Oracle Wins Nearly $7 Billion Pentagon Software Deal to Streamline Military Systems
Defense Department signs up to 10-year, nearly $7 billion Oracle contract to unify software licensing, cut costs, and save taxpayers $441 million.
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Safety Insurance Group to Be Acquired by Mapfre in $1.54 Billion All-Cash Deal
Shareholders get $105/share (44% premium). Deal set to close in Q1 2027.
NVIDIA Backs Amkor with $1.5B to Expand Advanced Packaging for Next-Gen AI
NVIDIA funds Arizona expansion to boost U.S. AI infrastructure capacity.
SAP Shares Rise After Strong Earnings Ease Software Worries
Cloud backlog hits €22.9B (+26%) as SAP beats Q2 estimates. AI tools and enterprise shift drive growth, lifting shares after earnings.
Intel Beats Wall Street Expectations as AI Boom Drives Strongest Sales Growth in 15 Years
Agentic AI drives demand; company raises 2026 capex to $20B and guides higher for Q3.
Bleecker Street Shorts Lyft Over $1.3–$2.7 Billion in Hidden Sexual Assault Lawsuit Risks
Bleecker is betting against Lyft, warning of hidden lawsuit costs, weak growth, safety issues, and limited protection from insurance.