Oracle’s AI bet pays off as cloud momentum helps drive a rosier forecast
Oracle’s AI bet pays off as cloud momentum helps drive a rosier forecast The company saw its backlog grow even more in the latest quarter. Read at source
Finance & markets
Loop Capital Initiates Coverage of Affirm Holdings with Buy Rating
Fintel reports that on September 9, 2026, Loop Capital initiated coverage of Affirm Holdings (NASDAQGS:AFRM) with a Buy recommendation. The company's stock closed at $68.00 on September 10, 2026. This follows a pre-acti…
Popular women's clothing chain closes 177 stores
Popular women’s fashion company Francesca’s will be closing up shop across the country, which includes several locations in Alabama, multiple sources are reporting.
The iPhone Duo enters China’s crowded foldable market — and faces a price test
Apple's first folding phone is getting a tepid response Chinese consumers that are focused more on how much it costs versus existing foldables from domestic rivals.
Crude Oil Prices Soar on Fears US-Iran War to Persist
October WTI crude oil (CLV26) is up +5.67 (+5.90%) on Wednesday, and October RBOB gasoline (RBV26) is up +0.1572 (+4.90%).
Chinese Nvidia rival Enflame soars 206% on stock market debut as AI demand stays hot
Chinese chipmaker Enflame, which is developing domestic alternatives to U.S. rivals like Nvidia, has seen its stock soar 206% after debuting in Shanghai.
Crude Prices Sharply Higher on Global Supply Worries
October WTI crude oil (CLV26) closed up +6.43 (+6.69%) on Thursday, and October RBOB gasoline (RBV26) closed up +0.1826 (+5.69%).
Trump says he has no regrets about starting the Iran war as U.S. dials up economic pressure
U.S. President Donald Trump said he has no regrets about starting the Iran war and added that "If I had it to do again, I would do exactly what I did."
Oracle's stock edges up on earnings beat as cloud infrastructure revenue more than doubles
Oracle shares moved 4% higher in extended trading on Thursday after the software vendor issued stronger-than-expected quarterly results.
Cocoa Prices Gain as Ghana May Raise Farmer Pay
December ICE NY cocoa (CCZ26) closed up +11 (+0.18%) on Thursday, and December ICE London cocoa #7 (CAZ26) closed up +29 (+0.67%).
Chinese AI labs secretly used millions of Claude exchanges to train their models, Anthropic says
Anthropic said it detected and disrupted unauthorized large-scale efforts by China-based AI labs including Alibaba, Moonshot and DeepSeek to train their models using Claude.
RH shares jump after second quarter beat
Pure-play EV stocks are surging past their legacy rivals Wednesday, but no earnings beat or product launch explains the move. The real catalyst traces back to a quiet Treasury Department announcement that rattled the bo…
Ford announces $1 billion investment at Kentucky plant following DOT criticism on China
DETROIT — Ford Motor on Thursday announced a $1 billion investment to build a new paint shop at its crucial Kentucky Truck Plant.
Cotton Posting Midday Gain on Thursday
Cotton futures are getting spillover strength on Thursday, as WTI crude tops $100, with cotton contracts up 66 to 95 points at midday. Crude oil is rallying $5.29 per barrel higher on the session, with the US dollar ind…
Jim Cramer says this is the key force driving stocks right now
CNBC's Jim Cramer said Thursday investors trying to understand the latest pressure on stocks should pay close attention to the 30-year Treasury yield.
Adobe’s latest earnings leave Wall Street wanting more
Adobe, Inc. is a global technology company, which engages in the provision of digital marketing and media solutions. It operates through the following segments: Digital Media, Digital Experience, and Publishing and Adve…
Here are the stocks to favor in the fourth quarter — and those you should avoid
In this episode of The Morning Filter podcast, co-hosts Dave Sekera and Susan Dziubinski cover the latest in the war and the market, the gross domestic product print, and the Fed meeting. They update the stock barbell s…
OpenAI targets work of Wall Street junior bankers with new ChatGPT for Financial Services
OpenAI is taking aim at some of Wall Street's most labor-intensive tasks with a new version of ChatGPT designed to research companies, analyze financial data and generate the presentations that investment bankers rely o…
Dodging the September Slump: Inside the 2026 IPO Rebound
There's no debating that 2026 has been a stellar year thus far for IPO activity, with 331 new filings YTD (as of September 8). Following two years in the deep freeze and a tepid, watching-and-waiting recovery, Wall Stre…
Elon Musk's Boring Co. turns to Middle East for expansion in reaching $23 billion valuation
Between taking SpaceX public in the largest IPO on record and rolling out a fleet of driverless Tesla Cybercabs in Austin, Texas, Elon Musk has also been digging tunnels. His tunneling venture, The Boring Co. announced …
Trump announces $500 Obamacare refunds for nearly 1 million people — here's who qualifies
President Donald Trump announced Thursday that the federal government will issue $500 Obamacare refunds to nearly 1 million people starting in October.
The likelihood of a Fed interest rate hike next week just got a lot higher
A swell of unfriendly factors for inflation likely will push the Federal Reserve to an interest rate hike next week and there's possibly another before the end of the year, judging by market pricing Thursday.
Treasury yields surge toward the danger zone for stocks, as inflation pressures heat up
With global bond yields surging to multi-decade highs, a previously mundane corner of the financial world is now a hot topic on Wall Street.
Apple’s Duo Pricing Reshapes the Bull Case for iPhone Revenue
Apple's first foldable iPhone has landed with a $1,999 price tag, and Wall Street is already divided on whether the device will ignite the kind of upgrade wave the company has been waiting years to see. The iPhone Duo, …