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Oracle shares slide as hefty AI spending, debt plans spook investors
Reuters75d agoneutral
Oracle shares slide as hefty AI spending, debt plans spook investors

Oracle shares tumbled 12% on Thursday as surging spending and a ballooning debt load fanned investor concerns about the cash burn in ‌the company's push to build out AI infrastructure. A smaller player in ​the cloud-computing industry for a long time, Oracle has in recent months seized massive data-center deals with OpenAI and Meta to compete more forcefully with rivals, such as Amazon and Microsoft. But Oracle lacks the large cash flows that have primarily funded the tech giants' outlays, forcing it to burn cash and sell debt instruments ‌at a time its traditional software ⁠business is under pressure from the very AI tools it plans to support through its cloud.

WuXi AppTec files complaint against US DoD for linking it to Chinese military
Reuters75d agoneutral
WuXi AppTec files complaint against US DoD for linking it to Chinese military

WuXi AppTec said on Thursday it has filed a complaint at ‌a U.S. district court against the ‌Department of Defense for including the company in a ​list linked to the Chinese military. The drug developer is part of a list of Chinese companies that includes Alibaba, internet search provider Baidu, ‌and automakers BYD ⁠and NIO, which the United States believes are aiding Beijing's military. The list ⁠released on Monday includes a broad swathe of China's top technology firms key to advancing ​Beijing's military ​and industrial prowess, ​reflecting Washington's security concerns ‌amid intense geopolitical competition between the countries.

How Navan gained market share and climbed back to its IPO price
Yahoo Finance Video75d agoneutralVIDEO
How Navan gained market share and climbed back to its IPO price

Yahoo Finance Executive Editor Brian Sozzi welcomes Navan (NAVN) CEO Ariel Cohen to discuss the company's earnings beat and increased full-year guidance. Cohen also details Navan's partnership with Google (GOOG, GOOGL) Gemini and how the AI-powered collaboration is helping users streamline and personalize the travel booking experience.

J.P. Morgan names stock sectors primed for serious growth
TheStreet75d agoneutral
J.P. Morgan names stock sectors primed for serious growth

The era of relying on a narrow group of market leaders may be coming under pressure. As earnings growth begins to spread across a wider range of companies, investors face a critical question: where will corporate profits grow fastest over the next year? J.P. Morgan Private Bank believes it has ...

Reuters75d agoneutral
AI robotics company Theker raises $85 million from investors including LVMH

Theker, a Barcelona-based AI robotics ‌company, has raised $85 million ‌in a fundraising round, it ​said on Thursday, highlighting ongoing growth in the Spanish tech sector. Theker says ‌it ⁠develops robots which use AI to perform ⁠various tasks in industrial environments. The fundraising round ​was led ​by ​venture capital firm ‌CRV, while other companies involved included Samsung and luxury goods company LVMH.

Investing.com75d agoneutral
These 2 things are key for Meta stock re-rating: BofA

Investing.com -- Meta Platforms shares could be poised for a re-rating if the company demonstrates progress in artificial intelligence development and successfully monetizes its growing AI product portfolio, according to Bank of America.

A Dramatic Fed Pivot Just Unlocked a New Era of Growth for UPS
24/7 Wall St.75d agoneutral
A Dramatic Fed Pivot Just Unlocked a New Era of Growth for UPS

The Fed’s pivot to 3.75% has revived the bull case for cyclical income stocks, and United Parcel Service (NYSE:UPS) sits at the center of that narrative. With shares at $103.26 and a yield north of 6%, the question for retirees is simple: can UPS actually keep paying? The Dividend at a Glance Metric Value Annual ... A Dramatic Fed Pivot Just Unlocked a New Era of Growth for UPS

Sticky Inflation’s Worst Nightmare: Why Small Value Stocks Are Secretly Printing Money
24/7 Wall St.75d agoneutral
Sticky Inflation’s Worst Nightmare: Why Small Value Stocks Are Secretly Printing Money

Core inflation rate came in at 2.9% year-over-year yesterday. This stopped interest rate hike expectations from being anchored, and the 10-year Treasury closed last week near 4.6%. That backdrop is still supposed to be poison for stocks. Yet the Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) is up 20% year to date and 36% over ... Sticky Inflation’s Worst Nightmare: Why Small Value Stocks Are Secretly Printing Money

The Hedge Fund Manager Behind US Soccer’s Bid for World Cup Glory
Bloomberg75d agoneutral
The Hedge Fund Manager Behind US Soccer’s Bid for World Cup Glory

(Bloomberg) -- Scott Goodwin’s path to becoming a major donor to US Soccer began with an offhand text to friends in the summer of 2024. Now was the chance, he told them, to get a better men’s national team head coach before the 2026 World Cup.Most Read from BloombergXbox Plans Significant Layoffs as New CEO Plans OverhaulHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Strikes Iran in Trump Escalation Over Stalled Peace TalksOracle Falls Most in Six Months on Mounting Data Center

Vera Bradley Q1 Earnings Call Highlights
MarketBeat75d agoneutral
Vera Bradley Q1 Earnings Call Highlights

