Oracle’s Massive AI Bet Has Already Cost Larry Ellison $207 Billion. Analyst Warns the AI Bubble Is 17 Times Bigger Than the Dot-Com Bubble Quick Read - Oracle's stock has crashed over 55% from its September 2025 peak, erasing $494 billion in market value as fiscal
August 3 SpaceX's first earnings report since its record-breaking IPO will provide an early gauge of whether Starlink's profits can sustain the company's rapidly growing spending on AI and space ventures. Due after the market closes on Tuesday, the results will give SpaceX
Brent crude falls 5.7% to $83.77 as Iran talks ease supply concerns, lifting equity sentiment ahead of key earnings. U.S. stock index futures climbed early Monday as signs of easing Middle East tensions pushed Brent crude down 5.7% to $83.77 a barrel, reducing inflation fe
India’s largest carmaker reports a 10.8% year-on-year decline in net profit despite a 36% rise in net sales for the June quarter. Maruti Suzuki India posted a standalone net profit of $351.9m for the quarter ended June 30, down from $400.3m a year earlier. The decline occu
Stabilus reports a 4.5% year-over-year revenue decline but lifts adjusted EBIT margin to 10.8% on efficiency gains and industrial growth. Stabilus posted third-quarter revenue of nearly €300 million, down 4% to 4.5% from a year earlier, as weakness in China and automotive
Deal includes $95 per share plus debt and targets $150 million in annual synergies by 2029, enhancing U.S. electrification market presence. Prysmian will acquire Atkore for $3.8 billion, or $95 per share, plus debt, marking its expansion into electrical installation compon
A 66-year-old retiree leverages Montana’s 21% senior population to generate income without tapping his $180,000 IRA early. A retired Montana resident, 66, turned informal errands and rides into paid work after calculating his $180,000 IRA would not cover unexpected expense
Warren Buffett once said, "Diversification is protection against ignorance. It makes little sense if you know what you are doing." I suspect that one of his fellow billionaires might disagree Israel "Izzy" Englander runs Millennium Management. The hedge fund's portf
The 3-year deal with the Department of Veterans Affairs marks Salesforce's largest federal contract for AI-driven workflow modernization. Salesforce Inc. (CRM) secured a $1.6 billion contract with the Department of Veterans Affairs to deploy AI-powered workflow and service
National 30-year fixed mortgage rates climb to 6.65% while refinance rates hold at 6.57%, widening the spread to 8 basis points. National 30-year fixed mortgage rates increased to 6.65% on August 3, 2026, marking an 8-basis-point gap over refinance rates at 6.57%. The move
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