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Oracle Raises $90 Billion Revenue Target as AI Boom Sends Stock Higher

Step 1: Launch rocket. Step 2: Go public. Step 3: Beat SpaceX?

The August consumer price index, out at 8:30 a.m. ET, is the last hope to avoid a Federal Reserve rate hike next week, but the chances appear to be fading with oil prices holding near $100 a barrel. It may take a tepid reading for core CPI inflation to keep the Fed on hold after Thursday's producer price index showed a jump in hospital prices. S&P 500 futures pointed solidly higher early Friday amid a positive reception for Oracle earnings and oil's pullback from above $100 on news that Iran's foreign minister will meeting with Gulf state counterparts to discuss the path to reopening the Strait of Hormuz.

Stock Market Today: The Dow Jones index rises Friday ahead of imminent CPI inflation report. Oracle stock jumps on earnings.

Box Inc. CEO Aaron Levie said artificial intelligence (AI) could become significantly more capable before its economic impact is fully reflected in GDP, as businesses face hurdles in deploying the technology, and its “diffusion” will take time. AI Adoption Faces...

US equity markets were tracking in the green before the opening bell Friday as traders brace for a k

Markets are bracing for Friday's CPI data after a brutal week of selling across stocks, bonds, and crypto, and Wall Street analysts are already reshuffling their ratings on names like Dell, Shopify, Novo Nordisk, and Fortinet before the dust settles.

Since 2008, Vertex Pharmaceuticals, Inc. (VRTX) shares have received 42 outlier institutional inflow signals and gained over 1,682%.

US equity futures were edging higher pre-bell Friday as traders awaited the second of two key inflat

Stock markets rebound ahead of the CPI inflation report, diesel prices soar, and more news to start your day.

Looking to launch a popular product craved around the world? Don't count on luck. It takes thoughtful focus of your time and resources.

Crude prices retreated from a sharp weekly surge tied to Middle East tensions, while the 10-year Treasury yield backed away from 5%

Investing.com - U.S. stock index futures rebounded on Friday as oil prices cooled and investors looked to the latest consumer inflation data for signs that could help markets recover from a difficult week.

The software company posted record quarterly revenue of $6.76 billion and beat analyst estimates, but its stock fell after hours

Polymarket named Warren Jenson as its first companywide CFO, who joins at a pivotal time as the company looks to expand its market share. Jenson has a long track record in finance and previously served as finance chief of Amazon, Electronic Arts, Delta Air Lines and NBC during the ’90s and early 2000s, my colleague Katherine Hamilton reports. Most recently, he was CFO at Nielsen, which he left in January 2025.

By Rashika Singh Sept 10 (Reuters) - Wall Street banks Goldman Sachs and Citigroup, alongside Barclays, expect the European Central Bank to raise interest rates further after Thursday's hawkish policy

LightPath Technologies Inc (LPTH) closed fiscal 2026 with record Q4 revenue of $21.2 million, a $110.9 million backlog and its fourth straight quarter of positive adjusted EBITDA.

Adobe (ADBE) shares fell early Friday after the software maker provided a fiscal fourth-quarter reve

Oracle (NYSE:ORCL) reported fiscal first-quarter 2027 revenue and adjusted earnings above analyst estimates and raised its full-year adjusted earnings guidance. Shares rose about 7% in premarket trading on Friday.

Former OpenAI executive Fidji Simo has joined the board of directors at Nscale, a startup that has raised billions to build data centers for AI.

Adobe Inc. (NASDAQ:ADBE) reported third-quarter earnings and revenue above analyst estimates and raised its fiscal 2026 guidance, while its fourth-quarter revenue forecast came in slightly below consensus.

Investing.com -- In a note Friday, Citi cautioned that its year-end target for the S&P 500 now looks stretched, as rising oil prices and higher bond yields cloud the outlook for U.S. equities.

ORCL stock saw a two-day slide ahead of its earnings amid broader market weakness.

Stock futures pointed to a higher open Friday ahead of an important Consumer Price Index reading—although major indexes were poised to close lower for the week—as oil prices and Treasury yields declined.

📣 ​“Anyone that's been in the business of doing construction or large-scale infrastructure development, if their plan relies on 100% achievement of every one of their deliverables, we have a term for that.

Would a rose by any other name be as profitable? Research by quantitative analyst Alexander Hübbert shows that companies with a name change not related to a deal underperformed similar ones by more than 5 percentage points on average in the following year. Altria formerly Philip Morris, is a happy example.

Sept 11 (Reuters) - U.S. stock index futures bounced back as oil prices cooled on Friday and investors pinned their hopes on the consumer inflation report to end a rough week on a positive note.

The French drugmaker is considering building a U.S. production site, joining other European companies looking across the pond when planning new investments.

A crucial day for inflation and the U.S. economy is off to a bad start. Diesel prices have hit $6 a gallon for the first time in history and Brent crude oil prices are trading at around $105 a barrel—though they have fallen back from earlier highs of close to $110. Consumer price index data for August, due to be released at 8.30 a.m. Eastern time, will be closely watched by investors and by Federal Reserve officials.

Cars can be packed with scented trees and vent clips, making for an “aggressively fresh” ride. Efforts to get drivers to tone it down haven’t worked.