Oracle Stock Surges On $500 Billion ‘Stargate’
OpenAI-Trump Deal
Posted By: Dreadnought, 1/21/2025 6:35:30 PM
Topline Oracle stock was the most notable winner from the stock market’s first day of trading during President Donald Trump’s second term as Trump unveiled a $500 billion artificial intelligence infrastructure partnership between the cloud computing and data storage giant and other AI heavyweights including OpenAI and Nvidia. Key Facts The AI infrastructure deal, dubbed “Stargate,” involves Oracle, OpenAI (the Microsoft-backed parent of the generative AI ChatGPT program), top AI tech designer Nvidia and Tokyo-headquartered conglomerate SoftBank, matching reports earlier Tuesday. Trump announced the project at a White House press conference flanked by Oracle’s billionaire chairman Larry Ellison, OpenAI’s billionaire CEO Sam Altman and SoftBank’s billionaire CEO Masayoshi Son.
Below, you will find ...
Most Recent Articles posted by "Dreadnought"
and
Most Active Articles (last 48 hours)
Most Recent Articles posted by
Dreadnought"
There’s no proof that Sigmund Freud ever acknowledged that “sometimes a cigar is just a cigar,” but whoever coined the phrase was certainly onto something. Not everything is chockfull of hidden meanings.
Including a hat.
With its ratings in freefall, MSNBC returned to its old-school journalistic roots, publishing today an introspective, hard-hitting, no-holds-barred psychoanalysis of the incoming first lady’s headwear: “The Message Behind Melania Trump’s Hat.”
(Well! If that doesn’t jumpstart its ratings, nothing will.)
Hannah Holland, an MSNBC producer and writer, penned this Pulitzer-worthy article. In her opinion:
Topline Oracle stock was the most notable winner from the stock market’s first day of trading during President Donald Trump’s second term as Trump unveiled a $500 billion artificial intelligence infrastructure partnership between the cloud computing and data storage giant and other AI heavyweights including OpenAI and Nvidia. Key Facts
The AI infrastructure deal, dubbed “Stargate,” involves Oracle, OpenAI (the Microsoft-backed parent of the generative AI ChatGPT program), top AI tech designer Nvidia and Tokyo-headquartered conglomerate SoftBank, matching reports earlier Tuesday.
Trump announced the project at a White House press conference flanked by Oracle’s billionaire chairman Larry Ellison, OpenAI’s billionaire CEO Sam Altman and SoftBank’s billionaire CEO Masayoshi Son.
Three major business leaders — SoftBank Group CEO Masayoshi Son, OpenAI CEO Sam Altman and Oracle Corp. Chairman Larry Ellison — joined President Donald Trump on Tuesday afternoon at the White House to announce the creation of a new company called Stargate.
Texas-based Stargate would invest up to $500 billion over the next four years in AI infrastructure. The initial investment is expected to be $100 billion and could reach five times that sum, according to The Associated Press.
Son, a billionaire based in Japan, had already pledged in December to invest $100 billion in U.S. projects over the next four years. The head of SoftBank had previously committed to $50 billion
DAVOS, Switzerland - German Chancellor Olaf Scholz said on Tuesday he does not support freedom of speech when it is used for extreme-right views, a day after a hand gesture by U.S. billionaire Elon Musk caused uproar during Donald Trump's inauguration festivities.
"We have the freedom of speech in Europe and in Germany. Everyone can say what he wants, even if he is a billionaire. And what we do not accept is if this is supporting extreme-right positions," Scholz said in Davos when asked about the incident.
Musk's hand gesture during a celebration of President Trump's inauguration drew online comparisons to a Nazi salute.
Musk dismissed the criticism as a "tired" attack.
As Republicans and Trump supporters recover from the massive adrenalin rush that was Inauguration Day, Democrats are in for a four-year-long, rough road of facing the consequences of losing the 2024 presidential election. They are now living with the fact that the American people soundly rejected their policies for a man they repeatedly smeared as "Hitler" and a fascist during the last few weeks of the campaign. As Donald Trump's cabinet picks wind their way through the Senate confirmation process, Democrats just can't quit their childish, petty behavior and are now engaging in new tactics.
The inaugural festivities continued for President Donald Trump and Vice President JD Vance on Tuesday, with both men finding themselves sitting in the National Cathedral for an "interfaith" prayer service. But while most of the speakers acquitted themselves well, a female Episcopalian "bishop" decided to fulfill the far-left's wildest dreams by directing a woke tangent at the president. During Mariann Budde's "sermon," she ranted about "transgender children" and asked Trump to have "mercy" on those who are "scared" of his administration, including those who "pick our crops." Here's the final few minutes of what she said. BUDDE: Let me make one
The Lava Ridge Wind project in Idaho has been a thorn in Idaho's sides locally for quite some time. Last June, I told you all about how the Bureau of Land Management had, once the developer's plans were approved, closed the required 90-day public comment period with a 'thank you all for your input.' The BLM pinkie swore to seriously consider every single one of the 11,000 or so comments submitted.
