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Oracle beats on earnings, but stock drops on plans to raise another $20 billion
Oracle topped Wall Street's Q4 earnings and revenue estimates while unveiling plans to raise an additional $20 billion in equity, sending shares down 10% in extended trading as investors weighed the s
Oracle to Raise $40B, Spend $95B on AI Buildout
Oracle revealed a $95 billion fiscal 2027 AI capex plan and $40 billion debt-and-equity raise, sending shares down 8.9% as investors fixated on the funding burden even as contracted backlog hit $638 b
Cramer warns short‑term speculators risk SpaceX IPO
Jim Cramer cautioned that the biggest threat to SpaceX's upcoming IPO is a flood of short‑term speculators, whose rapid flips could trigger significant potential volatility despite the deal’s four‑fol
Trump Says He 'Loves' 4.2% Inflation as Dow Drops 900
Inflation hit 4.2% in May — its highest level in three years — and President Trump responded by saying he "loves" the numbers, triggering a Democratic frenzy, a 900-point Dow drop, and Republican defe
Oracle Reports Record Q4 FY2026 Results, Stock Down 4%
Oracle announced record Q4 and FY 2026 results driven by cloud infrastructure and applications, but Forbes reported the stock fell 4% on what it called a 'disappointment,' reflecting a gap between the
Citigroup shares outperform down market after Trump endorsement
President Trump’s Truth Social praise for Citigroup sparked a brief rally, lifting the stock to $137.12 before it closed lower, while the bank’s actual M&A ranking sits at #5, contrasting with the pre
Oracle’s AI spending exceeds forecast, raising concerns over growing debt
Oracle announced its 2026 AI‑related capital spending surpassed $55.66 billion, prompting a $40 billion debt‑and‑equity raise for 2027, a $70 billion capex plan, and triggering an 8.9 % share decline
Dow Tumbles 900 Points as CPI Hits 4.2%
Stocks plunged on June 10 as a hotter-than-expected 4.2% inflation reading and war escalation fears drove a broad selloff, with the Dow tumbling nearly 900 points to a session low by the close.
BlackRock, Fidelity Squeeze Smaller Bitcoin ETFs
BlackRock and Fidelity now capture the lion's share of U.S. spot bitcoin ETF inflows, squeezing smaller competitors into irrelevance as institutional money concentrates around the two largest and most
Bitcoin Is Getting Closer to the Bottom, But Demand Is Falling: CryptoQuant
CryptoQuant says Bitcoin is approaching the ~$53,600 realized price that has marked past bear market bottoms, but the firm warns ETF outflows exceeding $4.8 billion and record demand destruction leave
Trump says ‘I love the inflation’ over seizure of oil
Former President Donald Trump praised rising inflation, claiming the United States’ seizure of Iranian oil is to blame, as the consumer price index climbed to its highest level in three years.
Trump: 'I love the inflation' after CPI hits 3-year
Trump told reporters in the Oval Office 'I love the inflation' after new CPI data showed annual inflation hit 4.2%, a three-year high. He attributed the level to secret U.S. military operations he sai
Cramer Calls May CPI 'Artificial Inflation' Amid Iran
Jim Cramer labeled May's elevated CPI as 'artificial inflation' driven by the Iran war's oil spike, arguing the core rate shows underlying price pressures are manageable and the market should pivot it
Apotex shares jump 12% in TSX debut of billion-dollar IPO
Apotex Health Corp.’s Toronto IPO surged, pricing shares at $24 and lifting its stock 12% on debut as the company secured a $1.3 billion raise and will use the proceeds to pay down debt, marking the b
CPI Jumps to 4.2% in May, Oil Shock & AI Costs
U.S. consumer prices surged to a 4.2% annual rate in May 2026, driven by soaring energy costs from the Iran war, tariff impacts, and AI‑fuelled electricity demand, while the Fed prepares its next poli
Tenev says Robinhood won underwriter approval as crypto markets front-run mega IPOs
Robinhood secured underwriter status for IPOs, while crypto platforms expand tokenized pre‑IPO products and onchain perpetuals, offering retail investors new ways to access mega‑IPOs such as SpaceX, a
Fold sells $45M Bitcoin, clears debt, stock up 162%
Fold Holdings sold $45 million of Bitcoin, used $20 million to retire all secured debt and allocated the remaining $25 million to growth, prompting its shares to surge over 160 % after the announcemen
Bitcoin trims losses after core CPI rises less than feared 0.2% in May
May CPI data showed headline inflation in line with forecasts at 0.5% month-over-month, while core CPI came in softer at 0.2% versus 0.3% expected, prompting Bitcoin to trim losses and trade around $6
Oracle Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call - Benzinga
Oracle is set to release its Q4 earnings, prompting top analysts to adjust forecasts as the market watches its AI‑related performance; the upcoming call, highlighted by outlets, underscores how AI tra
Zcash, Hyperliquid tokens lead losses as traders bet against a bitcoin bounce
Bitcoin slipped below $61,500 and its 200‑week moving average, sparking heightened bearish bets as Zcash and Hyperliquid fell over 10% and derivatives showed rising short pressure ahead of U.S. inflat
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