Oracle ORCL has generated significant investor enthusiasm in 2026, fueled by management's ambitious forward-looking targets and an AI infrastructure demand environment that continues to support accelerating cloud revenue growth. ORCL shares have returned 32% over the past three months, outperforming the Zacks Computer and Technology sector and the Zacks Computer - Software industry. The company ra...
Oracle ORCL has generated significant investor enthusiasm in 2026, fueled by management's ambitious forward-looking targets and an AI infrastructure demand environment that continues to support accelerating cloud revenue growth. ORCL shares have returned 32% over the past three months, outperforming the Zacks Computer and Technology sector and the Zacks Computer - Software industry. The company raised its fiscal 2027 revenue guidance to $90 billion, as AI compute and inferencing demand continues to outpace available supply — a structural tailwind it expects to sustain strong revenue growth across the medium and long term. ORCL Outperforms Sector In 3-Months Image Source: Zacks Investment Research A Record-Breaking Quarter Validates the Strategy Fiscal third-quarter 2026 results, reported March 10, 2026, offered strong evidence that Oracle's cloud and AI investments are converting to revenues at scale. Total revenues rose 22% in U.S. dollars to $17.2 billion — the first quarter in over 15 years where both organic total revenues and non-GAAP earnings per share each grew at 20% or more in USD. Cloud revenues climbed 44% in USD to $8.9 billion, with Cloud Infrastructure revenues surging 84% to $4.9 billion, while Cloud Application revenues reached $4.0 billion, up 13%. Non-GAAP earnings per share came in at $1.79, beating guidance, and GAAP net income reached $3.7 billion. Non-GAAP operating income grew 19% to $7.4 billion. Multicloud database revenues soared 531% year over year, and Remaining Performance Obligations ended at $553 billion, up 325% and $29 billion higher sequentially. Fusion Cloud ERP grew 17%, and NetSuite Cloud ERP expanded 14%. These third-quarter results broadly beat management's expectations across key metrics. For fiscal fourth-quarter 2026, Oracle guided total revenues to grow between 19% and 21% in USD, with cloud revenues projected to expand 46% to 50% in USD and non-GAAP EPS of $1.96 to $2. Oracle also maintained its fiscal 2026 revenue target ...
In a warehouse or factory, spatial computing can be used to run simulations and work out potential problems before building the facility in the real world, according to HRD. Or leveraging digital twins, researchers from around the world can gather in a virtual environment to interact with molecular structures and simulate new drug compounds in real time. Take the operating room for one example. Wi...
In a warehouse or factory, spatial computing can be used to run simulations and work out potential problems before building the facility in the real world, according to HRD. Or leveraging digital twins, researchers from around the world can gather in a virtual environment to interact with molecular structures and simulate new drug compounds in real time. Take the operating room for one example. With spatial computing a surgeon in one location can guide a nurse in a different location through a complex procedure using augmented reality, said Burrus. Burrus Research CEO Daniel Burrus reportedly told HRD that most "compelling use cases" for spatial computing are showing up in a handful of industries including healthcare, manufacturing, engineering, defense and training environments. That's because it enables access to real-time data, remote collaboration and a risk-free environment to test and master complex and high-cost procedures. With spatial computing, workers are able to interact with digital objects as if they were in a physical space. While the technology hasn't landed on human resources departments' radars yet, it is moving from the experimental phase to real-world applications, HRD reported. Known as spatial computing, it melds AI , augmented reality, virtual reality, mixed reality, digital twins and wearable interfaces, to integrate both the physical and digital environment in real time. While that may have killed Zuckerberg’s dream of a working world in which employees become avatars in virtual boardrooms, it hasn't stopped a new approach to how we work from emerging. Think the biggest tech gains happen after an IPO? Click here to see why some investors are looking at opportunities before companies go public. But four years after changing its name to Meta, the company began scaling back its VR ambitions to pivot toward artificial intelligence in January, according to media report s. Zuckerberg's Metaverse was supposed to transform the way we work, melding V...
There are, by all appearances, more than enough dollars flowing into Argentina for the country to fulfill its pledge to replenish its depleted foreign reserves. Each week, they pour in, the result of factors such as a boom in commodity exports and corporate bond sales. The problem, analysts say, is that accumulating reserves swells the supply of pesos in the economy and could, in turn, exacerbate ...
