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    Oracle Sees $104 Billion Sales in Fiscal 2029 on Cloud Expansion

    by skolnes September 12, 2024
    September 12, 2024

    (Bloomberg) — Oracle Corp. said annual revenue will rise to at least $104 billion in fiscal 2029, an optimistic signal on the growth prospects of the software maker’s cloud infrastructure …

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    El-Erian Says Cash on Sidelines Is Minimizing Bond Market Losses

    by skolnes September 12, 2024
    September 12, 2024

    (Bloomberg) — Investors are using their massive cash piles to lock in attractive yields in global bond markets, helping to limit losses in the asset class, according to Mohamed El-Erian. …

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    Meet the 15 members of the $100 billion club — who are jointly worth more than Amazon or Google

    by skolnes September 12, 2024
    September 12, 2024

    Elon Musk, Mark Zuckerberg, and Jeff Bezos are all members of the $100 billion club.Scott Olson/Getty/Mark J. Terrill/AP/Drew Angerer/Business Insider Composite The elite group worth more than $100 billion includes …

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    Berkshire Hathaway’s Jain Sells Over Half of Class A Shares

    by skolnes September 12, 2024
    September 12, 2024

    (Bloomberg) — Berkshire Hathaway Inc.’s vice chair of insurance operations, Ajit Jain, sold $139 million worth of his Class A shares in Warren Buffett’s conglomerate. Most Read from Bloomberg Jain, …

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  • Cryptocurrency News

    US OCC issues enforcement action against Wells Fargo

    by skolnes September 12, 2024
    September 12, 2024

    (Reuters) -The Office of the Comptroller of the Currency (OCC), a top banking regulator in the United States, said on Thursday it has issued an enforcement action against Wells Fargo …

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    Why Medical Properties Trust Rallied Today

    by skolnes September 12, 2024
    September 12, 2024

    Shares of Medical Properties Trust (NYSE: MPW) were rallying 16.8% in Thursday trading as of 12:45 p.m. ET. The medical property real estate investment trust (REIT) has a depressed stock …

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  • Cryptocurrency News

    DHL sues MyPillow, alleging company founded by Mike Lindell owes $800,000

    by skolnes September 12, 2024
    September 12, 2024

    MINNEAPOLIS (AP) — Package delivery company DHL is suing MyPillow, alleging the company synonymous with its founder, chief pitchman and election denier Mike Lindell owes nearly $800,000 for unpaid bills. …

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    Dave Ramsey Says You’re Wasting $5,000 A Year If You ‘Spend $13.70 A Day On Things You Don’t Need’

    by skolnes September 12, 2024
    September 12, 2024

    Dave Ramsey Says You’re Wasting $5,000 A Year If You ‘Spend $13.70 A Day On Things You Don’t Need’ Financial expert Dave Ramsey has a clear message for anyone trying …

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    3 Magnificent S&P 500 Dividend Stocks Down 45% to Buy and Hold Forever

    by skolnes September 12, 2024
    September 12, 2024

    There are a few things that United Parcel Service (NYSE: UPS), Walt Disney (NYSE: DIS), and Ford Motor Company (NYSE: F) have in common. They are Wall Street juggernauts, components of …

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  • Cryptocurrency News

    Is Intel Stock a Hidden Gem or a Value Trap?

    by skolnes September 12, 2024
    September 12, 2024

    Legacy chipmaker Intel (INTC) has shed 60% on a year-to-date basis due to the company’s lackluster performance in 2024 and the sizable losses it has been posting. While the bulls …

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