OpenAI and Oracle signed a deal “to purchase $300 billion in computing power over roughly five years,” one of the largest cloud computing deals ever, reports the Wall Street Journal. In July, the two companies revealed their partnership to build…
Facebook Tweet Email Link Reuters — Boeing Defense and the machinists union have reached a tentative deal to end a five-week-long strike in the St. Louis area, union officials announced on Wednesday. A vote on Boeing’s five-year contract offer is…
Traders work on the floor as a screen displays the logo for Swedish fintech Klarna, during the company’s IPO at the New York Stock Exchange in New York City, U.S., Sept. 10, 2025. Brendan McDermid | Reuters S&P 500 futures…
NEW YORK (AP) — The battle among billionaires for bragging rights as the world’s richest person got heated Wednesday with the surprising surge of an old contender: Larry Ellison. In a stunning few minutes after markets opened, stock in Ellison’s…
:max_bytes(150000):strip_icc()/GettyImages-2205145445-ce930c329c8c4d15bb4cba46895390fe.jpg?w=768&resize=768,0&ssl=1 "Oracle Stock Soars, While Synopsys Staggers")
Key Takeaways The S&P 500 gained 0.3% on Wednesday, Sept. 10, 2025, as a report showed an unexpected downtick in wholesale inflation ahead of Thursday’s Consumer Price Index release. Oracle guided for impressive growth from its cloud infrastructure business, citing…
Danielle KayeBusiness reporter Getty Images Larry Ellison, pictured at an Oval Office meeting earlier this year, has overtaken Elon Musk in fortune Elon Musk briefly lost his title as the world’s richest person to Larry Ellison, the co-founder of Oracle…
Lisa Cook takes the oath of office to serve as a member of the Board of Governors at the Federal Reserve System during a ceremony at the William McChesney Martin Jr. Building of the Federal Reserve May 23, 2022 in…
Anthropic’s $1.5 billion book piracy settlement has been put on pause after the federal judge overseeing the class action case raised concerns about the terms of the agreement. During a hearing this week, Judge William Alsup rejected the settlement over…
Two former Meta employees alleged in sworn congressional testimony on Tuesday that the company’s virtual reality products have exposed children to adult content such as nudity, sexual propositions and live masturbation. The former employees, Jason Sattizahn and Cayce Savage, worked…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Sept. 9, 2025. Brendan McDermid | Reuters S&P 500 futures rose slightly on Tuesday night, boosted by a positive forecast from Oracle, as…