Oracle (ORCL) stock has fallen 26% this year as the company prepares fresh layoffs to offset a $55.7B AI infrastructure investment and $23.7B cash outflow.
Applied Materials (AMAT) reports Q3 earnings Thursday. Analysts forecast record $9B revenue, 37% EPS growth, and a potential 7% post-earnings stock move.
Stock markets rose after July CPI matched forecasts at 3.4%, with S&P 500 up 0.3% and Nasdaq gaining 0.7% as Fed rate hold bets increased.
Piper Sandler starts Unusual Machines (UMAC) at Overweight with $38 target, projecting revenue to reach $103.5M by 2027 on Pentagon drone demand.
Michael Burry criticizes Nvidia’s $500B AI financing with major asset managers, comparing the structure to risky pre-2008 financial engineering tactics.
TLDR RL1 launched as a Luxembourg cooperative with 10 founding financial institutions across European markets today. SWIAT will remain RL1’s core technology provider for…
TLDR Ondo Network separates execution, verification, and settlement to improve speed, privacy,…
TLDR AI Financial is negotiating a possible sale of Alt5 Sigma Canada…
TLDR Kiwoom Securities is reportedly discussing a third-party share allocation to buy…
Oracle (ORCL) stock has fallen 26% this year as the company prepares fresh layoffs to offset a $55.7B AI infrastructure investment and $23.7B cash outflow.
TLDR Anthropic agreed to a 20-year computing deal with Riot Platforms worth an expected $9.1 billion. Riot will provide 191 megawatts of computing capacity from its…
TLDR: Gwyneth Paltrow has sold her Brentwood mansion for $22 million, down from initial asking price of $29.99 million The…
TLDR Girin Card secures FinCEN MSB registration, strengthening its compliance framework for crypto payments and card operations. The card supports self-custody spending through XRP and RLUSD…