There are, by all appearances, more than enough dollars flowing into Argentina for the country to fulfill its pledge to replenish its depleted foreign reserves. Each week, they pour in, the result of factors such as a boom in commodity exports and corporate bond sales. The problem, analysts say, is that accumulating reserves swells the supply of pesos in the economy and could, in turn, exacerbate a recent pickup in inflation. This makes top aides in President Javier Milei ’s administration nervous. Their biggest policy achievement has been the taming of hyperinflation, and the last thing they want to see is for prices to start soaring again. That creates a quandary for the central bank: Ideally, officials would prefer to amass reserves at a slower pace. The bank has already added some $3 billion in gross reserves this year, putting it on track to hit objectives agreed on with the International Monetary Fund. The bank’s officials are confident that dollar inflows will remain robust enough to allow them to ratchet purchases back up later in the year, according to a person familiar with the matter who asked not to be identified. For now, however, policymakers are constrained by the lack of genuine demand for pesos in an economy dogged by uneven growth . Wage growth, when adjusted for inflation, remains weak, loan delinquency rates are rising and banks are becoming more selective about who they lend to. Although Milei has been flagging signs of recovery since the beginning of the year, Economy Minister Luis Caputo said in a local radio interview this week that the economy should start to accelerate in May and June. Policymakers, as a result, risk exacerbating the inflation spike if they print more pesos — through their dollar purchases — than the economy needs. While the central bank’s daily dollar purchases are down this month to an average of $124 million from $138 million in April, they have picked up over the last few days, according to data published on its website...
Welcome to Bloomberg’s Texas Edition — covering all the industries and people driving America’s second-largest economy, from finance and oil to tech and sports. Join us each week for an inside look at Texas through a Bloomberg lens. Sign up here if you’re not already on the list. Texas Bureau Chief Julie Fine is on assignment this week, so we’ll start by talking about a whale, not Buffalo (sports)...
Welcome to Bloomberg’s Texas Edition — covering all the industries and people driving America’s second-largest economy, from finance and oil to tech and sports. Join us each week for an inside look at Texas through a Bloomberg lens. Sign up here if you’re not already on the list. Texas Bureau Chief Julie Fine is on assignment this week, so we’ll start by talking about a whale, not Buffalo (sports). The Texas Permanent School Fund is a $60 billion behemoth with a portfolio that includes 13 million acres of public lands and mineral rights. It’s also the mystery buyer of more than 29 million shares of the State Street IG Public & Private Credit ETF, a stake totaling about $740 million, Bloomberg’s Emily Graffeo and Laura Benitez reported . The fund helps finance K-12 public schools in Texas and distributed $4.8 billion for the 2026 and 2027 academic years. Big institutional buyers like the PSF haven’t historically been the target audience for these types of ETFs, which are usually more popular among individual investors and advisers who want some exposure to private credit. The State Street ETF, which trades under the ticker PRIV, debuted last year to a lukewarm response from investors. The PSF turned that around, boosting the fund’s assets more than eightfold. Until the PSF disclosed its holdings in a filing last week, State Street had identified the buyer only as a “large client.” The PSF, which is based in Austin, didn’t immediately respond to a request for comment. The Texas investment makes up 87% of the State Street ETF, according to Bloomberg Intelligence analyst James Seyffart. “It’s not unheard of for a large fund to have what we refer to as an ‘anchor tenant’ investor, but this is particularly large,” he said. “As a fund company you have to worry about them exiting as quickly as they entered.” The Fine Line President Donald Trump finally weighed in on the bruising and costly Republican Senate primary, endorsing Texas Attorney General Ken Paxton over incumbent...
Presented by Veriff Americans can’t reliably distinguish real from AI-generated content, and that’s not just a media literacy problem; it’s a direct threat to how businesses verify identity online. New research finds that while many people are aware of deepfakes, their ability to distinguish them from reality is barely better than a coin flip. A 2026 survey conducted by Veriff and Kantar among 3,0...
Presented by Veriff Americans can’t reliably distinguish real from AI-generated content, and that’s not just a media literacy problem; it’s a direct threat to how businesses verify identity online. New research finds that while many people are aware of deepfakes, their ability to distinguish them from reality is barely better than a coin flip. A 2026 survey conducted by Veriff and Kantar among 3,000 respondents in the United States, the United Kingdom, and Brazil shows Americans scoring just 0.07 on a scale where 0 represents random guessing. If people can’t distinguish authentic visual content, they can’t reliably distinguish authentic identities. In practice, that means the same users interacting with digital services are often unable to tell whether the person on the other side of a screen is real. That ineffectiveness has direct consequences for every digital business that relies on image- and video-based identity verification to confirm who is on the other side of a screen. That includes everything from customer bank onboarding and account recovery to marketplace seller verification, high-value ecommerce transactions, social platform authentication, and enterprise access control. In the U.S., those consequences are already material — synthetic identity fraud now accounts for billions in annual losses, and the tools to generate convincing fakes are now widely accessible. The report also identifies a small but high-risk cohort: the roughly 7% of users who perform poorly at detecting deepfakes, yet remain confident in their ability and rarely verify what they see. While this is small as a percentage, at scale it represents millions of accounts that are highly exploitable targets for fraud. If users can’t reliably distinguish real from synthetic identities, then any system that depends on visual verification is fundamentally exposed. Identity verification can no longer be treated as a compliance function; instead, it has to be built as core digital infrastructure. ...
