This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
Oracle stock is dampening sentiment in the technology sector amid reports that financing for the development of its AI data center in Michigan has unraveled after Blue Owl Capital backed out. ORCL shares are tumbling by almost 5% today as the stock falls further from the $200-per-share threshold. OWL shares are down 2% on the day. Oracle has shaved 40% off its market cap over the past three months.
The Nasdaq Composite is now down 1.1% on the day.
Morgan Stanley analysts are bullish on Apple (Nasdaq: AAPL) stock, lifting the price target by $10 to $315 per share with an “overweight” rating attached. APPL stock is up fractionally today.
Bernstein analysts are at it again, today reemphasizing their “outperform” ratings on both Nvidia (Nasdaq: NVDA) and Broadcom (Nasdaq; AVGO), suggesting investors add both stocks to their portfolio if they haven’t already. Despite fears of an AI bubble, both of these companies continue to keep the capex spigot turned on.
Live coverage has ended. The full story is below.
This article will be updated throughout the day, so check back often for more daily updates.
The markets are attempting gains this morning with all three of the major stock market averages seeing green out of the gate. Investors and traders have been battling some weak economic data, not least a skyrocketing unemployment rate, that has dampened sentiment in the final stretch of 2025. If they can hold onto today’s gains, not only would it break the Nasdaq Composite’s multi-day losing streak but momentum could shift in time for the year-end performance tally, which currently stands up 19.3% year-to-date.
As Tesla (Nasdaq: TSLA | TSLA Price Prediction) stock continues to hover at fresh all-time highs, CEO Elon Musk’s net worth has now ballooned to a reported $638 billion.
After falling to its lowest level in four years amid geopolitical tensions, the benchmark Brent oil price has recovered to almost $60 per barrel.
Here’s a look at where things stand as of morning trading:
Dow Jones Industrial Average: 48,284.77 Up 167.09 (+0.35%)
Nasdaq Composite: 23,140.26 Up 40.44 (+0.17%)
S&P 500: 6,808.91 Up 7.5 (+0.10%)
Oracle’s Michigan-based multi-billion-dollar data center for AI has reportedly hit several snags, the most recent of which involves the pulling of financing from Blue Owl Capital (NYSE: OWL). A major financial institution may step in to bridge the funding gap.
Reports also indicate that Amazon (Nasdaq: AMZN) is poised to direct over $10 billion into OpenAI at a massive valuation of more than $500 billion attached to the ChatGPT maker.
Affirm (Nasdaq: AFRM) is tacking on 2% in today’s session
Baird analysts are bullish on retailer Gap (NYSE: GPS), lifting shares to an “outperform” rating while raising the price target by $6 to $33 per share.
Contact [email protected] for any questions or corrections.
Gerelyn Terzo is the author of dividend investing handbook "Dividend Investing Strategies: How to Have Your Cake & Eat It Too." A veteran financial journalist, she covers agri-finance for outlets like Global AgInvesting and the broader stock market and personal finance for 24/7 Wall Street. She began at CNBC and later helped launch Fox Business in New York. Gerelyn currently resides in Woodland Park, Colorado and dabbles in nature photography as a hobby.
This article will be updated throughout the day, so check back often for more daily updates. The markets are seeing early gains as AI names attempt one last push in the final stretch of…
This article will be updated throughout the day, so check back often for more daily updates. The markets are a mixed bag in the first trading session of February as technology stocks reach a…
This article will be updated throughout the day, so check back often for more daily updates. In what’s shaping up as a rotation out of technology names, the Nasdaq Composite has been left out…
This article will be updated throughout the day, so check back often for more daily updates. With Nvidia (Nasdaq: NVDA | NVDA Price Prediction) earnings just around the corner, technology stocks remain stuck in…
This article will be updated throughout the day, so check back often for more daily updates. The markets are mixed out of the gate as bulls and bears wrestle for control. The Nasdaq Composite…
This article will be updated throughout the day, so check back often for more daily updates. With the Federal Reserve officials convening in Washington, D.C., the markets remain in wait-and-see mode. All three of…
After a three-day winning streak, the markets are getting off to a slower start, with all three of the major stock market averages meandering between positive and negative ground this morning. Small-cap stocks are…
This article will be updated throughout the day, so check back often for more daily updates. The markets are continuing their trend of one step forward, two steps back. Today stocks are under pressure…
This article will be updated throughout the day, so check back often for more daily updates. The markets are showing off as stocks come within grasp of their latest all-time high levels. With the…
