Larry Ellison tops Elon Musk as world's richest person amid Oracle stock surge
Fox Business· 2025-09-10 15:36
Oracle's stock surge has pushed co-founder Larry Ellison's net worth higher by tens of billions of dollars the last two days and puts him ahead of Tesla CEO Elon Musk as the richest person in the world. The software giant's stock surged in after-hours trading following an earnings release that featured a significant uptick in sales and signaled a bullish outlook for Oracle's cloud business.The positive news sent Oracle stock more than 32% higher in after-hours and pre-market trading – gains which continued ...
India Stalls Full Crypto Framework, Citing Systemic Risk Fears: Report
Yahoo Finance· 2025-09-10 15:35
India is leaning against introducing a comprehensive crypto law and will instead maintain partial oversight of the sector, a government document shows. Officials fear that integrating digital assets into the country’s mainstream financial system could heighten systemic risks. The document, prepared this month and reported by Reuters, shows the Reserve Bank of India’s (RBI) longstanding skepticism. The central bank argued that effective regulation would be difficult in practice and that granting cryptocurr ...
Torus secures $200m from Magnetar to boost modular power plant deployments
Yahoo Finance· 2025-09-10 15:35
Torus, a provider of full-stack energy platforms offering storage, management, security, and generation solutions, has secured a $200m investment from Magnetar to expedite the rollout of its modular power plants. These plants are intended for utilities, data centres, and commercial and industrial clients throughout the US. The funding aims to enhance the deployment of the company’s modular power plants, which are small, inertia-based hybrid energy systems. These systems merge the power delivery of mecha ...
Moneris Go Retail enhancements support Canadian businesses
Yahoo Finance· 2025-09-10 15:35
Canadian commerce solutions provider Moneris Solutions has announced new features to its Moneris Go Retail solution to meet the evolving needs of retailers across Canada. The latest features of the user-friendly point-of-sale (POS) system aim to address modern retail challenges, showcasing Moneris' commitment to advancing retail technology in line with business demands. Moneris Go Retail now includes custom sales for flexible selling, enhanced customer management and advanced insights into buying habits, ...
PPI Cools Notably: Is a 50 bps Rate Cut in the Works?
ZACKS· 2025-09-10 15:35
Key Takeaways PPI Numbers for August Show Inflation CoolingTomorrow's CPI Is Key for Understanding InflationThe Fed Last Met in July; a Lot has Changed Since ThenWednesday, September 10, 2025This morning, we saw likely the most consequential series of data for today’s stock market: the Producer Price Index (PPI) for August, the wholesale level of inflation tracked within the U.S. economy. Both headline and core month-over-month PPI came in at -0.1% — a major cool-down from what we feared was heating up in J ...
WRB Outperforms Industry, Trades Near 52-Week High: Time to Hold?
ZACKS· 2025-09-10 15:35
Key Takeaways WRB focuses on commercial lines, including excess & surplus, admitted, and specialty personal lines. WRB's growth drivers include diversification, reserving discipline, and alternative asset investments.WRB's dividend yield of 0.5% exceeds the industry average of 0.2%. Shares of W.R. Berkley Corporation (WRB) have gained 26.6% in the past year, outperforming its industry, the Finance sector, and the Zacks S&P 500 composite’s growth of 7.6%, 18.5% and 18.9%, respectively. W.R. Berkley has outpe ...
Tsakos Energy (TEN) Q2 Earnings and Revenues Surpass Estimates
ZACKS· 2025-09-10 15:35
Tsakos Energy (TEN) came out with quarterly earnings of $0.67 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $1.26 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +13.56%. A quarter ago, it was expected that this oil and gas shipping company would post earnings of $0.29 per share when it actually produced earnings of $0.92, delivering a surprise of +217.24%.Over the last four q ...
Uber Will Offer Blade Helicopter Rides By Next Year, It Says
Forbes· 2025-09-10 15:35
ToplineUber will offer helicopter and seaplane rides on its app next year, the company said, partnering with Joby Aviation—a month after the vertical aviation company purchased air taxi service Blade for $125 million.Joby Aviation acquired Blade for $125 million in August.Getty ImagesKey FactsUber users will be able to book Blade helicopters and seaplanes on “as soon as next year,” the companies said in a statement, but did not name a specific month.Blade offers rides from destinations around the New York C ...
Weak Jobs Report All But Locks In Fed Rate Cut; All Eyes On Inflation Data
Seeking Alpha· 2025-09-10 15:35
Wall Street Horizon provides institutional traders and investors with the most accurate and comprehensive forward-looking event data including earnings calendars, dividend dates, option expiration dates, splits, investor conferences and more. Covering 9,500 companies worldwide, we offer more than 40 corporate event types via a range of delivery options. By keeping clients apprised of critical market-moving events and event revisions, our data empowers financial professionals to take advantage of or avoid th ...
Trump Offers New Dawn For Solar Stocks. This Is The Next Growth Driver.
Investors· 2025-09-10 15:34
TRENDING: See Nvidia's Growing Appetite For Startup Investments President Donald Trump has taken a skeptical view of renewable energy since returning to the White House in January. That leads many investors to believe solar stocks could be on life support. However, the Trump administration surprised investors last month by deciding on a more sector-friendly framework for projects to continue receiving federal tax credits before they phase out. Along… Related news Mutual Funds Load Up On Nextracker Stock And ...