Vera Bradley (NASDAQ:VRA) reported a return to year-over-year revenue growth in the first quarter of fiscal 2027, with management pointing to improving product traction, tighter inventory control and lower expenses as signs that its turnaround plan is gaining momentum. Chairman and Chief Executive

Producer Price Inflation Hits 6.5%, But the Fed May Still Pause Rate Hikes — Here’s Why
24/7 Wall St.75d agoneutral
Producer Price Inflation Hits 6.5%, But the Fed May Still Pause Rate Hikes — Here’s Why

The inflation story just got another plot twist. Fresh data from the U.S. Bureau of Labor Statistics showed May producer price inflation (PPI) jumped 6.5% year over year, higher than expectations of 6.4% and marking the highest reading since November 2022. On the surface, that sounds like a flashing red warning sign for the Federal ... Producer Price Inflation Hits 6.5%, But the Fed May Still Pause Rate Hikes — Here’s Why

A look at the SpaceX IPO by the numbers
Associated Press75d agoneutral
A look at the SpaceX IPO by the numbers

Elon Musk is all about big numbers — millions, billions, even trillions – and there are plenty of them associated with SpaceX and Musk's plans to take the rocket maker public. The prospectus for the SpaceX stock debut shows spending at a massive scale — greater than the economic output of some countries — and about to grow much larger as Musk races to make good on his promise to hurl people to distant planets. Money to be raised in the initial public offering — estimated at $75 billion — will help finance those futuristic, fantastical plans.

CAT Stock Hikes Dividend 8%, Leads Dow Jones Rebound
Investor's Business Daily75d agoneutral
CAT Stock Hikes Dividend 8%, Leads Dow Jones Rebound

Caterpillar announced an 8% dividend hike after Wednesday's close, extending its streak of dividend increases to 32 years. CAT stock led Dow Jones Industrial Average winners early Thursday, rebounding from a key support level after suffering its sharpest loss since April 3, 2025, the day after President Donald Trump unveiled "Liberation Day" tariffs. Caterpillar is among 69 members of the S&P 500 that have increased dividends every year for the last 25 years.

Google in talks with Samsung to make part of next-gen chip, The Information reports
Reuters75d agoneutral
Google in talks with Samsung to make part of next-gen chip, The Information reports

Alphabet's Google is in talks with Samsung Electronics to manufacture part of its ‌next-generation chip, The Information reported on Thursday, citing ‌two people familiar with the matter. Google plans for Taiwan's TSMC to ​make the main part of the chip, codenamed 'Icefish,' while Samsung may produce a separate component that helps connect it to memory using its 2-nanometer production technology, the report ‌said. The chip industry has ⁠been grappling with a capacity crunch, as TSMC, the world's largest contract chipmaker, works ⁠to keep up with surging demand and avoid becoming a bottleneck in the global supply chain amid the AI ​boom.

Treasury Yields, Dollar Rise on War Rhetoric, U.S. Data
Barrons.com75d agoneutral
Treasury Yields, Dollar Rise on War Rhetoric, U.S. Data

Treasury yields and the dollar rise amid hotter-than-expected U.S. wholesale inflation and as President Trump renews military threats against Iran. May PPI was 1.1%, matching April's advance and beating WSJ consensus of 0.

Bloomberg75d agoneutral
DoorDash Built an AI Chatbot to Help With Orders, Reservations and Grocery Lists

(Bloomberg) -- DoorDash Inc. introduced an in-app artificial intelligence chatbot to help customers make restaurant and grocery orders, and suggested the technology could also be used to unlock new enterprise revenue streams.Most Read from BloombergXbox Plans Significant Layoffs as New CEO Plans OverhaulHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Strikes Iran in Trump Escalation Over Stalled Peace TalksOracle Falls Most in Six Months on Mounting Data Center CostsTech Stocks S

Bloomberg75d agoneutral
Amazon Says Its Data Centers Use 2.5 Billion Gallons of Water

(Bloomberg) -- Amazon.com Inc. said its data centers used 2.5 billion gallons of water worldwide last year, or about 5% of the amount metro Seattle consumes annually.Most Read from BloombergXbox Plans Significant Layoffs as New CEO Plans OverhaulHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Strikes Iran in Trump Escalation Over Stalled Peace TalksOracle Falls Most in Six Months on Mounting Data Center CostsTech Stocks Sink as Oil Jumps on US-Iran Jitters: Markets WrapThe world’

Prediction: Elon Musk Will Target 2 Trillion-Dollar Acquisitions After the SpaceX IPO
24/7 Wall St.75d agoneutral
Prediction: Elon Musk Will Target 2 Trillion-Dollar Acquisitions After the SpaceX IPO

The market is already treating tomorrow’s SpaceX IPO as one of the most important public offerings in decades. Investors are focused on valuation, demand, and whether the company can justify the excitement surrounding a business that spans launch services, Starlink internet, artificial intelligence, robotics, and advanced manufacturing. Yet the bigger story may be what happens ... Prediction: Elon Musk Will Target 2 Trillion-Dollar Acquisitions After the SpaceX IPO