Oracle beats on earnings, but stock drops on plans to raise another $20 billion
Oracle reported better-than-expected earnings and revenue for its fiscal fourth quarter.

Oracle reported better-than-expected earnings and revenue for its fiscal fourth quarter.
Analysts still assume that, despite the continued conflict, a deal will eventually be reached that ends the war and reopens the Strait of Hormuz.
President Donald Trump promised more attacks on Iran after strikes resumed this week. Earlier this week, he said a deal to end the war was near.
President Trump suggested that inflation would drop when the U.S. war against Iran ends, and said, "We've been taking out millions of barrels of oil."
The U.S. agriculture secretary is downplaying the threat posed by the spreading screwworm now compared with her more dire remarks last year.
Oil prices rose after the U.S. launched military strikes against Iran, raising concerns that renewed clashes may threaten shipping through the Strait of Hormuz.
When OpenAI and Anthropic make their IPO prospectuses available to the public, investors are going to have to learn about a whole new economy.
Trump's comments come after Energy Secretary Chris Wright said Tuesday that oil exports through Hormuz are "rising very meaningfully."
Millbank Dartmoor Portsmouth CIO Dennis Davitt says he hasn't seen anything like the SpaceX IPO since 2004. Investors are nervous about their positions.
The cost of attendance at a growing number of colleges is now more than six figures a year, according to data from The Princeton Review.
The expected travel boom from the World Cup is looking like it will be a city-by-city, match-by-match test of pricing power.
Mike Khouw is looking for a stable, cash-generating business where he can sell volatility instead of buying drama.
Long waits when calling the Social Security Administration's 800 number have been a legacy issue. Commissioner Frank Bisignano said he's changing that.
Selling in the precious metal just keeps getting worse, with the GLD ETF now down 25% from its intraday record in February.
Sen. Elizabeth Warren noted Elon Musk's "uniquely unchecked" power as SpaceX's majority shareholder and other concerns in a letter to the SEC.
The $70 billion package will fund Immigration and Customs Enforcement and Customs and Border Protection through the end of President Donald Trump's term.
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Inflation jumped to a three-year high in May as the Iran war continued to fuel higher energy prices.
AI Financial Corp. says it has mitigated some of the concerns that prompted it to say earlier that it may not be able to stay in business.
Amazon has been spinning out more of its in-house logistics offerings for others to access, posing a growing threat to industry incumbents.
Gates reportedly prepared for his testimony with the help of Jake Greenberg, who previously was the Oversight committee's chief investigations counsel.
Unless Congress acts, a key provision of the Foreign Intelligence Surveillance Act will expire at the end of this week.
Crypto traders are currently pricing the SpaceX pre-IPO perpetual future on Hyperliquid at $162, about 20% above the company's fixed IPO share price of $135.
Investors have rushed to back companies in the physical AI space