Finance News — Page 239

Oracle Q4 Beats Estimates, Software Slides, Debt Up

Oracle posted a mixed Q4, beating earnings and revenue expectations while its software segment fell short and debt surged as the company ramps up AI‑cloud spending.

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

The Hill · 4mo ago

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

Analysis: Trump said he loves inflation. Why that should be music to Kevin Warsh's ears

President Trump declared 'I love the inflation' hours after the May CPI hit a three-year high of 4.2%, signaling new Federal Reserve Chair Kevin Warsh won't face the same pressure to cut rates that de

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

Globe and Mail Business · 4mo ago

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

CoinDesk · 4mo ago

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

Decrypt · 4mo ago

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.

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

Globe and Mail Business · 4mo ago

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

Cracker Barrel Shares Surge 33% on Earnings Upgrade

Cracker Barrel’s stock exploded after a surprise profit and an analyst upgrade, sparking a short‑squeeze and driving shares up more than 30% in a single trading day, reviving investor interest.

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