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Oracle Surge Lifts S&P 500 to New Record
WSJ· 2025-09-10 20:44
Nasdaq Composite hits a new high, while Apple's slump weighs on the Dow industrials. ...
OpenAI, Oracle Sign $300 Billion Computing Deal, Among Biggest in History
WSJ· 2025-09-10 18:09
Core Insights - The majority of new revenue for Oracle is expected to stem from its partnership with OpenAI, indicating a significant reliance on this deal for future growth [1] Company Summary - Oracle's revenue growth is heavily influenced by its collaboration with OpenAI, suggesting that advancements in AI technology will play a crucial role in the company's financial performance [1]
Oracle's Ellison Rivals Musk as World's Richest Person. See How Their Wealth Compares
WSJ· 2025-09-10 17:30
A comparison of the corporate holdings, properties and pursuits of Larry Ellison, the co-founder of Oracle, and Elon Musk, who holds the title of world's richest person. ...
President Trump's unprecedented bid to wrest greater control of the Federal Reserve barreled toward a suspense-filled conclusion Wednesday
WSJ· 2025-09-10 16:42
In the span of just hours, a judge granted a legal victory to Biden-appointed Fed governor Lisa Cook, and a Senate committee advanced the nomination of Trump pick Stephen Miran. ...
Oracle Is the New Nvidia, for Better or Worse
WSJ· 2025-09-10 14:44
The software giant is expected to double its revenue in three years, but its future now fully hinges on the AI splurge. ...
Oracle Shares Skyrocket as Software Giant Scores Massive AI Deals
WSJ· 2025-09-10 13:56
Group 1 - The database-software company achieved billion-dollar contract wins in its latest quarter, leading to a significant increase in share price by over 37% [1]
Ozempic Maker Novo Nordisk to Cut 9,000 Jobs
WSJ· 2025-09-10 13:24
Core Viewpoint - The company has downgraded its guidance for the second time in six weeks while announcing a restructuring plan [1] Group 1 - The company is facing challenges that have led to a need for a restructuring plan [1] - This downgrade in guidance indicates ongoing difficulties within the company [1]
If the Supreme Court rules in favor of the president on tariffs, it could greenlight his raising other new tax revenue without Congress, WSJ's @greg_ip writes
WSJ· 2025-09-10 13:00
Core Point - The Supreme Court's ruling in favor of the president on tariffs may enable the president to increase other new tax revenues without needing Congressional approval [1] Group 1 - A favorable ruling could lead to significant changes in tax policy [1] - The decision may set a precedent for executive power in fiscal matters [1] - Potential implications for future tax legislation and revenue generation strategies [1]
Hims & Hers Health Expands Testosterone Offerings
WSJ· 2025-09-10 12:50
Core Insights - Hims & Hers Health is expanding its telehealth platform by launching treatments for low testosterone, addressing a category that is often associated with stigma according to the company's CEO [1] Company Summary - The company is venturing deeper into the low testosterone treatment market, which has been historically stigmatized [1] Industry Summary - The telehealth industry is seeing an increase in services offered for sensitive health issues, indicating a shift towards more open discussions and treatments in areas previously considered taboo [1]
Waymo Robotaxis Face New Challenger in Atlanta
WSJ· 2025-09-10 12:00
Group 1 - Michigan-based May Mobility is collaborating with Lyft to introduce a new service [1] - This initiative aims to compete with Waymo's availability on the Uber app [1]