon Musk as the world's richest, while Broadcom and even utility companies like Vistra ride the AI wave. But it wasn't all sunshine: Synopsys crashed 36% after disappointing sales, highlighting ongoing tech sector anxieties amidst anticipation for key inflation data. Hosted on Acast. See acast.com/privacy for more information.