HSBC Sees $207B OpenAI Expansion Drop

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The⁢ text discusses a report rating four major tech companies as “buy.”⁣ It ⁢then focuses on ‍Oracle,⁣ noting its recent volatility following a $300 billion deal with OpenAI.⁣ the deal initially boosted Oracle’s share price‌ significantly (30% surge) and briefly made⁤ Larry Ellison the world’s richest person. The deal is part of a larger $455⁤ billion ‌in cloud contracts, manny related⁢ to ​AI⁣ compute.

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