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Why Oracle stock tanked over 6% on Friday

Oracle stock (NYSE: ORCL) tumbled 6.5% on Friday, wiping billions from the market value of the enterprise software giant as investors parsed…
Stock

Philip Jansen of WPP poised to become Heathrow’s next chairman: report

Heathrow Airport is preparing for a major leadership transition as former BT Group chief executive Philip Jansen emerges as the frontrunner to…
Stock

HDFC Bank’s Q2 profit beats estimates as loan growth strengthens

HDFC Bank Ltd., India’s largest private sector lender, reported a stronger-than-expected profit for the September quarter, supported by steady loan growth and…
Stock

ICICI Bank reports strong Q2 profit, driven by retail loan growth

ICICI Bank Ltd., India’s second-largest private sector lender, posted a stronger-than-expected profit for the September quarter, buoyed by robust loan growth and…
Stock

Apple outbids ESPN to win exclusive US Formula 1 broadcast rights in $150M deal

Apple has won exclusive US broadcast rights to Formula 1, marking the first time the championship will move entirely to streaming. Starting…
Stock

ZION stock: why the pullback in this regional bank is vastly overdone

Zions Bancorporation (NASDAQ: ZION) nosedived this week after reporting a $50 million write-off tied to fraudulent loans. The sell-off wiped over $1…
Stock

Micron stock tumbles after its big China exit: here’s what it means

Micron stock (NASDAQ: MU) tumbled on Friday, following Reuters reports that the US chipmaker has decided to abandon China’s server chip market…
Stock

Jefferies accuses First Brands of fraud: what the allegation means

Jefferies has publicly accused auto-parts firm First Brands Group of defrauding one of its funds, a sharp escalation in a story that…
Stock

Europe bulletin: BBC under fire, Mango death reopened, UK banks slide

A turbulent Friday across Europe as the BBC faces a formal rebuke from Ofcom over a “misleading” Gaza documentary, Spanish police reopen…
Stock

Charles Schwab posts strong Q3 results as client assets and trading surge

Charles Schwab reported stronger-than-expected third-quarter results on Thursday, showcasing robust client growth, higher revenue, and record total assets amid a buoyant stock…
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