Safra A. Catz, CEO of Oracle, on Oct. 7, 2024. Marco Bello | Reuters Oracle shares closed down 6% on Thursday, a day after the stock closed at a record high, following an analyst note expressing concern that most of the company’s upcoming growth is coming from a single client: OpenAI. The software vendor has […]
Oracle shares retreat 6% after sharpest rally in more than 30 years Read More »
Signage at the Warner Bros. Discovery headquarters in New York, US, on Thursday, June 12, 2025. Victor J. Blue | Bloomberg | Getty Images Warner Bros. Discovery shares soared more than 25% Thursday afternoon on a report from the The Wall Street Journal that the recently merged Paramount Skydance was preparing a takeover bid. Shares
Some of America’s top financial services executives are starting to issue warnings about the economy. Saying they’re seeing signs of “softening” or “weakening,” a slew of CEOs have been weighing in ahead of next week’s Federal Reserve decision and with the U.S. Bureau of Labor Statistics revising job numbers lower this week. In a Wednesday
Financial CEOs are weighing in on the state of the economy Read More »
07 July 2025, USA, New York: A street sign reading “Wall Street” hangs on a post in front of the New York Stock Exchange in Manhattan’s financial district. Photo: Sven Hoppe/dpa (Photo by Sven Hoppe/picture alliance via Getty Images) Picture Alliance | Picture Alliance | Getty Images A version of this article first appeared in
Family offices double down on stocks and dial back on private equity Read More »
An Air India Boeing 787-8 Dreamliner. Sopa Images | Lightrocket | Getty Images LONG BEACH, Calif. — Air India CEO Campbell Wilson said the carrier has embraced a “new normal” and a stepped-up safety focus following the crash of one of its planes in June, the deadliest aviation disaster in a decade. All but one
Air India CEO says carrier embracing ‘new normal’ of safety focus after deadly crash Read More »
Oracle Corp Chief Executive Larry Ellison during a launch event at the company’s headquarters in Redwood Shores, California June 10, 2014. Noah Berger | Reuters Oracle‘s massive growth trajectory for cloud infrastructure is lifting all boats. The cloud giant forecasted skyrocketing sales to $114 billion in the company’s fiscal 2029, signalling demand for artificial intelligence
Nvidia, Broadcom, TSMC, other AI names rally on Oracle’s massive growth projections Read More »
Oracle co-founder, CTO and Executive Chairman Larry Ellison (C), U.S. President Donald Trump, OpenAI CEO Sam Altman (R), and SoftBank CEO Masayoshi Son (2nd-R), share a laugh as Ellison uses a stool to stand on as he speaks during a news conference in the Roosevelt Room of the White House on January 21, 2025 in
Larry Ellison is $110 billion richer after blowout Oracle earnings report Read More »
Potbelly Sandwich Shop on October 3, 2015 in Louisville, Kentucky. Raymond Boyd Sandwich shop chain Potbelly will be acquired by convenience-store operator RaceTrac in a $566 million all-cash deal, the company announced Wednesday. The deal is expected to close in the fourth quarter of the year. Shares of Potbelly shot up more than 30% following
Potbelly acquired by convenience-store operator RaceTrac for $566 million Read More »
An Embraer SA E190-E2 passenger aircraft stands on display on day two of the Farnborough International Airshow (FIA) 2018 in Farnborough, U.K., on Tuesday, July 17, 2018. Bloomberg | Bloomberg | Getty Images Brazilian airplane maker Embraer has landed its first U.S. sale of its efficient but slow-selling E2 jets with a 50-plane deal from
Fintech company Pipe is partnering with Uber in a new effort to help small businesses acquire loans with fewer barriers to access, CNBC has learned. Pipe is teaming up with Uber Eats to add its embedded technology to the company’s restaurant manager app. Eligible restaurants will see pre-approved capital offers from Pipe that are customized
Uber partners with fintech firm Pipe to offer loans to small businesses Read More »
