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Oracle is under pressure from more than $100 billion in debt and massive layoffs as it pushes ahead with Larry Ellison’s 3-step transformation
The Larry Ellison-led software giant is remaking its cloud infrastructure to rival Amazon and Microsoft.
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Stocks stage massive upside reversal as oil plunges after Trump says Iran war could be over soon
Later on Friday, Trump said also he plans to waive oil-related sanctions and claimed “we’ve already won in many ways, but we haven’t won enough.”
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Joseph Stiglitz says buckle up before the great AI ‘reallocation’ era arrives
The short-term pain is real, and we are not ready for it. The long-term picture, Stiglitz argues, is something else entirely.
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Trump says war to end ‘very soon,’ floats removing oil sanctions
“We’ve already won in many ways, but we haven’t won enough,” he said.
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Trump says Iran war will end ‘very soon’
Oil tumbles as president seeks to calm market but gives conflicting signals on plans to end conflict
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To justify a $1.5 trillion market cap after its IPO, SpaceX would need to earn more than Berkshire Hathaway. Here’s why that’s unlikely
The real moonshot? Hitting the financial targets it would take to justify the market cap Elon Musk has been musing about.