Mesut Dogan/iStock Editorial via Getty Images The United Arab Emirates announced on Saturday that debris from an intercepted projectile fell on an Oracle ( ORCL ) building in Dubai, marking the latest Western tech firm to incur damages due to the ongoing war in the Middle East. Earlier this week, Iran’s Islamic Revolutionary Guard Corps threatened to target multiple U.S. tech firms operating in th...
Mesut Dogan/iStock Editorial via Getty Images The United Arab Emirates announced on Saturday that debris from an intercepted projectile fell on an Oracle ( ORCL ) building in Dubai, marking the latest Western tech firm to incur damages due to the ongoing war in the Middle East. Earlier this week, Iran’s Islamic Revolutionary Guard Corps threatened to target multiple U.S. tech firms operating in the Middle East, including Oracle ( ORCL ), in retaliation for U.S. and Israeli strikes on the country. The IRGC listed 18 companies as “legitimate targets” and urged employees to leave their workplaces. "Authorities confirm that they responded to a minor incident caused by debris from an aerial interception that fell on the facade of the Oracle building in Dubai Internet City,” the Dubai media office said in a statement, adding that there were no injuries. In early March, Iranian drone strikes damaged Amazon Web Services ( AMZN ) data centers in the UAE, causing outages in apps and digital services in the country. More on Oracle Oracle: Building Immunity To 'SaaSpocalypse' As It Lives Up To Its AI Potential Oracle: Funding AI Capacity With Layoffs Wall Street Lunch: Huang, Zuckerberg, Ellison Join Trump's Tech Council Iran threatens attacks on Nvidia, Apple and other tech majors: report Oracle begins laying off employees to support AI buildout: report
Mesut Dogan/iStock Editorial via Getty Images The United Arab Emirates announced on Saturday that debris from an intercepted projectile fell on an Oracle ( ORCL ) building in Dubai, marking the latest Western tech firm to incur damages due to the ongoing war in the Middle East. Earlier this week, Iran’s Islamic Revolutionary Guard Corps threatened to target multiple U.S. tech firms operating in th...
Mesut Dogan/iStock Editorial via Getty Images The United Arab Emirates announced on Saturday that debris from an intercepted projectile fell on an Oracle ( ORCL ) building in Dubai, marking the latest Western tech firm to incur damages due to the ongoing war in the Middle East. Earlier this week, Iran’s Islamic Revolutionary Guard Corps threatened to target multiple U.S. tech firms operating in the Middle East, including Oracle ( ORCL ), in retaliation for U.S. and Israeli strikes on the country. The IRGC listed 18 companies as “legitimate targets” and urged employees to leave their workplaces. "Authorities confirm that they responded to a minor incident caused by debris from an aerial interception that fell on the facade of the Oracle building in Dubai Internet City,” the Dubai media office said in a statement, adding that there were no injuries. In early March, Iranian drone strikes damaged Amazon Web Services ( AMZN ) data centers in the UAE, causing outages in apps and digital services in the country. More on Oracle Oracle: Building Immunity To 'SaaSpocalypse' As It Lives Up To Its AI Potential Oracle: Funding AI Capacity With Layoffs Wall Street Lunch: Huang, Zuckerberg, Ellison Join Trump's Tech Council Iran threatens attacks on Nvidia, Apple and other tech majors: report Oracle begins laying off employees to support AI buildout: report
Fans and cosplayers flooded an intellectual property (IP) festival that debuted in Hong Kong on Saturday, featuring pop culture exports such as the hit franchise Godzilla as well as local designs and trademarks. Long queues formed at Con-Con Hong Kong 2026, a two-day event at AsiaWorld-Expo bringing together exhibitions, music performances, licensing showcases and IP business matching opportunitie...
Fans and cosplayers flooded an intellectual property (IP) festival that debuted in Hong Kong on Saturday, featuring pop culture exports such as the hit franchise Godzilla as well as local designs and trademarks. Long queues formed at Con-Con Hong Kong 2026, a two-day event at AsiaWorld-Expo bringing together exhibitions, music performances, licensing showcases and IP business matching opportunities. Visitors stocked up on exclusive merchandise at booths and took pictures of the latest figurine...
Delta, American and United are three of the largest airlines in the world Wenjie Zheng/iStock Editorial via Getty Images Delta Air Lines ( DAL ) is scheduled to kick off the U.S. airline earnings season on Wednesday April 8. The stock market and particularly the airline industry has been whipsawed by every news item that has come out about the war between the U.S. and Israel against Iran. Regardle...
Delta, American and United are three of the largest airlines in the world Wenjie Zheng/iStock Editorial via Getty Images Delta Air Lines ( DAL ) is scheduled to kick off the U.S. airline earnings season on Wednesday April 8. The stock market and particularly the airline industry has been whipsawed by every news item that has come out about the war between the U.S. and Israel against Iran. Regardless of what happens in the near term with the war, there have already been significant impacts to the availability and cost of petroleum including refinery products, with diesel and jet fuel being particularly hard hit. Against that backdrop, DAL will, once again, lead the industry earnings reporting cycle and provide insight into not just the first quarter of 2026 – esp. since the war started with two-thirds of that quarter completed – but also provide guidance as to how they expect the second quarter and the remainder of the year to play out. Delta Air Lines distinctives (ir.delta.com) First, let’s review DAL’s performance for the fourth quarter and full year 2025. For the latest quarter, Delta beat on both GAAP earnings and revenue. For 2025, DAL reported a 9.8% pre-tax margin, or 33% more pre-tax income, on $63.4 billion of revenue, the highest for any airline in the world. Operating cash flow was $8.3 billion with $14.1 billion in total debt and financial lease obligations. 2025 was a good year for Delta and its financial position to the rest of the U.S. airline industry improved; Delta execs note that they account for 55% of the profits of the U.S. airline industry. DAL 2025 earnings summary (ir.delta.com) A strong demand environment Delta provided strong guidance for the first quarter when it reported its 4 th quarter and full year 2025 earnings. At that time, its guidance for 2026 was earnings per share growth of 20% at the midpoint over 2025 levels. Delta as well as a number of other airlines presented at the JP Morgan Industrials conference on March 17 which provid...