Larry Ellison Was Once the World’s Richest Man. Now Oracle Is Down Over 50% While He Bankrolls His Son’s Fight to Control a $110 Billion Media Empire Quick Read - Oracle (ORCL) has shed 57% since September, halving the value of shares backing Ellison's $40.4 billion guaran
‘A Huge and Risky Financial Maneuver’: Experts Push Back on BlackRock CEO’s $1.5 Trillion Social Security Plan Quick Read - Social Security's trust funds earned just 2.6% in 2025 while the S&P 500 returned 16%, exposing a structural gap rooted in law. - Larry Fink endorses a...</
New CEO John Brase targets profitability after adjusted EPS of $0.47 misses prior-year $0.56 on flat sales. Conagra Brands reported fourth-quarter organic net sales of $2.7 billion, unchanged from the prior year, as a 1.6% price-mix gain offset a 1.6% volume decline. Adjus
The asset manager reported 31% revenue growth and $192 billion in net inflows for the quarter, driving assets under management to $15.3 trillion. BlackRock reported second-quarter revenue of $7.1 billion, a 31% increase from a year earlier, driven by broad-based client inf
DTCC Launches Tokenization Pilot for Microsoft, QQQ Shares and U.S. Treasuries According to The Wall Street Journal, DTCC has launched a securities tokenization pilot with nearly 40 financial firms and technology providers, testing the tokenization of stocks and U.S <p
M&T Bank reported second-quarter net income of $818 million, or $5.32 in diluted earnings per common share, on Wednesday, the highest earnings per share in the company's history, the company said. That compared with net income of $716 million, or $4.24 per diluted share, i
Typically, when a company releases preliminary financial results before its official earnings release date, it's not to brag. It's because it wants to cushion the looming blow for investors And that's exactly what IBM (NYSE: IBM) did on Tuesday, releasing preliminar
The bank reported $917 million in gross loans at quarter-end, reflecting 8.38% annualized growth amid broad-based demand. 1ST Summit Bancorp reported second-quarter GAAP earnings per share of $1.18 on revenue of $11.53 million. The results align with the bank’s ongoing exp
Warren Buffett was critical of a stock market that he said is increasingly driven by speculative trading, as opposed to investing for the long term. "It's tough to find values when everybody is preferring gambling," Buffett told CNBC's Becky Quick. The chairman of Berkshir
American Express raises annual fee for its Platinum card to $895, marking the first hike since 2021 and boosting recurring revenue. American Express increased its Platinum card annual fee to $895 from $695, a 29% jump. The move marks the first fee hike since 2021, when the
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