...As these things go, there were quite a few reasonable objections to Lava Ridge's construction besides its being big, ugly, and a waste.
For one thing, the proposal snugged behemoth wind turbines damn near right up against
The Bishop of the Episcopal Diocese of Washington gave an insultingly political speech that excoriated President Trump for...being President Trump, basically.
Episcopal Bishop Mariann Edgar Budde took the opportunity to slam President Trump at the National Prayer Service, where he sat among many of the nation's leaders. The idea of the Prayer Service is to unify the attendees and remind them that we are all one nation under God.
It was appalling in every way, no doubt coming from a leftist who speaks endlessly about love, compassion, and unity. She implied that Trump was an enemy of gay and lesbian people, criticized him for wanting to deport
Eighteen Democratic states, San Francisco, and Washington, D.C., are suing President Donald Trump and his administration over the newly signed executive order that seeks to end birthright citizenship for the children of illegal immigrants.
The coalition of attorneys general allege the order violates the 14th Amendment, which guarantees that anyone born in the U.S. is considered a legal citizen regardless of their parents’ immigration status.
“The President has no authority to rewrite or nullify a constitutional amendment or duly enacted statute. Nor is he empowered
Shock: WaPo Reporter Shuts Down Dem Influencer
Big Time in Debate Over Trump vs. Biden
Media Access 4 replies
Big Time in Debate Over Trump vs. Biden
Media Access 4 replies
Donald Trump had only been the 47th President of the United States for a few hours before he got right down to business, signing a stack of executive orders to undo the damage Joe Biden has done, with some signed at the Capital One Arena during an inauguration-related rally and others being signed in the Oval Office.
Among the orders, as we reported, were ones designed to help secure the southern border, end birthright citizenship, pause the TikTok ban for a short time, and withdraw the United States from the Paris Climate Accords and the World Health Organization. During his time behind the Resolute Desk, Trump casually engaged
There's a new sheriff in town, ladies and gents, one who doesn't take well to international bullies — and one of those bullies has already changed his tune. Or at least, Russian strongman Vladimir Putin wants the world (and President Donald Trump) to think he has.
Speaking of peace with Ukraine, Putin said in the hours immediately following Trump's swearing-in: "The goal should not be a temporary ceasefire, a short-term pause for regrouping forces and rearming to continue the conflict later, but a lasting peace based on respect for the legitimate interests of all people and nations living in the region."
The 'Theys' Are Gonna Need New Passports
6 replies
If some of the liberals who claim they're going to leave the country when Donald Trump takes office intend to stick to their plans, they may need new passports, especially if they don't identify as men or women.
Trump said and did a lot of things today, but one of his statements that received the loudest cheers and a standing ovation was that the federal government will only recognize two genders going forward. "As of today, it will henceforth be the official policy of the United States government that there are only two genders: male and female," he said during his speech in the Capitol Rotunda,
Most Active Articles (last 48 hours)
President Biden granted pardons to several prominent public servants Monday who have faced attacks from President-elect Trump in one of his final acts in office. Biden issued pardons for Dr. Anthony Fauci, the former director of the National Institute of Allergy and Infectious Diseases who led the nation’s COVID-19 pandemic response, and retired Gen. Mark Milley, former chair of the Joint Chiefs of Staff. The president also pardoned members and staff of the House committee that investigated the Jan. 6, 2021, Capitol attack in addition to the U.S. Capitol Police and D.C. Metropolitan police officers who testified before the Select Committee.
As we all knew would happen, Biden’s last act was to pardon every bad actor in his administration. This is hypocritical, to say the least, given his government’s vindictive pursuit of everyone in the Trump administration, including Trump himself. However, even worse than that, it sets a dangerous precedent that can destroy the American Constitution—and no, I’m not exaggerating.
So, here’s the top line from Fox News:
"President Biden pardoned Dr. Anthony Fauci, Gen. Mark Milley, and others who some speculated may have faced investigations under the incoming Trump administration on Monday.
Biden's pardons come just hours before he is set to depart
Billionaire Amazon founder Jeff Bezos was a special guest of President Trump’s inauguration today. Along with other billionaire tech giants, Bezos surprisingly followed the lead of the world’s richest man, Elon Musk, and embraced President Trump in the final months of his campaign. Bezos attended President Trump’s inauguration with his fiancé Lauren Sanchez, who forgot her blouse before heading out the door.
The cameras followed Sanchez and Bezos as they entered the room and found their seats behind President Trump’s family.
VIDEO: AOC Says She Will Not Attend Donald
Trump’s Inauguration Because ‘I Don’t
Celebrate Rapists’ 29 replies
Trump’s Inauguration Because ‘I Don’t
Celebrate Rapists’ 29 replies
Rep. Alexandria Ocasio-Cortez (D-NY) said Sunday she will not attend President-elect Donald Trump’s inauguration on Monday because she does not “celebrate rapists.”
