Core Insights - Oracle reported an increase in remaining performance obligations for the second quarter, attributed to strong demand for its cloud infrastructure services as businesses accelerate their adoption of artificial intelligence [1] Group 1 - The growth in remaining performance obligations indicates a positive trend in Oracle's cloud service segment, reflecting robust market demand [1] - The company's focus on cloud infrastructure is aligned with broader industry trends towards digital transformation and AI integration [1]

Adobe forecast fiscal 2026 revenue above Wall Street expectations on Wednesday, signaling strong demand for the Photoshop maker's design tools and increasing monetization for its artificial intelligen... ...

Futures on the federal funds rate, which measure the cost of unsecured overnight loans between banks, raised the odds on Wednesday that the Federal Reserve will pause its easing cycle at the next policy meeting in January. ...

Bank of America CEO Brian Moynihan said on Wednesday he expects revenue from the bank's markets business to rise between a high single-digit percentage and 10% in the fourth quarter, while investment ... ...

JPMorgan Chase will give a special award of up to $1,000 to employees earning less than $80,000 a year globally, according to an internal memo seen by Reuters on Wednesday. ...

When the chairman of AI chip startup Rivos wanted Intel to bid for the company, he had no need to phone the chip giant. That's because the chairman of Rivos was also Intel's CEO: Lip-Bu Tan. ...

Core Insights - Blackstone, the world's largest alternative asset manager, continues to identify strong investment opportunities in data centers despite a surge in investments in hardware related to artificial intelligence [1] Group 1: Investment Opportunities - The company remains optimistic about the potential of data centers as a key area for investment [1] - There is a notable increase in capital flowing into the infrastructure supporting artificial intelligence, which may enhance the attractiveness of data centers [1] Group 2: Market Trends - The rush of investment into AI-related hardware indicates a growing demand for data center capabilities [1] - Blackstone's perspective suggests that the data center market is poised for growth, driven by technological advancements and increased data consumption [1]

Microsoft, Meta, Google and Apple were among the 13 companies that received a warning from a bipartisan group of state attorneys general, according to a letter from the state leaders, who said their c... ...

Core Viewpoint - The U.S. Federal Reserve is concluding 2025 with a significant rate cut for consumers, reflecting the economic uncertainty of the year [1] Group 1 - The Federal Reserve's decision to implement another rate cut indicates a proactive approach to stimulate consumer spending [1] - This rate cut is part of a broader strategy to navigate the challenges posed by an uncertain economic environment [1] - The move is expected to have implications for various sectors, particularly those sensitive to interest rates, such as housing and consumer finance [1]

The Federal Reserve on Wednesday said that it would start buying short-dated government bonds to help manage market liquidity levels to ensure the central bank retains firm control over its interest rate target system. ...