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examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. U.S. stocks ended the week mixed as a weaker-than-expected September jobs report eased concerns about another Federal Reserve rate hike, helping technology shares rebound. The S&P 500 fell 0.3% for
Bitcoin (CRYPTO: BTC) punched through $80,000 on Friday, driving a rally in crypto equities even as broader markets stalled under rising bond yields. Kansas City Fed President Jeffrey Schmid delivered a hawkish signal, defending rate hikes against sticky, broad-based inflation above 3%. Bond yields spiked in response
examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. U.S. stocks ended the week lower despite a Friday rebound, as surging oil prices, rising Treasury yields and growing expectations for a Federal Reserve rate hike pressured equities. The S&P 500 fell
Oracle reported record first-quarter revenue of $19.3 billion, up 30% year over year, with cloud infrastructure revenue up 121% to $7.4 billion. The company also completed a $20 billion equity issuance and guided Q2 revenue growth of 30% to 34%.
Oracle will publish financial results on September 10, with investors watching revenue, backlog growth, free cash flow and debt after a prior quarter of 21% revenue growth to $19.2 billion.
U.S. stocks rose broadly after Fed Governor Christopher Waller signaled he could support leaving rates on hold this month, while traders pared September hike odds to about 50% from 70% earlier in the week.
Applied Materials reported third-quarter revenue of $9.12 billion and adjusted earnings of $3.50 per share, both above analyst estimates.
Oracle expands its long-term strategic collaboration with Amazon Web Services to accelerate customer migration to Oracle AI Database@AWS and launches Exadata Database Service on Exascale Infrastructure.
Oracle is reportedly planning another round of job cuts this month as it tries to rein in costs amid heavy AI infrastructure spending and rising debt.
Nebius Group NV faces contrasting views on its Q2 earnings with Goldman Sachs' $35.5 billion revenue forecast and Jim Cramer's 'sell' warning
ORCL some vol
Leopold Aschenbrenner turned a viral essay about artificial intelligence into Situational Awareness, a $20 billion hedge fund that returned 439% net through June. This week, after losses in the AI selloff, he was asking his investors and lenders for more cash. He also offered some of them the chance to buy assets strai
The major averages finished broadly higher as technology shares led gains ahead of a stretch of earnings from some of the market's largest companies. The focus this week is on corporate earnings, with Alphabet, Tesla, IBM and Intel all set to report in the coming days. Investors are looking for signs that spending on a
() -- US equity futures were mixed before the open Tuesday as traders await a key inflation report and quarterly earnings of some of Wall Street's largest banks. The S&P 500 edged down 0.1% and the Nasdaq added 0.4% in premarket activity, while the Dow Jones Industrial Average fell 0.4%. The three main indexes finished
examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. U.S. stocks finished the week on a strong note, with the Dow Jones Industrial Average climbing to fresh record highs as investors rotated into industrials and other value-oriented sectors. The S&P 5
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