Stock Market Update

[BRIEFING.COM] The S&P 500 (+0.7%), Nasdaq Composite (+1.3%), and DJIA (+0.1%) remain higher shortly after midday, with continued strength in technology and AI-related stocks helping the major averages extend their gains.

Oracle (ORCL 132.02, +5.96, +4.73%) continues to build on its solid gain today following a flurry of announcements highlighting the company's expanding role in AI infrastructure and enterprise applications. Among the most notable developments, Oracle announced an expanded partnership with OpenAI that will integrate ChatGPT, Codex, and OpenAI models across its enterprise applications and cloud infrastructure, allowing customers to incorporate AI capabilities into business workflows. Oracle also announced plans to offer Alphabet's (GOOG 318.31, +4.12, +1.31%) Tensor Processing Units through Oracle Cloud Infrastructure beginning in 2027, alongside an expanded partnership with Snowflake (SNOW 340.68, +5.73, +1.71%) and new cloud networking capabilities designed to support AI workloads.