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Pentagon awards Oracle nearly $7 billion deal in latest software consolidation push
Reuters29d agoneutral
Pentagon awards Oracle nearly $7 billion deal in latest software consolidation push

WASHINGTON, July 23 () - The Pentagon announced on Thursday a nearly $7 billion, up-to-10-year agreement with Oracle ‌to consolidate the department's on-premises software licenses ‌into a single contract, the latest move by the Pentagon's technology ​chief to cut costs by eliminating fragmented purchasing. The Enterprise Software Agreement, negotiated by the Department of the Navy, is between the Pentagon and Oracle for its on-premises ‌compute usage.

Tesla record revenue masks cash burn, $1B SpaceX swing
TheStreet29d agoneutral
Tesla record revenue masks cash burn, $1B SpaceX swing

Every public company has a number it wants you to see and a number it hopes you scroll past. Earnings season is built on that tension. The revenue line is the easy one. It goes in the press release, it goes in the headline, and it goes in the first paragraph of most coverage. Bigger is better, and ...

Bloomberg29d agoneutral
US Sets New Forced-Labor Duties as Trump Resurrects Tariff Wall

(Bloomberg) -- The US will collect duties of at least 10% on imports from most major trading partners, its biggest move yet to reconstruct President Donald Trump’s tariff wall that was pierced by the Supreme Court.Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandAlphabet Falls as $205 Billion Spending Plan Fuels AI Cost FearTrump’s 100%

Investing.com29d agobullish
Deckers beats Q1 earnings, raises guidance—but shares dip 3.4%

Investing.com -- Deckers Brands (NYSE: DECK) topped $1 billion in first-quarter revenue for the first time in company history, beating Earnings Per Share (EPS) estimates and nudging its full-year profit guidance higher. Despite the record milestone, shares dipped 3.4% following the report as full-year revenue projections slightly trailed Wall Street expectations.

Bloomberg29d agoneutral
Goldman Offers Way to Trade AI Junk Bonds $250 Million at a Time

(Bloomberg) -- Goldman Sachs Group Inc. and JPMorgan Chase & Co. launched products this week allowing investors to quickly cut — or ramp up — exposure to tech industry debt, as concerns mount over hyperscalers’ huge future bond sales for artificial intelligence investments.Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandAlphabet Falls a