Oracle Stock Surges 13% After Strong Q4 Results
Record High Stock Price Following Strong Earnings Oracle’s stock (ORCL) surged more than 13% on Thursday, hitting a record closing price of $199.87. The stock even reached an all-time high of $202.44
CrowdStrike Announces 500 Employee Layoffs Amid AI Shift
CrowdStrike, a leader in cybersecurity software, announced Wednesday that it would lay off 500 employees, representing about 5% of its workforce. CEO George Kurtz attributed the decision to advancements in artificial intelligence
Toyota Cuts Forecast Amid U.S. Tariff Pressure
Profit Falls Despite Strong Revenue and Global Demand Toyota Motor has lowered its annual operating income forecast as U.S. import tariffs weigh on earnings. Although the company posted revenue of 12.25 trillion
Starbucks Sees Sales Slide, But CEO Signals Turnaround
Same-Store Sales Decline for Sixth Straight Quarter Starbucks reported a 2% global same-store sales drop in its fiscal third quarter, marking the sixth consecutive quarterly decline. Despite that, CEO Brian Niccol remains
Adobe Faces Investor Doubts Over AI Monetization
Adobe’s stock fell 7% in early trading on Friday as investor concerns grew over the pace at which its AI initiatives will generate returns. Despite raising its full-year revenue forecast, skepticism about
Airbnb Reports Q1 Earnings, Lowers Q2 Revenue Outlook
Airbnb Reports Mixed First-Quarter Earnings Airbnb’s first-quarter earnings were mostly in line with expectations, but the company issued a disappointing revenue forecast for the upcoming period, causing shares to decline more than
AmEx Sees Growth Despite Economic Uncertainty and Tariffs
Despite the economic uncertainty surrounding President Donald Trump’s tariff policies, American Express (AmEx) has shown resilience, reporting robust spending from its affluent cardholders. The company’s growth story is particularly driven by younger
Super Micro Computer Faces Steep Decline – Red Flags and Investor Concerns
Super Micro Computer (NASDAQ: SMCI) has become one of the most tumultuous stock stories of 2024. After starting the year with strong gains propelled by surging product demand and the AI boom,