Oracle Launches $45-50B Fundraising Push to Fuel AI Cloud Expansion
Oracle Corp. announces major $45-50 billion capital raise through debt and equity to expand cloud infrastructure capacity for AI customers like OpenAI and Meta.
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AMD Poised to Exceed Q4 Expectations on Strong Computing Demand
AMD stock rises 4% as analysts predict the chipmaker will beat Q4 guidance thanks to robust server and PC demand, providing cushion amid AI strategy uncertainty.
Hain Celestial Sells Snacks Business for $115M to Focus on Core Brands
Hain Celestial sells North American snacks unit including Terra chips to Canadian manufacturer for $115M, streamlining portfolio to boost margins and reduce debt.
William Blair Upgrades Palantir Ahead of Earnings
Analyst Louie DiPalma upgrades Palantir to Outperform, citing continued momentum, strong government support, and potential growth in AI-related markets.
Disney Beats Q1 Expectations But Warns of Slowdown Ahead
Disney's record theme park sales drove strong Q1 results, but the company forecasts modest growth amid international tourism challenges and rising sports costs.
JPMorgan Downgrades Best Buy, Warns of Tough Q4 Ahead
JPMorgan cuts Best Buy to Neutral and lowers its price target to $76, citing a tough Q4 outlook and limited growth drivers.