Tuesday, September 10, 2024

Oracle shares are up 34% since January, well outpacing the Nasdaq's 14% rise, as it becomes an attractive cloud-computing provider for AI developers (Tom Dotan/Wall Street Journal)

Tom Dotan / Wall Street Journal:
Oracle shares are up 34% since January, well outpacing the Nasdaq's 14% rise, as it becomes an attractive cloud-computing provider for AI developers  —  Long-stagnant stock is up 34% thanks to its neutral status in the booming market for AI computing power  —  Oracle missed the tech industry's move …



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Constellation Energy plans to invest $1.6B to revive the Three Mile Island nuclear plant in Pennsylvania and sell all the output to Microsoft data centers (Bloomberg)

Bloomberg : Constellation Energy plans to invest $1.6B to revive the Three Mile Island nuclear plant in Pennsylvania and sell all the out...