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CSX Corporation saw shares climb 2% after hours following better-than-expected quarterly earnings. Meanwhile, Interactive Brokers Group declined despite beating estimates, and Oracle fell after providing its long-term outlook. Obesity drug manufacturers Novo Nordisk and Eli Lilly also moved lower.
Shares of CSX Corporation jumped approximately 2% in after-hours trading Thursday after the railroad company reported quarterly results that reportedly exceeded analyst expectations. According to the analysis by LSEG, CSX posted adjusted earnings of 44 cents per share on revenue of $3.59 billion for its third quarter, slightly beating expectations of 42 cents per share on $3.58 billion in revenue. The report states that despite this performance, declining coal prices and merchandise volume contributed to slightly lower revenue during the period. CSX Transportation operates one of the largest railroad networks in the eastern United States.
Oracle has launched a groundbreaking supercomputer architecture combining hundreds of thousands of Nvidia GPUs across multi-gigawatt data centers. The system reportedly achieves unprecedented 16 zettaFLOPS performance, targeting industry-specific AI applications with accelerated computational capabilities.
Oracle has unveiled what sources indicate is a revolutionary supercomputer architecture designed specifically for artificial intelligence workloads. The system integrates hundreds of thousands of Nvidia GPUs across multiple data centers, forming what analysts suggest could be the most powerful computational platform ever deployed for commercial AI applications.
Oracle has revealed plans to deploy a massive supercluster powered by 50,000 AMD Instinct MI450 Series GPUs, marking a significant expansion of its partnership with the chipmaker. The announcement positions Oracle as the first hyperscaler to offer publicly available supercomputing infrastructure at this scale using AMD components. Industry analysts suggest this move demonstrates Oracle’s commitment to maintaining multiple chip vendor options in the competitive AI infrastructure market.
Oracle has announced a significant expansion of its partnership with AMD at its annual AI World conference, revealing it will become the first hyperscaler to offer a publicly available supercluster powered by 50,000 AMD Instinct MI450 Series GPUs. According to reports from the conference, this deployment represents one of the largest commitments to AMD’s data center technology in the competitive artificial intelligence infrastructure market.
Oracle is partnering with VoltaGrid to deploy 2.3 GW of modular natural gas generation across Texas data center sites. The collaboration aims to address AI workloads’ unique power demands with fast-response generation that requires zero battery storage.
Texas-based power specialist VoltaGrid will deploy 2,300 MW of modular, ultra-low-emissions natural gas generation to support Oracle Cloud Infrastructure’s artificial intelligence data centers across Texas, according to reports announced October 15. The collaboration combines VoltaGrid’s proprietary modular power platform with firm natural gas supplied by Energy Transfer’s 140,000-mile pipeline and storage network to deliver dependable, on-demand generation for Oracle’s expanding AI infrastructure.
