Oracle (NYSE: ORCL) crashed as much as 14% on Thursday morning after the legacy technology company raised its guidance for AI spending, even as revenue fell short of expectations in…
Category:
Ideas
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Bitcoin price has surged back to the $90,000 zone, but traders warn that a mix of stretched long positions, brittle macro catalysts, and mixed ETF flows could turn today’s rally…
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Investors often attribute moderating growth at Adobe Inc. (NASDAQ: ADBE) to the absence of an aggressive artificial intelligence (AI) strategy. In fact, they’ve punished it this year for not spending…
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Vietnam’s National Assembly, on Thursday, took a significant step towards bolstering its nascent domestic rare earth processing sector by approving a revised law. This new legislation imposes stricter controls on…
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While current price charts indicate deteriorated optimism in crypto, the December 10 session confirmed staggering institutional appetite. Notably, investors poured substantial funds into all leading crypto ETFs on Wednesday. Bitcoin,…
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SoftBank Group shares fell sharply on Thursday after Oracle’s weaker-than-expected quarterly results renewed worries about how long it will take for massive investments in artificial intelligence infrastructure to translate into…
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JPMorgan Chase is preparing another expansion step in India, setting the stage for a fresh phase of growth in a country that has become a priority for global financial institutions.…
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Oracle shares dropped 11% in premarket trading on Thursday, extending the previous session’s losses after the company reported quarterly results that underscored both the promise and the pressure of its…
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Dow futures declined over 100 points on Thursday as Oracle’s results reignited fears about high-flying tech stocks. The futures tied to other Wall Street indices like the S&P 500 and…
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Drax Group announced on Thursday that it is considering converting a section of its Yorkshire power station in northern England into a data centre as early as 2027. The project…