Oracle's strong earnings reinforced Fed rate hike expectations, causing stock surges for HPE and Dell.

The entities involved

• FED →

  business

  • A tech sell-off began in New York markets, driven by rate hike concerns and hawkish commentary from the FED.10:10
  • Markets are preparing for the Fed's Jackson Hole symposium while focusing on the Bank of Japan's upcoming rate hike.07:49
• Oracle →

  company in Madrid, Spain

  • AI revenue performance is impacting major tech stocks, with OpenAI's revenue run rate being reported.04:45
  • Microsoft, OpenAI, Oracle, and Mozilla are collaborating on software security, issuing patches and using AI for bug hunting.04:08
• Dell →

  American multinational computer technology corporation

  • Dell is collaborating with Elastic on an AI platform that utilizes NVIDIA GPUs, announced on August 15, 2025.Fri 21:24
  • Dell's Data Search Engine is powered by Elasticsearch, detailing a specific technology integration within Dell's AI platform.Fri 21:24

Related events

• Inflation pressures and higher borrowing costs are causing market declines and stock drops for tech firms like CoreWeave, Dell, and Oracle.Wed 23:25
• Oracle stock trails the S&P 500 index through October 2030.Sun 00:05