Oracle Gave Nvidia Investors 15 Billion Reasons to Be Bullish

Core Insights - Oracle is experiencing significant capital expenditure (capex) growth this year, primarily driven by the increasing demand for AI computing [1] Company Updates - The surge in Oracle's capex is indicative of a broader trend in the technology sector, particularly among companies focused on artificial intelligence [1] - Nvidia and other AI-related stocks are also impacted by these developments, suggesting a strong market interest in AI technologies [1]