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Top 20 transaction volume | Meta rises more than 2% to a new high, announcing the establishment of a new ai model MovieGen; chip stocks rise, AMD up nearly 5%, nvidia up nearly 2%
On Friday, in the US stock market, nvidia ranked first in trading volume, up 1.68%, with a turnover of $30.312 billion; tesla ranked second, up 3.91%, with a turnover of $21.519 billion; apple ranked third, up 0.50%, with a turnover of $8.436 billion.
US stocks close | The three major indices all rose, with the Dow hitting a new closing high, tesla up nearly 4%; the China Golden Dragon Index rose more than 3%, up nearly 12% for the week.
The S&P 500 rose 0.2% for the week, while the Dow was slightly up, the Nasdaq rose 0.1%, the chip index fell 0.2%, and the small cap index fell 0.6%. The S&P energy sector surged over 7% for the week, marking its best performance in nearly two years.
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News Highlights: Top Company News of the Day - Wednesday at 7 AM ET
Anwar Welcomes Oracle's US$6.5 Billion Investment, Promises AI Innovation For Malaysia
Oracle invested over 6.5 billion US dollars to establish a datacenter to cope with the growing demand for AI applications and cloud services in Malaysia.
USA technology giant Oracle (ORCL.US) announced plans to establish a public cloud computing service datacenter in Malaysia to address the surge in demand for artificial intelligence applications and cloud services in the region, with an investment exceeding 6.5 billion US dollars. It is expected that the datacenter will provide momentum for the development of the public cloud market in Malaysia and assist local businesses in transitioning their businesses to the cloud. Garrett Ilg, General Manager and Executive Vice President of Oracle Japan and Asia Pacific, stated that this investment demonstrates the company's commitment to development in Malaysia, expecting Malaysia to become a regional gateway for cloud infrastructure.
Malaysia Bags Another Cloud Deal From U.S. Big Tech With $6.5 Billion Pledge From Oracle
Oracle to Invest $6.5 Billion to Set up Cloud Facilities in Malaysia
Express News | Oracle will invest 6.5 billion US dollars to establish cloud computing facilities in Malaysia.
Express News | Oracle: Malaysia Important Market for Further Growth, Opportunities