Delta Air Lines President Hauenstein will retire at the end of February next year

The VIX index rises by about 7%

The semiconductor ETF fell 3.6%, leading the decline among U.S. stock sector ETFs, while the S&P energy sector rebounded by 2.2%

"Performance" Micron Tech's first fiscal quarter revenue beats expectations, stock price rises 5% after hours

U.S. stock market seven giants closing report | Tesla closed down over 4.6%, retreating from its historical high, NVIDIA fell 3.8%, Alphabet fell 3.2%

The Dow Jones Industrial Average closed down 228 points, the Nasdaq fell 1.8%, with Tesla and Oracle leading the decline with a drop of 5%

SpaceX's epic IPO plan makes obscure ETFs the focus

<p>Oracle Corporation has encountered a significant setback in its AI infrastructure expansion plan, as its largest partner Blue Owl Capital withdraws from the $10 billion data center financing. This news caused Oracle's stock price to drop 2% in pre-market trading. Oracle's cash flow is tight, with its stock price falling over 40% since the peak in September. Although Blackstone has intervened in negotiations, no agreement has been signed yet, and the financing outlook remains uncertain. Oracle stated that its development partner Related Digital has chosen the "best equity partner," and negotiations are ongoing</p>

- Oracle Corporation faces a significant setback in its ambitious AI infrastructure expansion as its key data center partner, Blue Owl Capital, has decided to withdraw support for a $10 billion facility deal.  
- Following this news, Oracle's stock dropped 2% in pre-market trading, reflecting concerns over its strained funding chain amid large expenditures and aggressive debt financing.  
- While discussions were held with potential financial partner Blackstone, no investment agreements have been finalized, leaving uncertainty around the financing prospects for the Michigan facility.

Wallstreetcn

Oracle

Report: Oracle's $10 billion AI data center financing is hindered as long-term partner Blue Owl withdraws

HK, US stocks top stories