Half of Oracle's growth depends on OpenAI, while Fed policy remains a key market catalyst.

The entities involved

• OpenAI →

  American artificial intelligence research organization

  • Leaders call for international cooperation on AI risks, tech leaders call for oversight, and the CMA proposes stricter search engine choice requirements.Mon 17:41
  • Experts, including Dario Amodei at Cornell University, warned about the power and limits of AI, specifically citing risks of AI taking control of the internet.Mon 17:41
• FED →

  business

  • US-Iran truce aims to reopen Strait of Hormuz amid global monetary policy shifts and oil price drops.Mon 17:37
  • Iran closed the Strait of Hormuz, halting petroleum liquids movement and raising inflation concerns, which Donald Trump views as a potential solution.Mon 16:16

Related events

• Reuters reported on a significant jump in Oracle's revenue backlog, noting that the company's growth narrative is diversifying and is no longer solely dependent on OpenAI.Sep 11
• OpenAI has been identified as a major customer contributing significantly to Oracle's business backlog.Jul 19
• The ongoing AI buildout is leading to a market reassessment for both OpenAI and Oracle.Jun 26
• Investor fears regarding AI market disruption and exposure to OpenAI technology and its risks.Aug 18
• Market movements await U.S. Federal Reserve policy decision, while OpenAI is noted as a major investment for SoftBank Group in Japan.Jun 17