Every MFA check passed. Every login was legitimate. The compliance dashboard was green across every identity control. And the attacker was already inside, moving laterally through Active Directory with a valid session token, escalating privileges on a trajectory toward the domain controller. This is the scenario playing out inside enterprises that invested heavily in authentication and assumed the...
Every MFA check passed. Every login was legitimate. The compliance dashboard was green across every identity control. And the attacker was already inside, moving laterally through Active Directory with a valid session token, escalating privileges on a trajectory toward the domain controller. This is the scenario playing out inside enterprises that invested heavily in authentication and assumed the job was done. The credential was real. The multi-factor challenge was answered correctly. The system performed exactly as designed. It authenticated the user at the front door and never looked again. The breach didn't bypass MFA. It started after MFA succeeded. Authentication proves identity at a single point in time. Then it goes blind. Everything that follows, the lateral movement, the privilege escalation, the quiet exfiltration through Active Directory, falls outside what MFA was ever designed to see. A CIO found the gap in production Alex Philips, CIO at NOV, identified the gap through operational testing . "We found a gap in our ability to revoke legitimate identity session tokens at the resource level. Resetting a password isn't enough anymore. You have to revoke session tokens instantly to stop lateral movement," he told VentureBeat. What Philips found wasn't a misconfiguration. It was an architectural blind spot that exists in nearly every enterprise identity stack. Once a user authenticates successfully, the resulting session token carries that trust forward without reassessment. The token becomes a bearer credential. Whoever holds it, attacker or employee, inherits every permission associated with the session. NOV's investigation confirmed that identity session token theft is the vector behind the most advanced attacks they track, driving the team to tighten identity policies, enforce conditional access, and build rapid token revocation from the ground up. Average e-crime breakout time dropped to 29 minutes in 202 5, with the fastest recorded breakout clocked at...
"People think that somehow being anti-business is going to help the city, it’s not." JPMorgan CEO Jamie Dimon criticized plans by New York Mayor Zohran Mamdani to place more taxes on the rich. (Source: Bloomberg)
"People think that somehow being anti-business is going to help the city, it’s not." JPMorgan CEO Jamie Dimon criticized plans by New York Mayor Zohran Mamdani to place more taxes on the rich. (Source: Bloomberg)
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)
308 pages of rockets, brain chips, $60 billion in liabilities, and a CEO who the company admits doesn't actually work there full time. Welcome to the most Elon IPO ever.
308 pages of rockets, brain chips, $60 billion in liabilities, and a CEO who the company admits doesn't actually work there full time. Welcome to the most Elon IPO ever.
Turkish state lenders sold about $6 billion to defend the lira on Thursday, about half shortly after a court decision that removed the main opposition party’s leadership, according to traders familiar with the transactions. The foreign-exchange sales slowed later in the session after an initial heavy bout of selling, the traders added, asking not to be identified. State banks in Turkey routinely s...
Turkish state lenders sold about $6 billion to defend the lira on Thursday, about half shortly after a court decision that removed the main opposition party’s leadership, according to traders familiar with the transactions. The foreign-exchange sales slowed later in the session after an initial heavy bout of selling, the traders added, asking not to be identified. State banks in Turkey routinely step in to defend the currency during periods of market volatility on behalf of the central bank. The latest interventions mark the biggest such step since Turkey’s foreign reserves declined by $43.4 billion in March — the largest monthly drop on record — as the Iran war triggered global selloffs in emerging-market assets and piled pressure on the lira. The central bank typically does not announce the interventions and did not respond to a request for comment on Thursday’s sales. Read More: Turkey Court Unseats Opposition Head, Triggering Market Rout Turkish equities slumped as well, with the benchmark Borsa Istanbul 100 Index tumbling 6.1% at the close. The selloff was severe enough to trigger a market-wide circuit breaker. Risk indicators deteriorated, with Turkey’s five-year credit default swaps climbing 12 basis points to 253 basis points, signaling rising investor concern over the country’s outlook. The lira was little changed at 45.6133 per dollar as of 7:25 p.m. in Istanbul. The arrest last year of opposition Istanbul Mayor Ekrem Imamoglu , seen as the biggest political rival to President Recep Tayyip Erdogan , forced authorities to spend more than $50 billion of reserves to stem the fallout.
