Oracle Corp. presented a positive outlook on future growth and highlighted significant cloud-services contracts to Wall Street on Monday. Despite this, the company’s stock continued to decline due to concerns about rising costs related to expanding data centers. Investors remain wary of Oracle’s profitability amid the increasing expenses associated with infrastructure development.
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Got $1,000? Here Are 2 Fantastic Stocks to Buy Right Now.
For those looking to invest in the stock market, Nvidia (NVDA) and Taiwan Semiconductor Manufacturing (TSM) are recommended stocks, with a suggested holding period of three to five years to realize potential gains. Both companies are capitalizing on the significant growth in artificial intelligence, with Nvidia's GPUs being crucial for AI models and TSMC producing chips for various competitors. Management forecasts indicate Nvidia's revenue could increase significantly over the next five years, while TSMC anticipates...
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