Ocasio-Cortez wrote in the caption of her Instagram post, “Guess I’m old school that way.” In the video, she said journalists had been asking her if she was going to attend the inauguration. “Let me make myself clear. I don’t celebrate rapists. So no, I’m not going to the inauguration tomorrow,” she stated: (Photo) The Libs of TikTok account on X shared the video and said, “AOC calls Trump a r*pist. Another person Trump should sue”:
(X Video)
Recall Mark Milley to Service And Humiliate
Him; UPDATE: Milley Portrait Gone From Pentagon 27 replies
Him; UPDATE: Milley Portrait Gone From Pentagon 27 replies
All of Joe Biden's preemptive pardons for the worst political malefactors in recent years are an insult to the rule of law, but one in particular sticks in my craw: Mark Milley.
Why?
I expect bureaucrats like Anthony Fauci to be ass-covering snakes with a lust for power and disdain for accountability, and I am confident that he will burn in hell and be remembered as the mass murderer that he is.
I expect politicians like Liz Cheney, Adam Schiff, and the sc*mbags of the January 6th Committee to be liars who would sacrifice their souls for an extra minute on TV and an additional campaign dollar.
President Biden pardons brother James,
other relatives for unspecified crimes
before leaving office 27 replies
other relatives for unspecified crimes
before leaving office 27 replies
President Joe Biden pardoned his brother James Biden and other relatives Monday for unspecified crimes, a similar last-minute move to protect his family from potential investigation as when he pardoned his son Hunter Biden for gun and tax convictions.
The president said he pardoned his brother and other relatives − his sister Sara Jones Biden, his sister Valerie Biden Owens and her husband John Owens, and another brother, Francis Biden − because of concerns about "baseless and politically motivated investigations wreak havoc on the lives, safety, and financial security of targeted individuals and their families," he said in a statement released minutes before the end of his term.
A Presidential Pardon does not take effect unless the suspect accepts it. That according to a little known, 1915 ruling from the Supreme Court, once accepted, the pardon serves as an “imputation of guilt,” or what’s more commonly known as an admission. Because accepting the pardon is “essential to it’s validity,” I am demanding the Biden family, Dr. Fauci, Gen. Mark Milley, the members of the J6 Committee and everyone else Biden unsurprisingly pardoned declare their acceptance of the pardon publicly. Because, according to the Supreme Court, it would also serve as a declaration of guilt.
Former U.S. Rep. Liz Cheney (R-WY) slammed freshly sworn-in President Donald Trump’s remarks from his inauguration ceremony, calling him a “liar” for calling out the House Select Committee on January 6 and former Speaker Nancy Pelosi (D), right after she received a preemptive pardon from outgoing President Joe Biden.
During his speech in front of dignitaries and family members in the rotunda of the U.S. Capitol, Trump lamented how he offered Pelosi “10,000 soldiers” to mitigate the risk of unrest on January 6, 2021, “but she rebuffed them”:
(X Video)
If you've never heard of Larenzo Sewell before, you definitely know him now.
Pastor Sewell is the head pastor at the 180 Church on Detroit's west side. He's a man who isn't afraid to put political themes in his sermons as he is of the mind that the Bible is, in fact, a political book with a political message.
“The gospel message is a political message. The Bible is a political book, from Genesis to Revelations. We see that the Bible is a political book,” Sewell told Fox News. “It is impossible to be politically neutral.”
Sewell hosted Trump at his church for a roundtable discussion back in June,
President Donald Trump was left in disbelief as he was forced to listen to a woke bishop deliver a stunningly negative sermon calling for him to show 'mercy' to illegal immigrants and transgender children. On the first full day of Trump's presidency Marianne Budde, the left-wing Episcopal Bishop of Washington, unleashed a wild lecture claiming trans kids were 'fearing for their lives' due to him being in the Oval Office.
Trump sat stony-faced in the front row, next to First Lady Melania Trump, as the prelate told him illegal immigrants were not criminals and he shouldn't deport those with children.
One of Donald Trump’s first acts as president was to commute the sentences of or pardon nearly every single Jan. 6 prisoner, setting them all free. But multiple prisons and halfway houses have resisted complying, with the D.C. gulag holding multiple prisoners hostage and refusing to release them.
Trump’s historic order commuted the sentences of about a dozen individuals and pardoned “all individuals convicted of offenses related to event that occurred at or near the United States Capitol on January 6, 2021.” It ordered that those “currently held in prison are released immediately.” But the thugs who have so abused and trampled the rights of the J6ers
Lip reader suggests Obama asked Bush how
they could ‘stop what’s happening’
at Trump’s inauguration 20 replies
they could ‘stop what’s happening’
at Trump’s inauguration 20 replies
Barack Obama asked George W. Bush how they could “stop what’s happening” during President Trump’s inauguration on Monday, according to a lip reader.
Jackie Gonzalez, a deaf woman who shares her interpretations of celebrities’ and politicians’ private conversations on social media, made a now-viral video revealing what she believed the two former presidents were discussing during a candid moment at Trump’s inauguration.
Footage of Obama and Bush sharing a laugh during Trump’s swearing-in ceremony took off online Monday, with many internet sleuths wondering what the 43rd and 44th presidents were joking about.