Oracle Corp

Stock market today: Wall Street rallies to a record as Big Tech stocks renew their run

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Stock market today: Wall Street rallies to a record as Big Tech stocks renew their run

NEW YORK (AP) — Stocks rallied to records after some influential Big Tech companies got back in their groove. The S&P 500 rose 1.1% Tuesday to top its all-time high set last week. The Dow Jones Industrial Average gained 0.6%, and the Nasdaq composite jumped 1.5%. All three indexes started the day with losses after … Read more

Databricks, the $43 billion AI firm, acquires Arcion for $100 million

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Databricks, the $43 billion AI firm, acquires Arcion for $100 million

Ali Ghodsi, co-founder and CEO of Databricks Inc., speaks during a Bloomberg Technology television interview in San Francisco on Oct. 22, 2019. David Paul Morris | Bloomberg | Getty Images Databricks has agreed to acquire Arcion, an enterprise data company, for about $100 million, including incentives, CEO Ali Ghodsi told CNBC ahead of an official … Read more