To The Moon

Oracle has found itself in the line of fire as investors sound the alarm over its massive borrowing -- and as broader concerns about artificial-intelligence spending rock the market.At least the AI infrastructure provider has Wells Fargo in its corner. In a research note Wednesday, analyst Michael Turrin initiated coverage on Oracle at Overweight with a $280 price target.Turrin's price target suggests the stock could rise 37% from Wednesday's levels, as Oracle traded 1.3% higher to $203.73.Oracle is undoubtedly under pressure, but Turrin says the cloud computing giant is set to emerge as a "clear market share gainer in infrastructure." He expects Oracle's Cloud Infrastructure segment to capture roughly 16% of market share by 2029, up from 5% this year.Concerns about Oracle's credit risk erupted in October as investors questioned how the company would finance its capex needs without sufficient cash flow generation to cover them. The company issued $18 billion of bonds in September, addi

Solid state battery shares gained on Wednesday. Lithium Americas up 23%; Plug Power, Quantumscape up around 15%; Microvast up 6%.Vancouver-based $Lithium Americas(LAC)$ said on Wednesday that the...

A tiny file ricochetedaround the globe, exposing the global IT network’s fragility and the risks of industry consolidation.When Brendan Delaney, a doctor with the UK’s National Health Service, turned

Singapore rents dropped for the first time in more than three years on the back of increased housing supply and expectations for an economic slowdown.An index of rents for private homes in the financi