Six weeks ago, Oracle (ORCL -4.21%) management guided for about $8.05 in non-GAAP (adjusted) earnings per share this fiscal year. As of this writing, the stock trades around $117 — less than 15 times that figure, after setting a new 52-week low of $114.75 on Friday. A multiple like that is usually reserved for mature […]
Asking the internet for advice can be a dicey game: Users can either be helpful or take the chance to make a joke of it all—as the European Central Bank (ECB) has come to find out. The financial institution, which oversees banknotes in the European Union, unveiled on July 23 the new design proposals for […]
Annual awards celebrate Arizona’s exceptional non-elected public servants and the lasting impact of their leadership PHOENIX, July 24, 2026 /PRNewswire/ — The people shaping Arizona’s future every day aren’t always the ones in the spotlight, but their impact is felt in communities across the state. From expanding opportunities for lifelong learning to advancing economic growth, fostering civic […]
Key insight: Upstart now has approval from the OCC to start building a de novo bank subsidiary after a 120-day review process. What’s at stake: With the OCC denying its first charter application this week, firms seeking bank charters are expecting rigorous review of their applications. Expert quote: Upstart’s Annie Delgado told American Banker that […]
Regeneron Q2 Earnings Preview: Not Expecting Miracles – At Least In The Short Term
Rather than predicting prices, Maller argued Bitcoin’s toughest periods are what keep the network and its participants honest. Jack Mallers says Bitcoin’s bear market has left him “getting my ass kicked,” but the Strike founder believes that is exactly what makes the asset different from traditional financial systems. In an essay published Friday, just […]
From left, Sundar Pichai, CEO of Alphabet; Satya Nadella, CEO of Microsoft; Andy Jassy, CEO of Amazon; and Mark Zuckerberg, CEO of Meta. Damian Lemanski | David Ryder | Bloomberg | Getty Images | CNBC | Manuel Orbegozo | Reuters The race to build artificial intelligence infrastructure at a trillion-dollar annual clip is eroding the […]
Speaking at Samsung’s Galaxy Unpacked event, Dinham said, “This will make Samsung one of the first major mobile brands to bring native stablecoins to a smartphone, enabling fast and trusted digital value transfers.” With the addition of stablecoins, Samsung Wallet will bring together payments, rewards and digital assets, creating “the foundation of a connected financial […]
Verizon signed an over $1 billion artificial intelligence (AI) infrastructure deal with Google, and the company expects to sign several similar deals by the end of the year, Verizon CEO Dan Schulman said Friday (July 24) during a second quarter earnings call. In the recently signed agreement, Verizon dark fiber will be used to connect Google’s data centers. […]
Key Takeaways Ford is working with Apple on a new line of electric vehicles. The automaker is taking the unprecedented step of letting Apple’s software control how electric vehicles operate when they are driving themselves. The new software will be built into the vehicle, so drivers won’t need an iPhone to use it. Ford is […]