Oracle Lays Off 30,000 and Nike Falls Flat Once Again

OpenAI announced a $122 billion capital raise and the market barely blinked. But this may indicate bigger challenges ahead for the AI giant. Then we discuss Nike’s disappointing earnings and why Oracle is laying off 30,000 employees. Travis Hoium, Lou Whiteman, and Rachel Warren discuss: - OpenAI’s $122 billion capital raise - Nike’s disappointment - Oracle lays off 30,000 Companies discussed: Alphabet (GOOG), Amazon (AMZN), Oracle (ORCL), Nike (NKE). Host: Travis Hoium Guests: Lou Whiteman, Rachel Warren Engineer: Dan Boyd …