Oracle (ORCL) earnings Q4 2022

Safra Catz, then co-chief executive officer of Oracle Corp., speaks during the Oracle OpenWorld conference in San Francisco on Sept. 20, 2016. David Paul Morris | Bloomberg | Getty Images Oracle shares rose almost 9% in extended trading on Monday after the database software company issued fiscal fourth-quarter results that exceeded analysts’ estimates. Here’s how … Read more

Coinbase plunges more than 14% as bitcoin dives

The logo for Coinbase Global Inc, the largest US cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, US, April 14, 2021. Shannon Stapleton | Reuters Coinbase shares are down more than 14% on Monday morning. Shares were down more than 21% before markets opened. Coinbase makes … Read more

Facebook will start trading under ‘META’ on June 9

The Meta Platforms Inc. pavilion on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Monday, May 23, 2022. Jason Alden | Bloomberg | Getty Images Meta is about to shed the last of its old corporate name. The Facebook-parent company announced Tuesday that it will change its stock ticker symbol … Read more

Europe lambasted for failing to deter Putin’s war

DAVOS, Switzerland – The European Union failed to counter Russian President Vladimir Putin and needs to now strike flexible alliances across the world and search for new friends, current and former leaders told CNBC on a panel at the World Economic Forum. “We are too Euro-centric on this crisis, in the sense we think this … Read more

China signals easing of tech crackdown but do not expect U-turn policy

China has shown signs of easing its crackdown on the technology sector which has wiped billions of dollars of value from its most prominent companies. But analysts said Beijing’s recent positive rhetoric should not be mistaken for a reversal of policy. “I think the big tech companies will have a grace period for maybe the … Read more

Elon Musk says Twitter deal on hold pending details on fake accounts

Elon Musk, during an event at SpaceX headquarters in Hawthorne, California, US, on Thursday, Oct. 10, 2019. Bloomberg / Getty Elon Musk announced Friday that his Twitter deal is on hold until he receives more information about how many fake accounts there are on the social media platform. Twitter’s stock plummeted 18% following the announcement. … Read more