BI Weekend: Oracle's Money Making Moves, America's Hot Garbage Problem
Bloomberg Intelligence
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Tesla's Struggles and Oracle's Growth
This chapter analyzes Tesla's recent financial difficulties following a notable decline in vehicle deliveries, as challenges such as product saturation and consumer disinterest come to light. It also highlights Oracle's substantial new cloud deal, which promises significant annual revenue and showcases its competitive positioning in the tech industry, especially with the rising demand for AI services. The chapter concludes with a discussion on Apple's potential partnerships in AI to bolster its Siri technology, amid concerns over its investment in digital advancements.
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