U.S. MarketsNovember 4 at 12:02 AM

Oracle (ORCL) cancels USD 7bln Tencent (700 HK) AI deal under Trump pressure, according to FT

ORIGINAL · NewsquawkOracle (ORCL) cancels USD 7bln Tencent (700 HK) AI deal under Trump pressure, according to FT

StockNow breaking-news AI analysis

The headline reports Oracle canceled a USD 7 billion Tencent AI deal, attributing the account to the FT and citing Trump pressure; supporting detail was unavailable.

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Oracle (ORCL) cancels USD 7bln Tencent (700 HK) AI deal under Trump pressure, according to FT

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[MARKET UPDATE] US equity futures move back into the green, reversing earlier losses following the Democratic sweep; ES was down as much as 1.4% overnight; Bitcoin also reversed earlier losses

[MARKET ANALYSIS] Democratic trade in full swing, but some AI-sensitive names off worst on PSC results.

Oracle (ORCL) cancels USD 7bln Tencent (700 HK) AI deal under Trump pressure, according to FT

Related stocks

What do investors think?

Today's market highlights

[MARKET UPDATE] US equity futures move back into the green, reversing earlier losses following the Democratic sweep; ES was down as much as 1.4% overnight; Bitcoin also reversed earlier losses

[MARKET ANALYSIS] Democratic trade in full swing, but some AI-sensitive names off worst on PSC results.