Oracle adds $100B in market cap on major announcement
Oracle Corporation (ORCL) is starting to win in a different way than most investors expected. Instead of trying to beat hyperscalers head-on, the company is finding ways to plug into them, turning competitors into distribution channels. That shift is starting to show up in both growth and investor …
Read MoreAnalysts rerate Taiwan Semiconductor stock after earnings
Taiwan Semiconductor Manufacturing Company (TSM) just reported a quarter that’s forcing analysts to reassess the company. Revenue growth came in strong, but what stood out was how efficiently that growth translated into profit. Margins held near peak levels, advanced-node demand remained strong, …
Read MoreBerkshire Hathaway’s new CEO just made a move Buffett never did
Greg Abel has been CEO of Berkshire Hathaway for barely three months. In that time, he has restarted share buybacks, invested his entire salary in company stock, and put $1.8 billion into a Japanese insurance giant, and those moves got attention. His latest decision goes somewhere Warren Buffett …
Read MoreMost families avoid this conversation; they shouldn’t
For years, conversations about money, aging and estate planning were often avoided within families. That’s beginning to change, Harry Margolis, author of Get Your Ducks in a Row, said in an interview. More households are recognizing the need for structured, ongoing discussions about finances, …
Read MoreSocial media giant lays off 1,000 amid AI shift
We are well into the end of the first quarter, and companies are preparing to submit their Q1 earnings report. But before that happens, some streamlining is still underway as layoff news continues to overshadow job listings. The dreariness of artificial intelligence taking over jobs continues to …
Read MoreExperts send strong message about decreasing mortgage rates
In my decade of reporting on mortgage rates, I’ve witnessed Americans’ interest in buying a home wilt every time rates inch up. Considering Freddie Mac’s reported mortgage rates increased for five straight weeks in March and April, potential homebuyers have probably felt discouraged, to say the …
Read MoreJPMorgan has stark message on Qualcomm stock
JPMorgan is becoming more cautious on QUALCOMM Incorporated (QCOM) ahead of its upcoming earnings report, citing rising pressure in its core handset business. At the same time, newer growth areas are not yet large enough to offset that weakness. Here’s JPMorgan’s message to Qualcomm investors: On …
Read MoreWall Street firm drops shocking verdict ahead of Tesla earnings
Tesla (TSLA) investors finally caught a break after a long time, thanks to one of the biggest Wall Streetfirms in the world. UBSis making a brave call, moving Tesla’s stock rating from Sell to Hold just as the markets prepare for the upcoming earnings report. Market observers want to know whether …
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