Cloud computing giant Oracle Corp is on the cusp of a junk-grade credit rating and its shares have tanked as the artificial intelligence hyperscaler becomes the fall guy of investors' concerns over the sector's debt-fuelled spending binge. The U.S. multinational is an outlier among top software firms racing to buy chips and build computing power to leapfrog the AI boom, forced by its limited cash reserves to borrow heavily and undertake massive long-term leases. The extent of the splurge came to light in June, when Oracle's results for the fiscal year ending in May 2026 showed its free cash flows were negative, the bulk of its revenue was spent on capital expenditure and it had signed roughly $260 billion of data centre leases, some starting next year.
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Roblox (RBLX) stock fell hard over the past year, but its user base kept growing, and plenty of investors were willing to wait for a turnaround. That patience ran out on July 31. Roblox reported second-quarter results, then told the market something concerning. The company expects its ...
The state's attorney general filed the federal antitrust lawsuit Tuesday, accusing Amazon of holding down pay for drivers in its Delivery Service Partner program
Flag Ship Acquisition (NASDAQ:ETHZ) executives, speaking during a Forum Markets presentation hosted by Force Family Office, outlined a strategy centered on acquiring cash-generating real-world assets while maintaining the option to fractionalize and tokenize those assets as the market develops. Joh
Powell Industries (NASDAQ:POWL) reported record third-quarter order bookings and a backlog that surpassed $2 billion for the first time in its 79-year history, as demand remained strong across data centers, electric utilities, LNG and other industrial markets. For the fiscal third quarter ended Jun
The Danish drugmaker said annual sales and operating profit should fall less than it previously expected following a boost in the second quarter.
FTI tops Q2 earnings and revenue estimates as Subsea strength lifts margins and sales, while reaffirming full-year 2026 guidance and shareholder returns.
Caterpillar Inc. surged after the company crushed Wall Street's second-quarter expectations and raised its sales outlook, easing concerns that demand for power-generation equipment used in data centers was beginning to cool. Bloomberg's Chris Ciolino joins to discuss.
📣 "I believe this fight is not really about market share...The issue is whether I can be trusted as a steward of Warner’s CNN...When it comes to our news operations, I do not aspire to lead these companies to bend their newsrooms to my views.
(Bloomberg) -- With Apple Inc. gearing up for its biggest product launch of the year, the company is opening a lottery for US retail employees who want to help staff the in-person unveiling.Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersTaco Bell Met With Michigan on Parasite Weeks Before RecallQatar, US Signal Progress on Hormuz-Focused Iran DealApple’s New CEO Taps Retired Hardware Executive for Ma
(Bloomberg) -- Chipotle Mexican Grill Inc. removed jalapeños from multiple stores in Minnesota after learning the peppers may be linked to a salmonella outbreak in the state that’s sickened 110 people.Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersTaco Bell Met With Michigan on Parasite Weeks Before RecallApple’s New CEO Taps Retired Hardware Executive for Management TeamQatar, Bessent Signal Progres
SpaceX revenue growth is seen ramping up, but capex too. Elon Musk may detail Falcon 9, Starship and Tesla plans.
The consumer-goods giant will buy Thorne to bolster its presence in the beauty and wellness industry.
GRAB's second-quarter 2026 revenues benefit from growth across its On-Demand and Financial Services segments.
Moby summary of Superior Group of Companies, Inc.'s Q2 2026 earnings call
Moby summary of Millrose Properties, Inc.'s Q2 2026 earnings call
Data-center developers’ demand for generators is booming, and Caterpillar is racing to meet it. The construction equipment maker said Tuesday it converted an existing plant in Wamego, Kan., to make turbine engines popular with data centers. Caterpillar also is resuming production of 10-megawatt generators, last made in 2022, and which the company expects to begin shipping in the fourth quarter.
Bond yields remain elevated as the investors digest the Fed's policy moves.
Palantir Technologies jumped after the company boosted full-year revenue and income forecasts and described commercial demand for its data analytics tools as "otherworldly." Bloomberg's Mandeep Singh joins to discuss this as well as how Anthropic has struck a deal for computing capacity from Volta Infra Holdings Ltd., a months-old infrastructure startup, to keep pace with demand for its products.
Commerce.com heads into Q2 with AI shopping, payments and enterprise gains in focus, even as guidance signals softer sequential revenues and profit.
Fuelled by blockbusters such as Eliquis, Pfizer is cementing its post-Covid revenue legacy.
Disney’s next quarterly results are expected to be released Wednesday morning, with traders expecting a big move from the entertainment giant’s stock.
Find insight on Johnson Matthey, Aluminum Corp. of China, Fortescue and more in the latest Market Talks covering basic materials..
Abundant natural gas, lots of land and a supportive political environment were all reasons why data centers had been flocking to Texas. On Monday afternoon, Texas Governor Greg Abbott directed the state’s grid operator and utility regulator to conduct a “comprehensive verification and audit” of all data centers asking for interconnection, and said no additional data centers can be approved until that process is completed. This puts a pause on a new process—named Batch Zero—that Texas greenlighted in June to fast-track interconnection requests from data centers.
Palantir's stock has exploded in the past two years, powered by AI tools integrated into the company's data platforms.
Aug 4 (Reuters) - The Trump administration is preparing to set a price floor and impose tariffs on polysilicon and related products, according to four people familiar with the plan, putting a material
For most of this year, investors have obsessed over one question: when will the Federal Reserve finally begin cutting interest rates? Every inflation report, jobs release, and manufacturing survey has been dissected for clues. That scrutiny has only intensified since Federal Reserve Chair Kevin Warsh has made it clear the central bank intends to offer ... This Indicator Hasn’t Been This High in 4 Years. It Means the Fed Could Raise Rates in 2026