Drive north from New York City and into the Hudson valley. Take Exit 17 and follow Route 7 as it heads south along the river, past the abandoned shipyard and the aptly named Cadet Motel. Hang a left after a few miles, wind up a long driveway and you’ll arrive at New York Military Academy. It’s open, barely. Hundreds of students used to attend this place, but that number has dwindled to a few dozen...
Drive north from New York City and into the Hudson valley. Take Exit 17 and follow Route 7 as it heads south along the river, past the abandoned shipyard and the aptly named Cadet Motel. Hang a left after a few miles, wind up a long driveway and you’ll arrive at New York Military Academy. It’s open, barely. Hundreds of students used to attend this place, but that number has dwindled to a few dozen; most of the 50 or so buildings on campus have fallen into disrepair and many seem entirely abandoned. Come here after dark and you’ll start to feel a little uneasy. A bit further down the main drive, past the boarded-up houses where faculty and staff used to live, there’s a forlorn soccer field. The school hasn’t fielded a team for years, but this place holds some importance. On it, Donald Trump took some of his first steps toward becoming what some have called the United States’ first “soccer president”. It’s a title affixed to Trump in no small part because he was in office in 2018 when the US, along with Canada and Mexico, was awarded the 2026 World Cup. Somewhat unexpectedly, he’ll also be in office when the tournament kicks off this summer. He has welcomed international and domestic club teams to the White House and presented the Club World Cup trophy to Chelsea last summer before awkwardly lingering around on stage. Cristiano Ronaldo, Wayne Rooney and Lionel Messi have all visited with Trump; the latter was made into wallpaper while Trump went on a rant about the war in Iran. Fifa’s president Gianni Infantino at times seems glued to the US president. View image in fullscreen A photo of the New York Military Academy soccer team, featuring Donald Trump. Photograph: courtesy of Pablo Maurer It’s debatable whether Trump truly cares about the sport itself or simply likes the attention it brings him. But it’s a fact that in 1963/64, his senior year of high school at NYMA, Trump played on the school’s soccer team. Peter Ticktin, a teammate of Trump’s who sometimes describe...
hapabapa Eli Lilly ( LLY ) shares are in the green on Thursday after the Indiana-based drugmaker posted late-stage trial results indicating that retatrutide, its next-gen obesity therapy, caused up to 28% weight loss on average over 80 weeks . The once-weekly injectable belongs to an emerging class of obesity therapies developed by companies including Lilly’s ( LLY ) main rival, Novo Nordisk ( NVO...
hapabapa Eli Lilly ( LLY ) shares are in the green on Thursday after the Indiana-based drugmaker posted late-stage trial results indicating that retatrutide, its next-gen obesity therapy, caused up to 28% weight loss on average over 80 weeks . The once-weekly injectable belongs to an emerging class of obesity therapies developed by companies including Lilly’s ( LLY ) main rival, Novo Nordisk ( NVO ), targeting GIP, GLP-1, and glucagon triple hormone receptors. They are believed to cause greater weight loss compared to GLP-1 agonists such as Novo’s ( NVO ) semaglutide and Lilly’s ( LLY ) dual GIP/GLP-1 receptor co-agonist, tirzepatide, marketed as Wegovy and Zepbound for weight loss, respectively. The triple agonists gained attention after Novo ( NVO ) posted late-stage trial data in February, indicating that its next-gen weight loss therapy, CagriSema, a combination of semaglutide and amylin analog, cagrilintide, trailed LLY’s Zepbound in a Phase 3 trial. Novo’s ( NVO ) triple agonist UBT251, developed in partnership with China’s United Laboratories ( ULIHF ), has yet to reach late-stage development. However, in two Phase 2 trials for Chinese patients with type 2 diabetes and obesity or overweight, the once-weekly injectable has caused up to 10% and 20% weight loss on average over 24 weeks, respectively, according to data readouts this year. UBT251 also indicated a safety and tolerability profile consistent with findings from clinical trials for other gut-hormone-based therapies, Novo ( NVO ) and United Laboratories ( ULIHF ) said without disclosing additional data. Retatrutide showed a largely similar tolerability profile, according to Thursday's readout from Lilly's ( LLY ) TRIUMPH-1 Phase 3 study, which enrolled more than 2,000 obese or overweight adults with at least one weight-related condition, excluding diabetes. However, as many as 11% of patients who received the drug at the highest 12 mg dose discontinued due to adverse events such as nausea, vomiting, and...