Oracle Faces Lawsuit Over Alleged Bond Sale Disclosure Failures
Bondholders sue Oracle for $18B debt sale, claiming the company failed to disclose plans for additional $38B in loans needed for AI infrastructure expansion.
Bondholders sue Oracle for $18B debt sale, claiming the company failed to disclose plans for additional $38B in loans needed for AI infrastructure expansion.
Tesla ends lifetime Full Self-Driving purchases after Feb 14, 2026, switching to subscription-only model as vehicle sales slow and recurring revenue becomes priority.
Citigroup's (C) Q4 2025 profit fell 13% due to Russia exit loss, but investment banking fees surged 35% and adjusted earnings beat estimates as CEO Fraser's turnaround gains traction.
Honeywell's quantum computing unit Quantinuum prepares for IPO filing with $11B valuation, backed by Nvidia and major investors for breakthrough computing technology.
China's market regulator probes Trip.com Group for antitrust violations, accusing the dominant travel platform of abusing market power. Shares drop 6.5% as investigation unfolds.
Bank of America surpassed expectations, reporting a profit of $7.6 billion. High interest and trading helped, and the CEO remains optimistic.