Oracle shares surged after a strong revenue forecast eased AI infrastructure spending concerns. The company is rapidly expanding its data centers for AI, funded by significant debt. While investor concerns about financing and execution persist, new AI contracts and Larry Ellison's comments on AI tools provided some reassurance.
FedEx beat by 28% on EPS, raised the full-year guide by over a dollar at the midpoint, cut CapEx, and posted six consecutive quarters of margin expansion. The bear case was tariffs and route disruptions. The DRIVE program printed anyway. Freight spin-off June 1.
Tenaya Therapeutics, Inc. (NASDAQ:TNYA) is one of the 10 Best High-Risk Penny Stocks to Buy Right Now. Andy Hsieh of William Blair maintained a Buy rating on Tenaya Therapeutics, Inc. (NASDAQ:TNYA) on March 12, expressing a positive outlook for the stock. His view is supported by the company’
Oil prices rose again on Tuesday, a day after a sharp decline, amid confusion over which way the Iran war was going. Brent crude settled well above 100 dollars a barrel. Meanwhile, rising energy costs stemming from the conflict are causing the cost of plastic packaging to skyrocket, which in
Meta found guilty in New Mexico child safety case: $375M penalty over harmful content algorithms and age checks. Read Full Article →
