Stock Movers Anglo American Deal Report; Dell Declines on CFO Departure; Oracle
Sep 9, 2025
Anglo American's shares soar on news of a significant potential acquisition of Teck Resources, marking a pivotal moment in mining. Meanwhile, Nebius enjoys a surge after securing a massive GPU infrastructure contract with Microsoft worth up to $19.4 billion. On the flip side, Dell's stock takes a hit following the surprise resignation of its CFO, raising investor concerns. Oracle is also in the news as it considers cutting cash raises and bonuses to finance AI data center investments, potentially sparking changes in employee compensation.
AI Snips
Chapters
Transcript
Episode notes
Major Mining Megamerger Emerges
- Anglo-American agreed to acquire Teck Resources, creating one of the biggest mining deals in over a decade.
- The combined firm, Anglo Tech, would boost copper access crucial for batteries and the energy transition.
Small Provider, Huge AI Contract
- Nebius signed a five-year AI cloud deal with Microsoft to supply GPU capacity from a new New Jersey data center.
- The deal value can reach about $19 billion and deliveries start later this year.
CFO Exit Spurs Market Jitters
- Dell's CFO Yvonne McGill resigned after two years, prompting investor concern ahead of a key analyst meeting.
- Dell clarified the departure wasn't tied to financial reporting and reaffirmed full-year guidance.