Oracle's stock surges 8.51% after Trump announces $500B AI initiative, solidifying its role as a key AI provider. CEO Ellison's stake also rises.

Oracle (ORCL) stock jumped 7% on Tuesday after a report said the company was set to be part of a $500 billion investment in AI infrastructure that will be announced by President Trump on Tuesday. CBS News reported Tuesday Trump is set announce a new private sector investment to build artificial intelligence infrastructure in the US,

Lumen Technologies(NYSE: LUMN) stock is seeing strong bullish momentum in Wednesday's trading. The telecommunications company's share price was up 6.3% as of 3:20 p.m. ET. Meanwhile, the S&P 500 index was up 0.7%, and the Nasdaq Composite index was up 1.3%. The stock had been up as much as 11.3% earlier in the session.

Zuckerberg said the workforce has been "culturally neutured." With anti-DEI rhetoric on the rise, will women feel the impact?

Oracle (ORCL) stock jumped as much as 6% after a report said the company is set to be part of a $500 billion investment in AI infrastructure that will be announced by President Trump on Tuesday. CBS News reported Tuesday Trump will announce a new private sector investment to build artificial intelligence infrastructure in the US,

Meta is pursuing a MAGA makeover, in the latest political pivot for a company that once banned the now-president-elect from its platforms.

Of course, Zuckerberg had more to say. The Meta CEO criticized Apple for its "random rules," such as taking 30 percent of profits from apps on the iOS App Store or the inability of third-party devices to work seamlessly with iPhones like AirPods. In Zuckerberg's words, this is how Apple makes money in a world where iPhone sales are slowing down.

Overall, analysts continue to remain bullish on Nvidia stock. The consensus rating is a "Strong Buy,” with a mean target price of $176.90, indicating upside potential of about 20.3%. Out of 43 analysts covering NVDA stock, 36 have a “Strong Buy” rating, three have a “Moderate Buy” rating, and four have a “Hold” rating.

In addition to Trump, you can guarantee that virtually every tech company will mention AI revenue and spending. According to Jefferies analyst Brent Thill, Microsoft should report improved AI consumption and continued spending, something investors have been hoping for as the company works to meet customer demand for AI infrastructure.

After driving the S&P 500 to a high, Oracle and other AI stocks gave up some of Wednesday's gains from President Trump's Stargate project.

The three wealthiest Americans, Elon Musk, Jeff Bezos and Mark Zuckerberg, sat together Monday at the second inauguration of President Donald Trump.

Sam Altman, CEO of OpenAI, has publicly expressed his support for President Donald Trump. This revelation comes years after he praised LinkedIn co-founder Reid Hoffman for stopping his re-election.