Oracle stock suffers steepest drop since 2002 on weak revenue guidance
Oracle shares plunged on Tuesday after the software maker missed analysts' estimates on revenue and issued weak guidance.
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TKO, the newly merged UFC-WWE, aspires to grow beyond fighting
After an 18-month integration of WWE and UFC, TKO will begin hunting for more live sports-related acquisitions.
Georgia DA urges judge to reject Mark Meadows bid for stay, says he failed to meet his ‘heavy burden’ of evidence
Meadows and Trump are two of 19 defendants in the case alleging an illegal conspiracy to try to overturn Trump's loss to President Joe Biden in Georgia in 2020.
2024 election ad spending expected to top $10 billion, smashing Biden-Trump 2020 record
The 2024 projection shows an increase of more than $1 billion from the record set in 2020 when then-President Donald Trump faced off against Joe Biden.
'My face hurt from smiling': After 20 years, this artist got $60,000 in student loan debt forgiven
The Biden administration announced it would forgive $39 billion in student debt for hundreds of thousands of borrowers. Wendee Goles found out she qualified.
Wall Street sees potential UAW strikes as manageable, with upsides
Wall Street analysts are viewing potential strikes by the UAW union against the Detroit automakers as largely manageable, even investment opportunities.
SpaceX’s near monopoly on rocket launches is a ‘huge concern,' Lazard banker warns
A Lazard investment banker sounded the alarm about the dominance of Elon Musk's SpaceX in the rocket launch market.
MGM Resorts is facing 'ongoing' cyber incident that sent reservation and booking systems offline
The casino and lodging operator said that its gaming operations were back online but gave no update on lodging or restaurant reservations.
Steve Forbes says the Fed's not going to cut rates soon
The Fed started its aggressive rate hike campaign in March 2022 as inflation climbed to its highest levels in 40 years.
Oracle comes up short on revenue but touts AI cloud contracts
Larry Ellison pointed to a doubling in the amount of money that artificial intelligence development companies have agreed to spend on Oracle cloud services
Trump seeks removal of federal judge from D.C. election case
Former President Donald Trump faces four pending criminal cases, two of which are related to his bid to reverse his 2020 election loss to President Joe Biden.
2023 severe weather: $57 billion in damage and 253 people dead so far
The disasters have raised concerns about whether FEMA has enough money left to respond adequately as hurricane season enters it peak.
DraftKings apologizes for 9/11 sports bet promo on New York teams
The 9/11 terror attacks killed nearly 3,000 Americans, most in New York. DraftKings offered gamblers a parlay bet on New York teams winning on the anniversary.
RTX to take $3 billion charge on Pratt & Whitney engine problem, shares tumble 8%
The issue is forcing inspections on hundreds of Pratt & Whitney GTF engines ahead of schedule.
Tesla shares soar 10% after Morgan Stanley upgrade
Morgan Stanley upgrades Tesla price target to $400 per share on potential of custom silicon.
FDA approves updated Covid vaccines from Pfizer and Moderna as hospitalizations rise
The Biden administration said it expects the new Pfizer and Moderna vaccines targeting the omicron variant XBB.1.5 to be available in mid-September.
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Trump aide Mark Meadows urges judge to pause order rejecting his bid to try Georgia election case in federal court
Ex-President Donald Trump's former chief of staff Mark Meadows asked a judge to stay an order rejecting his bid to move his Georgia case to federal court.
FBI and White House likely coerced social media platforms into removing posts, appeals court rules
But the appeals court limited the scope of a district court ruling that restricted communications between government agencies and social media companies.
Instacart clarifies its Snowflake payments in updated IPO prospectus after clash with Databricks
In an updated IPO prospectus on Monday, grocery delivery company Instacart laid out the difference between payments to snowflake and usage of the technology.
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