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* Aggressive Stock Split: Netflix has implemented a 10-for-1 stock split, a move widely interpreted as a strong signal of management's confidence in the company's future growth prospects. * Recent Financial Wobble: The split comes after a disappointing third quarter, where an unexpected one-time tax expense resulted in
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* SoFi Technologies is launching a share sale to raise $1.5 billion in fresh capital. * The offering price is set at a discount, ranging from $27.50 to $28.50 per share. * This fundraising effort is a strategic move to help the company diversify its product offerings beyond its core
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* Meta has hired Alan Dye, Apple's high-profile head of user interface design, in a significant talent acquisition. * The move is a clear indicator of Meta's aggressive strategy to bolster its development of AI-powered consumer hardware. * Dye has been a key figure at Apple, leading its UI
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* Unbeatable Price: Get a full year of the HBO Max ad-supported plan for just $36, which breaks down to an incredible $3 per month. * Massive Savings: This Black Friday special represents a huge discount from the usual $11 per month fee, saving you over 70% annually. * Limited-Time Offer: This deal
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* Massive Cash Burn: Oracle is spending billions in an aggressive pivot to become an AI cloud-computing giant, a move that is rapidly depleting its cash reserves. * Surging Debt Concerns: The company may need to issue an additional $65 billion in bonds, pushing its debt to levels that are making credit
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* Uber's ride volume has skyrocketed by an astonishing 50%, signaling a massive rebound in the ride-sharing industry. * The surge has directly impacted UBER stock, which stands at $83.87, with analysts maintaining a bullish, "Buy" consensus. * Key drivers for this growth include a significant post-pandemic increase
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* Shocking Reversal: The Dow Jones Industrial Average experienced a wild 1,100-point swing, wiping out a 700-point gain to close nearly 400 points down. * Dual Fears Resurface: Initial optimism from Nvidia's strong earnings and a seemingly positive jobs report quickly soured into fears about an AI bubble and
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* Oracle's stock value has taken a significant hit after its latest financial report failed to live up to the AI-driven hype. * Revenue growth in the company's critical cloud infrastructure (OCI) unit has been slower than Wall Street anticipated, despite high demand for AI services. * The company&
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* Senator Tommy Tuberville sold between $15,001 and $50,000 worth of Oracle (ORCL) stock, a filing revealed. * The sale coincides with a larger trend of significant insider selling, with executives offloading over $60 million in shares last quarter. * Oracle recently posted quarterly results that narrowly missed analyst expectations for
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* SpaceX is resuming early evening launches after the FAA lifted restrictions that pushed commercial flights late into the night. * The first mission under the new schedule is Starlink 6-94, launching 29 satellites from Cape Canaveral at 7:12 p.m. EST. * The previous restrictions were a result of staffing issues
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* The Dow Jones Industrial Average plummeted by more than 580 points as concerns over an artificial intelligence bubble intensified. * The S&P 500 recorded its fourth consecutive day of losses, highlighting a widespread market retreat. * Key tech stocks, including AI-darling Nvidia, fell despite major partnership news, signaling a significant
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Key Highlights of the Acquisition * Massive Investment: Johnson & Johnson has agreed to acquire Halda Therapeutics in an all-cash deal valued at a staggering $3.05 billion. * Strategic Expansion: The acquisition is a calculated move by J&J to significantly strengthen its portfolio in precision oncology, particularly for treating