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Home > Latest

Lates News

date
29/10/2026
Oracle's stock extended its gains after issuing its guidance, most recently up about 12.6%.
Latest
6 m ago
Oracle (ORCL.N) expects free cash flow to reach $30 billion in the fiscal year ending May 2029, far above market expectations that it would remain negative; the company also expects total data center capacity to exceed 10 gigawatts by the end of fiscal 2028, and to gradually reduce capital expenditure starting in fiscal 2029. Oracle said new financing needs through May 2030 will be kept within $20 billion, and reiterated its target of $225 billion in total revenue for fiscal 2030. Analyst Anurag Rana believes this plan is expected to ease market concerns about Oracle's heavy AI infrastructure investment over the next two years. Boosted by this, Oracle's stock rose more than 13% at one point during intraday trading.
7 m ago
The U.S. Department of Justice is making inquiries about Nvidia's (NVDA.O) agreement to acquire artificial intelligence model company Hugging Face for about $13 billion. The move is part of a broader regulatory review of the chip giant. People familiar with the matter said the Justice Department is assessing how the deal could affect competition in the AI market. In addition, the Justice Department's long-running investigation into the chipmaker's business practices is still ongoing. Nvidia announced the Hugging Face acquisition in September, saying the move was intended to protect the open-source software community. Developers rely on the Hugging Face platform to share models and data for anyone to use freely. As part of the deal, Nvidia has committed to keeping the platform open.
14 m ago
Analyst: The dovish tilt of the October FOMC is clearly visible; the probability of a rate hike in December is only 50%.
20 m ago
"New Bond King" Gundlach: Still recommends allocating 30% of assets to bonds using a "barbell strategy."
25 m ago
"New Bond King" Gundlach: Equity allocation is about 30%, and only in the equal-weight S&P index.
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