Oracle's stock took a big hit recently. It dropped the most since January. Why? The company is spending a lot on AI and data centers. This spending is growing fast. But it's not turning into cloud profits as quickly as investors hoped. In the last quarter, Oracle spent about $12 billion on capital
Wall Street is on the brink of achieving new highs, despite some setbacks. The S&P 500 is inching closer to its record high set in October, while the Dow Jones Industrial Average has surged by 664 points, or 1. 4%. However, the Nasdaq composite has taken a slight dip of 0. 2%, largely due to worries
TE Connectivity is making waves in the tech world, and it's all thanks to two big things: artificial intelligence (AI) and energy. This company is known for making the parts that connect and protect the flow of power and data in everything from cars to factories. Now, it's seeing a boost in its stoc
BNB, the digital currency tied to the BNB Chain, saw its value drop by more than 2. 7% in a single day, landing at $865. This happened after the Federal Reserve made a small change to interest rates. While other investments like gold and stocks went up, cryptocurrencies took a hit, with the overall
Howard Marks, a big name in finance, thinks the Federal Reserve might be messing with interest rates too much. He reckons that when the Fed plays around with rates, people start taking bigger risks with their money. Right now, he doesn't see why rates need to go much lower. In a chat with Bloomberg
Jay-Z is at it again, this time with a huge investment in South Korea's entertainment and lifestyle scene. His company, Marcy Venture Partners, just announced a $500 million fund to back up-and-coming Korean brands. This isn't just a small investment; it's a big move into a market that's been blowin
Disney has just made a big move by investing $1 billion in OpenAI. This isn't just any investment. It's a deal that lets OpenAI use Disney's famous characters in its new AI video tool called Sora. For the next three years, people can use Sora to create short videos featuring over 200 characters from
WhatsApp is more than just a messaging app for the ultra-wealthy. It's a powerful tool for networking, deal-making, and even finding top-tier professionals. For these elite groups, WhatsApp offers privacy and convenience that other platforms can't match. Imagine having access to a network of nearly
Apple's latest AirPods Pro 3 are now available at a new record low price of $199, making them a tempting option for tech enthusiasts. This price drop comes as a pleasant surprise, especially for those who missed out on the Black Friday deals. The AirPods Pro 3, released in September, offer significa
In Syria today, life is far from peaceful. The country has seen a big change. A new government is in power, and it's not friendly to everyone. Minorities like Christians, Kurds, and Alawites are scared. They say the old government, led by Assad, was strict but fair. It didn't target them because of
