Squawk on the Street

Dow Hits Record High Despite Apple Pullback, Bracing for the Fed, Oracle's Ellison "Begged" Nvidia 9/16/24

Sep 16, 2024
Larry Ellison, the Chairman of Oracle and a notable figure in tech innovation, shares his insights on market dynamics and AI trends. He discusses the implications of the Federal Reserve's upcoming rate cut decisions and the pressure Apple faces with its iPhone 16 pre-orders. Ellison also reveals his surprising plea to Nvidia's CEO for essential AI chips, emphasizing the fierce competition in the tech sector. The conversation touches on Oracle's strong stock performance and strategic moves in the cloud market as AI demand surges.
Ask episode
Chapters
Transcript
Episode notes