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Oracle Says It Plans to Raise Up to $50 Billion in Debt and Equity This Year
Oracle expects to raise $45 billion to $50 billion in 2026 to build additional capacity for its cloud infrastructure, the software company said.
Microsoft’s $381 Billion Rout Exposes Dark Side of the AI Binge
(Bloomberg) - Wall Street’s apprehension about the cost of developing artificial intelligence technology has been simmering beneath the surface of the stock market for months. Now it’s starting to boil over.
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Trump Nominates Kevin Warsh to be Next Fed Chair
Opting for a conventional choice to lead the Federal Reserve, President Trump on Friday nominated former Fed governor Kevin Warsh.
Wealth Inequality and the ‘K-Shaped’ Economy are More Striking Than Ever, Data Shows
The gap between the best and worse off Americans is growing — and economists don’t see an end in sight.
CFTC To Craft New Prediction Market Rules, Chairman Says
Wall Street’s main derivatives regulator will write new rules for the multi-billion dollar prediction markets industry, the head of the CFTC said.
Gold Falls To $5,300, Silver Slips From Record As Precious Metals Rally Enters 'Dangerous Phase'
Gold (GC=F) fell to around $5,300 after briefly topping $5,600 per ounce on Thursday while silver (SI=F) also pared gains.