Oracle (ORCL) cancels USD 7bln Tencent (700 HK) AI deal under Trump pressure, according to FT
Newsquawk Staff ·
Oracle (ORCL) cancels USD 7bln Tencent (700 HK) AI deal under Trump pressure, according to FT.
Sources
- Daily US Equity Opening News - NVDA board considers CEO ouster after fresh affair allegations; Hon Hai Q3 net profit beat; CRWV slides on USD 4bln financing report; CTVA down on guidance cut; PFE & BX agree USD 1.5bln obesity co-funding
- Newsquawk Daily European Equity Opening News - 12th November 2026
- US Senator Warren's office says the Trump administration must keep all documents and communications related to NVIDIA's (NVDA) exports of advanced AI chips to China
- Top Democrats target Trump administration's Nvidia (NVDA)-China records, with Senators Warren and Coons asking for documents to be preserved, which is often the initial step before formal congressional investigations, according to WSJ
- US President Trump's administration is aware that NVIDIA's (NVDA) board of directors is preparing to oust Nvidia CEO Jensen Huang, very soon, according to CBS reporter Jennifer Jacobs
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