Oracle on Tuesday predicted that the AI data center boom will power its revenue above Wall Street estimates well into 2027, sending its shares up 8% in extended trading.
Adobe delivered record Q1 results — $6.40B revenue, $2.96B in operating cash flow, AI-first ARR tripling year over year. Then Shantanu Narayen announced he's stepping down after 18 years. The business didn't miss. The market sold the uncertainty.
Airlines in the Asia-Pacific region, including Qantas, Air India and Cathay Pacific, have hiked fares -- or will soon -- to factor in surging jet fuel prices spurred... Read Full Article →
Sri Lanka’s manufacturing sector suffered an estimated Rs. 33.96 billion in economic losses following the devastation caused by Cyclone Ditwah, which struck the country in late November 2025, according to preliminary assessments by the Industry and Entrepreneurship Development Ministry. Read Full Article →
The development comes after the US Supreme Court struck down Trump's previous use of tariffs by declaring an economic emergency. Read Full Article →
