Oracle investors cast doubt on its knack for divination
The database company’s stock looks like a leveraged bet on OpenAI being able to meet its long-term promises
The database company’s stock looks like a leveraged bet on OpenAI being able to meet its long-term promises

Chief executive Sam Altman refocuses AI company as Anthropic tests its early lead

The surge in investment may end up looking more like previous cycles of over-optimism and heavy capital spending

Trading in insurance-like products that protect against tech company defaults is booming

But it relies on a host of rosy assumptions going in investors’ favour

Bank of America survey shows a majority of investors think companies are spending too much on AI infrastructure

Cautious comments from top bank executives add to jittery sentiment on Wall Street