
Banks increasingly need technology and customers more than they need branches.
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Banks increasingly need technology and customers more than they need branches.

US stock futures moved higher on Friday as investors awaited August consumer inflation data ahead of the Federal Reserve’s interest-rate decision next week. At 02:57 ET (06:57 GMT), Dow futures were up 232 points, or 0.
Oracle Corp (ORCL) posted record Q1 revenue of $19.3 billion, up 30% year-over-year, as cloud infrastructure jumped 121% and RPO climbed $26 billion on the back of massive AI demand.
Adobe Inc (ADBE) posted record Q3 revenue of $6.76 billion and raised full-year targets, even as net new ARR declined amid an intentional freemium shift.

Stock futures were rebounding in Friday’s premarket as the market awaits crunch inflation data at the end of what’s been a generally negative week. Investors are positioning carefully ahead of the August Consumer Price Index (CPI) report, scheduled for release at 8:30 a.m. Eastern time. Following Thursday's Producer Price Index (PPI) data—which showed wholesale inflation accelerating to 5.4% year over year due to soaring diesel prices, which hit another record in early trading, and surging energy costs—traders are looking for signs that core inflation is continuing its gradual cooling trend toward 2.4%.

The Federal Reserve’s preferred inflation measure was already announced three weeks ago.
(Updates with the stock move in the headline and the first paragraph.) Oracle (ORCL) shares were
Investors braced for inflation data that could solidify, or undercut, rising bets that the Federal Reserve will hike interest rates next week.
FedEx Duty and Tax, part of the carrier's new suite of global shipping tools, provides a cost guarantee at checkout and covers any overages to that amount.

Damodaran found that the S&P 500 moved about 0.5% when the 10-year yield changed by more than three basis points.

Vertiv recently announced a major acquisition that could help it capture a larger share of hyperscalers' growing capital expenditures.

Shares of Shanghai Enflame Technology more than doubled on their trading debut. But the real test for the Chinese company, along with three other so-called “little GPU tigers,” has yet to come.

U.S. stock futures are showing modest gains early Friday as investors brace for the critical August Consumer Price Index (CPI) report amid persistent inflation concerns, central bank pressure, and deepening maritime disruptions in the Middle East. The Polymarket (CRYPTO: POL)...

U.S. futures rose and oil prices fell despite intensifying clashes in the Middle East and ahead of what could become one of the most consequential reads on inflation in years. Yemen ’s Iranian-backed Houthi rebels captured a strategic island in the Bab el-Mandeb Strait at the entrance of the Red Sea, two officials said Friday in a swift advance that further threatens oil exports by Saudi Arabia through one of the world’s key commercial lanes. On Friday, the International Energy Agency reported that Saudi oil production fell to a three-decade low last month due to Houthi attacks on its energy facilities.
Joby Aviation has begun Texas air taxi tests amid ongoing Federal Aviation Administration certification efforts.
Elon Musk reckons he specialises in converting the impossible to the merely late. That neatly encapsulates Tesla and SpaceX’s pursuit of electric...

Jensen Huang rebuffed AI catastrophe warnings while highlighting massive infrastructure demand as key growth drivers.

Dell’s $95 billion AI server backlog is fueling the next leg of the stock’s rally.

Wall Street’s view of Meta is shifting as the company pushes deeper into artificial intelligence and looks for its next major source of growth.
Fourlis Holdings SA (STU:2FH) posted EUR284 million in H1 2026 revenue with sporting goods up 14.2%, while guiding to EUR15-17 million full-year EBIT amid EUR10.7 million in restructuring costs.

The August Producer Price Index from the U.S. Bureau of Labor Statistics showed a monthly expansion of 0.4%, lifting headline figures to an annual rate of 5.4%.

Ben Cowen warns Anthropic's IPO could siphon attention and capital away from Bitcoin's ongoing price rally.

The financial services company is moving well beyond just being a stock brokerage.

CORRECTIONS D-Wave Quantum headquarters is in Palo Alto, Calif. A Business News article on Wednesday about the U.S. government’s taking a minority equity stake in D-Wave and other companies incorrectly said D-Wave is based in British Columbia.

A risky type of trade that has exploded in popularity overseas this year is poised to become more mainstream in the U.S. Prediction markets platform Kalshi is planning to seek regulatory approval to start offering the country’s first regulated perpetual futures tied to single stocks including Tesla Apple and Nvidia according to people familiar with the matter. The contracts—known as perps—let traders bet around the clock and pile on leverage that amplifies their potential gains and losses, with the lack of expiration date further heightening the risks.

STOCKS 0015 GMT — Japanese stocks are lower as fears about the Iran war and rising energy costs have grown. Chip-related stocks are leading declines. Kioxia Holdings is down 5.7%, SoftBank Group is 4.

The company is taking steps to make the shopping experience more fun and convenient.

Moby summary of Alliance Entertainment Holding Corporation's Q4 2026 earnings call

McDonald’s and Burger King are boosting training to improve hospitality. “Our restaurants seem rushed, impersonal, sterile.”
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