Oracle Corporation recently released its quarterly earnings, bringing to light a juxtaposition of promising growth in certain sectors alongside disappointing overall results. While the company posted a respectable increase in net income, achieving $2.94 billion (which translates to $1.02 per share), its adjusted earnings per share of $1.47 fell short of analysts’ expectations of $1.49.
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Tesla has experienced a tumultuous period that has sent shockwaves throughout the financial markets. For the first time in its 15-year history as a public entity, the company has witnessed a continuous seven-week descent in its stock price, culminating in a close on Friday at $270.48—a stark contrast to its high of nearly $480 reached
In the rapidly evolving landscape of social media, platforms undergo significant shifts as user preferences change. Recent data brings to light a noteworthy trend regarding Meta’s Facebook, once the titan of social media that captivated millions; its grip on younger demographics seems to be waning. The Pew Research report from 2024 starkly indicates a drop
In a substantial turn of events, former President Donald Trump recently enacted an executive order to establish a Strategic Bitcoin Reserve. This decision signals a notable evolution in how the U.S. government approaches digital assets. The executive order has stirred significant discussions among investors, analysts, and cryptocurrency enthusiasts, particularly regarding its implications for the future
On Tuesday, an unsettling interruption disrupted the lives of countless veterans reliant on Oracle’s Federal Electronic Health Record (EHR) system. The Department of Veterans Affairs (VA) confirmed that the outage affected not only their facilities but also the Department of Defense, the U.S. Coast Guard, and the National Oceanic and Atmospheric Administration. This incident raises
In a surprising move that challenges the norms of the tech landscape, Digg, the once-flourishing content aggregator, is gearing up for an ambitious resurgence. The driving force behind this revival is none other than Alexis Ohanian, co-founder of Reddit, a platform that originally rose to prominence as Digg’s fierce competitor. Together with Digg’s creator, Kevin
As technological advancements surge ahead, the complexities and challenges surrounding the use of artificial intelligence (AI) chips have come to the forefront, particularly with the emergence of fraudulent activities in Southeast Asia. The recent declaration by Malaysian authorities to investigate the alleged involvement of their companies in a fraud case linked to Nvidia chips raises
The financial landscape for Nvidia took a significant downturn recently, following President Donald Trump’s announcement regarding the implementation of tariffs affecting imports from Canada and Mexico. This decision had an immediate and dramatic impact, triggering a near 9% drop in Nvidia’s stock price on Monday. The broader market suffered as well, with the Dow Jones
In the current technological landscape, concerns regarding privacy and data handling have escalated significantly, particularly as artificial intelligence (AI) becomes more integral to consumer products. Companies like Oppo are increasingly pressured to reassure users about privacy while leveraging AI technologies for enhanced functionalities. By launching innovative solutions like the Private Computing Cloud, Oppo aims to
Honor Technologies, the Chinese smartphone brand, has taken a bold stance in the tech industry by committing to invest $10 billion in artificial intelligence (AI) over the next five years. This ambitious pledge was unveiled during the highly anticipated Mobile World Congress in Barcelona, where the company announced a transformative partnership with tech giant Google.