Oracle's blockbuster surge shows AI trade's growing influence on market

(Reuters) -Wall Street’s “AI trade” has propelled the market to record highs this year, and Oracle’s stunning share-price gains are giving investors another reason to back the trade. Oracle shares jumped 36% on Wednesday after the company pointed to a demand surge from AI firms for its cloud services. The surge lifted its market value to $922 billion, leapfrogging the values of Eli Lilly LLY.N, JPMorgan Chase JPM.N and Walmart WMT.N.

🔒 F5 to Acquire CalypsoAI for Enhanced AI Security

F5 is set to acquire CalypsoAI, integrating advanced real-time threat defense mechanisms and data security guardrails into its offerings. This acquisition aims to enhance enterprise-level security processes against AI-driven attacks, which are increasingly critical in sectors across North America and Europe.

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