CoreWeave said it expects capital expenditures of between $30 billion and $35 billion in 2026, sharply higher than the $14.9 billion it spent in 2025. Shares of CoreWeave fell more than 8 percent in after-hours trading on Thursday after the Nvidia-backed AI cloud infrastructure company unveiled plans to nearly double capital spending this year even […]
Shares of Oracle rose 2.5% on Monday after Wall Street analysts said the software company’s $50 billion fundraising plan eases concerns about its ability to finance a massive data center expansion with OpenAI.Long a smaller player in the cloud market, Oracle has emerged as a major player in computing power rentals in the past year, […]