Stock Market

Oracle Stock Surges on Trump’s Stargate Project


Oracle (ORCL) stock is surging in Wednesday after President Donald Trump unveiled The Stargate Project, which will invest up to $500 billion to build artificial intelligence (AI) infrastructure in the United States over the next four years.

The Stargate Project is a new company formed and funded by Japanese investment firm SoftBank, OpenAI, Oracle and technology investment firm MGX.



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