General Mills Rises, Oracle Falls, Nvidia Drops on News of OpenAI, Amazon Talks
Stock Movers17 Joulu 2025

General Mills Rises, Oracle Falls, Nvidia Drops on News of OpenAI, Amazon Talks

On this episode of Stock Movers:
- General Mills (GLS) shares rise after chief executive Jeff Harmening said consumers are buying food on sale due to economic pressures. The company has lowered prices across roughly two-thirds of its North American retail business to boost sales.
- Oracle (ORCL) shares fall after the company said final negotiations on an equity deal for a data center project in Michigan are “on schedule” and doesn’t include Blue Owl Capital, a firm that has helped finance massive data center projects for firms including Oracle and Meta Platforms Inc. in recent months.
- Nvidia (NVDA) shares drop after news that OpenAI is in initial discussions to raise at least $10 billion from Amazon.com Inc. and use its chips, a potential win for the online retailer’s effort to broaden its AI industry presence and compete with Nvidia.

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