Year: 2025
Why Oracle can rally another 70%, according to investor Victoria Greene
Oracle shares may be rallying on its latest earnings beat, but it still has much higher to go, according to Victoria Greene, chief investment officer at G Squared Private Wealth. The cloud computing company was one of three names Greene discussed on CNBC’s ” Power Lunch ” Thursday – two made her buy list, while […]
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AMD reveals next-generation AI chips with OpenAI CEO Sam Altman
Lisa Su, CEO of Advanced Micro Devices, testifies during the Senate Commerce, Science and Transportation Committee hearing titled “Winning the AI Race: Strengthening U.S. Capabilities in Computing and Innovation,” in Hart building on Thursday, May 8, 2025. Tom Williams | CQ-Roll Call, Inc. | Getty Images Advanced Micro Devices on Thursday unveiled new details about […]
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Sen. Alex Padilla handcuffed after forced removal from DHS press conference
Police handcuffed Sen. Alex Padilla, D-Calif., and pushed him to the ground Thursday after forcibly removing him from a press conference Homeland Security Secretary Kristi Noem was holding in Los Angeles. Padilla had entered the room and interrupted Noem as she was speaking about her department’s plans to continue deportation efforts in California, even as […]
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Google cloud and other internet services are reporting outages
A visitor walks past a Google Cloud sign at the booth of Google during the Hanover technology Fair (Hannover Messe) on April 22, 2024 in Hanover, northern Germany, with Norway as partner country. Ronny Hartmann | AFP | Getty Images Google’s cloud was suffering from global outages on Thursday, as were other cloud-based services. Users […]
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Coinbase beefs up subscription plan by offering it with American Express credit card
Coinbase on Thursday introduced its first branded credit card in partnership with American Express. The card will be available exclusively to U.S. members of Coinbase One, the cryptocurrency platform’s monthly subscription product that offers zero trading fees, increased staking rewards and other perks. Additionally, Coinbase is also creating a lower-cost “Basic” subscription tier. Cardholders will […]
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Yellen expects Trump’s tariffs will hike inflation to 3% year over year
Former Treasury Secretary Janet Yellen predicts President Donald Trump’s tariffs will cause prices to rise and average household income to fall, despite a slowing trend in the U.S. inflation rate. “I would expect inflation, on a year-over-year basis of this year, to shoot up to at least 3%, or slightly over, because of the tariffs,” […]
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Chime opens at $43 in Nasdaq debut after pricing IPO above expected range
CEO of Chime, Chris Britt, center right, rings the opening bell during the company’s initial public offering at the Nasdaq MarketSite on June 12, 2025 in New York City. Andres Kudacki | Getty Images Chime opened at $43 in its Nasdaq debut on Thursday after selling shares at $27 each in an IPO that valued […]
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Oracle shares pop 15% to record high on earnings beat, cloud optimism
Larry Ellison, Oracle’s co-founder, chief technology officer and chairman, at right, and U.S. President Donald Trump share a laugh as Ellison uses a stool to stand on as he speaks during a news conference in the Roosevelt Room of the White House in Washington on Jan. 21, 2025. Trump announced an investment in artificial intelligence […]
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Trump calls Fed chief Powell ‘numbskull’ as he urges interest rate cut
US Federal Reserve Chair Jerome Powell waits to speak during a conference marking the 75th anniversary of the International Finance Division of the Federal Reserve Board in Washington, DC, on June 2, 2025. Andrew Caballero-Reynolds | AFP | Getty Images President Donald Trump ripped Federal Reserve Chair Jerome Powell as a “numbskull” on Thursday as […]
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Fed’s inspector general is reviewing Trump administration’s moves to dismantle CFPB
Director of the Office of Management and Budget (OMB) Russell Vought attends a cabinet meeting at the White House in Washington, D.C., U.S., April 10, 2025. Nathan Howard | Reuters The Federal Reserve’s inspector general is reviewing the Trump administration’s attempts to lay off nearly all Consumer Financial Protection Bureau employees and cancel the agency’s […]
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