Analyst Recommends Buying Oracle Stock Amidst Pullback and Upgraded Entry Point
Evercore analysts have changed their rating on Oracle's stock to a buy, citing a recent pullback in the stock price as a compelling buying opportunity.
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"AI Startup Runway Raises $100M and Expands into Video Editing with iOS App"
Generative AI startup Runway has raised at least $100 million in a Series D funding round from a cloud service provider, tripling its valuation to $1.5 billion from its last round just five months ago. Runway's AI models power image and video editing and generation tools that allow creators to generate full videos from text prompts. The latest funding round diverges from conventional tech fundraising efforts by raising capital from a cloud service provider rather than a traditional venture capital firm, a strategy becoming more popular for AI startups to gain access to cloud computing resources.