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Michael Saylor Uses LeBron James, Michael Jordan Sports Analogy To Explain Bitcoin To Dave Portnoy: 'Satoshi Gave Us A Game We Can All Win'
AI cloud infrastructure revenue failed to help Oracle's Q2 performance explode, with a drop of more than 9% in after-hours trading | Earnings report insights.
In the last fiscal quarter, Oracle's revenue grew by 9% year-on-year, while cloud computing service revenue accelerated by over 24%. The EPS growth slowed to 9.7%, slightly below expectations. The revenue guidance median and EPS guidance range for this fiscal quarter are both below expectations, with growth further slowing compared to the second fiscal quarter. The CEO stated that in the last fiscal quarter, Oracle's cloud infrastructure revenue grew by 52%, surpassing other competitors, and it is expected that cloud computing revenue will exceed 25 billion USD for this fiscal year.
Eric Trump, the second son of Donald Trump: Modern banks are outdated, and the usa must lead the cryptocurrency trend.
① Eric, the second son of Trump, stated that a set of "reasonable" regulatory guidelines could make the usa a superpower in cryptos; ② Recently, Trump nominated crypto supporter Paul Atkins to become the SEC chairman, which pushed the bitcoin price to briefly exceed the 0.1 million dollar mark; ③ Eric mentioned that americans want to see efficiency and hope the government does not hinder businesses.
How To Beat The Market When One Of Your Top Stocks Drops 44%
The Container Store Shares to Be Pulled From NYSE
U.S. stocks closed lower: all three major indexes fell, Chinese concept stocks celebrated all night, and the Golden Dragon Index surged by 8.5%.
① The nasdaq china golden dragon index rose by 8.54%, while the ftse china 3x long etf (YINN) increased by 23.78%; ② OpenAI officially launched the AI video generation model Sora; ③ A man involved in the murder case of the insurance giant's CEO in New York was arrested in Pennsylvania; ④ mondelez international is reportedly exploring the acquisition of the usa chocolate producer hershey.