Latest News
Oracle Stock Rebounds Amid $24 Billion Cash Flow Deficit
Oracle shares recovered 1.77% on Friday to $126.41, but ended the week down 10.1% amid a $23.7 billion free cash flow deficit and S&P downgrade.
Alibaba Unveils Qwen3.8-Max-Preview AI Model Amid Apple Partnership Hopes
Alibaba (BABA) introduced Qwen3.8-Max-Preview on Sunday, a 2.4 trillion parameter AI model. ADRs ended the week up 2.35% after an Apple approval surge, but half of Wednesday's gains were lost by Friday's close.
Japan Markets Closed for Marine Day; Nikkei Tech Weakness in Focus
Japan's cash markets are closed Monday for Marine Day. The Nikkei fell 6.44% last week, with tech stocks driving 87% of Friday's decline. Tuesday's trading will test the chip sector.
ASX 200 Closes Lower as Mining Losses Outpace Energy Gains Ahead of Key Data
The S&P/ASX 200 closed at 8,796.70, down 0.50%, with mining losses outweighing energy gains. Focus turns to China's loan rate decision and Australia's June jobs data.
Vodafone Shares Surge Past Niel's Block Trade Price, Volume Soars
Vodafone stock ended Friday 6.6% above Xavier Niel's block trade price, with five-day volume doubling. Analysts see potential for accelerated cost reductions and free-cash-flow gains.
Saudi Aramco Opens First Philippine Branded Station in Sucat
Saudi Aramco opened its first branded station in the Philippines, selling ProForce gasoline at a 6.9% premium. The launch follows its 2025 acquisition of a 25% stake in Unioil.
Rivian Stock Holds Above Offer Price Amid Dilution and Cash Concerns
Rivian shares finished Friday at $17.46, a 12.6% premium to the offer price, after a stock sale that increased share count by 6.3% and boosted liquidity.
