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Oracle Rises After Cloud Revenues Beat Thanks To Massive CapEx, Soaring Debt

Oracle Rises After Cloud Revenues Beat Thanks To Massive CapEx, Soaring Debt Earnings season may be over, but the occasional earnings reports are still trickling through, and moments ago we got the latest off-season report from the most indebted company in AI, Oracle, which reported adjusted revenue for the first quarter that beat the average analyst estimate, and which helped push the stock higher, but just barely above where it opened.  Here's what ORCL reported moments ago for its fiscal first quarter: Adjusted revenue $19.35 billion, +30% y/y, beating estimates of...
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May 27, 2026 / Tyler Durden
Hamas Confirms Death Of Its Top Military Commander In IDF Gaza Strike
Hamas Confirms Death Of Its Top Military Commander In IDF Gaza Strike Israel's military has just taken out a high-value target, with the confirmed death of the commander of Hamas's military wing, Mohammed Odeh. He was targeted in a a strike on the Gaza Strip Tuesday, in an operation which injured dozens more bystanders, given a residential building in a very busy market area of Gaza City was obliterated. via MSN However, the IDF and Shin Bet security service sought to explain that Odeh used the civilian residential buildings as a hideout, but that his...
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May 31, 2026 / Tyler Durden
Non-English-Speaking Bus Driver Faces Manslaughter Charges After Horror Virginia Crash Kills Entire Family
Non-English-Speaking Bus Driver Faces Manslaughter Charges After Horror Virginia Crash Kills Entire Family A commercial bus driver, who federal officials say could not speak English, faces two counts of involuntary manslaughter, with additional charges likely, after his charter bus plowed into vehicles on a Virginia highway Friday morning, killing five people, including an entire Greenfield, Massachusetts, family of four. The New York Post reports that Virginia State Police revealed the 48-year-old bus driver, Jing S. Dong, was charged with two counts of involuntary manslaughter and will likely face additional charges after...
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Jun 25, 2026 / Tyler Durden
Generational Crisis! Nearly A Third Of US Adults Under 35 Are Still Living With Their Parents
Generational Crisis! Nearly A Third Of US Adults Under 35 Are Still Living With Their Parents Authored by Michael Snyder via The Economic Collapse blog, Americans that are over the age of 55 control approximately 73 percent of all wealth in the United States. Americans that are age 55 or younger control just 27 percent of all wealth in the United States. Never before in history has there been a generational divide of this magnitude. One of the reasons why there is such a generational divide is because housing has become so insanely...
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