18+ hour, 23+ min ago   (929+ words) Oracle (ORCL) has been a goliath in enterprise technology for decades. Lately, Oracle Cloud Infrastructure (OCI) has emerged as the primary growth engine because of the AI boom. Oracle just delivered a very solid quarter. Cloud infrastructure revenue grew 121% year…...

4+ day, 20+ hour ago   (541+ words) Adobe is at a crossroads as artificial intelligence reshapes the landscape of its business. Will AI's threat to traditional creative tools continue to weigh on the stock, or can Adobe make up some of the ground with its Firefly generative…...

4+ day, 12+ hour ago   (775+ words) Billionaire hedge fund manager Bill Ackman has long gambled on Alphabet, as artificial intelligence has grown Google's cloud business and helped lift its stock. Then he went away. Pershing Square's latest regulatory filing shows the billionaire investor sold both Alphabet…...

1+ week, 2+ day ago   (807+ words) Open-source AI platform Hugging Face is in the news for the second time in as many weeks. But this time, it's good news. Last week, it was because OpenAI released new details about the security incident in which OpenAI's agentic…...

1+ week, 2+ day ago   (908+ words) Nvidia (NASDAQ:NVDA) reported its fiscal second-quarter results on Aug. 26, and the figures were extraordinary. Quarterly revenue rose 106% year over year to $96.2 billion, accelerating from the 85% growth recorded in the fiscal first quarter. Data center revenue rose 117% to $89.0 billion. But…...

1+ week, 4+ day ago   (363+ words) At the beginning of every month, I look back to see how various asset classes performed during the previous month, which were the laggards and which were the leaders. This exercise helps me get a sense of where the market…...

2+ week, 3+ day ago   (613+ words) On the surface, this changes nothing for the food company, as it left shareholders with one-thirtieth of the number of shares, but increased the value of each new share by 30-fold. Neither the market cap of Beyond Meat nor the…...

2+ week, 3+ day ago   (684+ words) The Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditures (PCE) price index, rose a seasonally adjusted 0.2% in July and was up 3.7% year over year. Both numbers came in at 0.1% above economists' expectations. Core PCE, which excludes more volatile food…...

2+ week, 4+ day ago   (665+ words) With primary season drawing to a close, the midterm elections are heating up in earnest. And one big issue has emerged as a flashpoint in races for government offices across the country: data centers. According to reporting from Politico, politicians…...

2+ week, 4+ day ago   (913+ words) SpaceX CEO Elon Musk has never been shy about ambitious timelines, and his latest involves putting AI data centers in orbit. He offered the most specific schedule yet for exactly when that plan starts becoming real. The update landed just…...