Oracle Corporation News
Elon Musk's Fortune Is Melting Away
The CEO of Tesla and Twitter has seen his fortune slump by $101 billion this year.
Big Change Looms Among the World's Billionaires
Elon Musk, CEO of Tesla, is the richest man in the world but he faces a serious and very threatening competitor.
The $200 Billion Billionaire Club Is Empty
Elon Musk, who recently was the only member of this club, was ejected following the fall in the market value of Tesla.
Another Tech Giant Is Slashing Thousands Of Jobs
Microsoft workers are writing about being laid off on Twitter.
Tech Billionaires Lost $386 Billion in 10 Months
The rout in financial markets since January has claimed a big casualty: tech billionaires.
Bezos Loses Title of World's Second Richest Man to Indian Billionaire
Amazon's founder and executive chairman was the world's richest man for several years before falling to second place.
Starbucks Stock Is Heating Up but Risks Going Cold
Starbucks has its investor day on Tuesday and is so far avoiding getting crushed in the market selloff. Can that momentum last?
Here's Oracle's Must-Hold Support Level After Mixed Earnings Report
Oracle stock is wavering following a mixed earnings report. Here's the level it has to hold going forward.
Stock Market Today - 9/13: Stocks Pummeled After August Inflation Shock; Big Rate Bets Surge
A faster-than-expected reading for August inflation, including a big jump in core prices, has investors rekindling bets on more jumbo rate hikes from the Federal Reserve.
Oracle Stock Holds Firm As Cerner Lifts Q1 Cloud Sales, Adds To Solid 2023 Outlook
"We continue to expect organic revenue growth in our cloud business will accelerate substantially," said CEO Safra Catz.
Breaking News
Fed Inflation Gauge Slowed Again in October, Supporting Dovish Powell
Further slowing in the Fed's preferred inflation gauge is adding heft to Chairman Jerome Powell's signals of smaller rate hikes.
Amazon Needs to Kill Alexa, Maybe Exit Echo Devices
The online retail giant had a plan to own your living room. It didn't work because AI-powered voice assistants don't work.
General Mills Tries a New Take on Lucky Charms
The new variant may be even more magically delicious.
Elon Musk's Latest Twitter Move Looks Like an Act of Desperation
Twitter is desperate for revenue. It has a $13 billion debt burden, but hasn’t showed a profit for eight of the last 10 years.