Tag: Breaking News: Technology
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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.
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Wall Street needs a crash course in the token economy ahead of AI IPOs. SpaceX offers a preview
When OpenAI and Anthropic make their IPO prospectuses available to the public, investors are going to have to learn about a whole new economy.
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Cramer still likes recently spun FedEx Freight despite the emergence of new rival
The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.
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Sen. Warren calls on SEC to delay SpaceX IPO, flagging concerns about valuation and governance
Sen. Elizabeth Warren noted Elon Musk’s “uniquely unchecked” power as SpaceX’s majority shareholder and other concerns in a letter to the SEC.
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Humaniod robotics company raises up to $1.4 billion from Nvidia, Amazon and others
Investors have rushed to back companies in the physical AI space
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Palantir’s Karp says businesses are ‘unhappy’ with the frontier AI labs
Palantir CEO Alex Karp says AI will drive the most important political decisions in the U.S. and shouldn’t be decided by party lines.
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Amazon trucking expansion sparks freight stock selloff
Amazon has been spinning out more of its in-house logistics offerings for others to access, posing a growing threat to industry incumbents.
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AI will help young workers ‘mature’ faster by automating grunt work, Thoma Bravo says, amid youth job crisis
“If you look at our associates, they’re spending a lot less time doing models or comparables than before,” Orlando Bravo, founder of Thoma Bravo, told CNBC.
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Bill Gates to face questions about Jeffrey Epstein from House Oversight panel
Gates reportedly prepared for his testimony with the help of Jake Greenberg, who previously was the Oversight committee’s chief investigations counsel.
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