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The 80-year-old founder of Oracle, Larry Ellison, has remarried! His fifth wife is only 33 years old.
① It is reported that Oracle's founder Larry Ellison has started his fifth marriage. The new wife was born in 1991; ② Ellison was born in 1944 and currently serves as Oracle's CTO and Executive Director, with an estimated net worth of 198 billion dollars.
Oracle's quarterly revenue did not bring surprises to investors, and the stock price fell after hours.
Database giant Oracle's quarterly revenue met expectations, disappointing some investors who hoped for better performance in the cloud business. Oracle's stock price fell in after-hours trading. Oracle announced a 9% increase in revenue for the second fiscal quarter on Monday, reaching 14.1 billion dollars. Revenue from the cloud business surged by 52% to 2.4 billion dollars, aligning with the analysts' expectations.
Not up to expectations! Oracle's cloud infrastructure performance has surged, but the stock price fell over 7% in after-hours trading.
① After the market closed on Monday Eastern Time, Oracle announced its second fiscal quarter earnings report, but this popular AI stock did not surprise investors; ② Oracle's cloud computing service revenue increased by 12% to $10.81 billion, accounting for 77% of total revenue, of which cloud infrastructure revenue grew by 52% to $2.4 billion.
No. 1 Research Memo (2): In addition to handling the sale of OA equipment, they are also focusing on No. 1 business resistance.
Company overview No.1 <3562> has the management philosophy of "Becoming the best power to energize companies in Japan." It mainly targets small and micro enterprises nationwide, engaging in the planning, development, manufacturing, sales, and maintenance of information security equipment, as well as the sales and maintenance of OA-related commodities etc. Established in 1989 in Yokohama City, Kanagawa Prefecture as a sales company for software aimed at corporations, it began business as J.B.M Co., Ltd. (now No.1) and started its operations.
The Nasdaq index reached a new high, French stocks rose, the south korea etf narrowed after a 7% drop, and the offshore yuan briefly fell below 7.31 yuan.
South Korean President Yoon Suk-yeol abruptly declared a state of emergency, boosting safe-haven assets such as U.S. Treasury bonds, Japanese yen, and gold, while cryptos on the South Korean exchange plunged. The South Korean parliament quickly passed a resolution to lift the state of emergency, with the Ministry of Finance and the central bank actively working on market rescue measures. After a 2.7% drop to a two-year low, the won’s decline was cut in half, South Korean etfs fell by 1.6%, and the yield on 10-year U.S. Treasury bonds turned to increase after hitting a new low in over a month. France is set to vote on dissolving the government as early as Wednesday, with French stocks following European markets upward, although they had previously declined during the day. The Dow Jones, small cap stocks, and semiconductor indices fell, while the China concept index once rose by 1.9%. The yuan hit a new low in a year during the day, and U.S. oil rose nearly 3% testing the $70 mark.
Nasdaq, S&P hit new highs, French stock and bond yields fluctuate and rise, Euro once fell more than 1%, Dollar rose.
On the first trading day of December, Cyber Monday shopping amounts will break records, with the Nasdaq and Chinese concept stocks rising about 1%, and the chip index leading with a 2.6% increase, while the Dow fell from its peak. Tesla soared over 4% during the day, intel rose nearly 6% before turning negative, super micro computer surged nearly 29%, and Xpeng autos climbed over 5%, but Li Auto dropped nearly 4%. The French government faces a vote of no confidence, causing French stocks to briefly fall over 1%, and the spread between French and German government bond yields approached the widest in twelve years. US henry hub natural gas fell over 4%, the indian rupee hit a new low, and the offshore yuan dropped over 400 points, falling below 7.29 yuan.