Finance

Oracle’s stock skyrocketed. Jefferies analysts say there could be even more room to run.

Oracle’s stock skyrocketed. Jefferies analysts say there could be even more room to run.

Oracle office in Santa Monica, CaliforniaRichard Vogel/AP Oracle’s stock surged 36% after reporting record future revenue obligations. Jefferies sees more upside, lifting its stock ...

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Inflation ticks up in August, complicating Fed’s rate cut path

Inflation ticks up in August, complicating Fed’s rate cut path

Inflation edged higher in August, government data showed Thursday, as investors looked for signs of how much President Trump’s tariffs are filtering into consumer prices and what that means for h...

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OPEC sticks to oil demand forecasts, says economy doing well

OPEC sticks to oil demand forecasts, says economy doing well

LONDON (Reuters) -OPEC made no changes on Thursday to its relatively high global oil demand growth forecasts for this year and next, and said the world economy was maintaining a solid growth tren...

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M&S’ digital chief exits months after damaging hack

M&S’ digital chief exits months after damaging hack

(Reuters) -Marks & Spencer’s chief digital and technology officer is stepping down from her role, months after a cyberattack crippled its online operations, the British retailer said on...

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Lovesac: Fiscal Q2 Earnings Snapshot

Lovesac: Fiscal Q2 Earnings Snapshot

STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — The Lovesac Company (LOVE) on Thursday reported a loss of $6.7 million in its fiscal second quarter. On a per-share basis, the Stamford, Connecticut-...

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Italy’s Leonardo improves 2025 guidance on orders, cash, net debt

Italy’s Leonardo improves 2025 guidance on orders, cash, net debt

ROME (Reuters) -Italy’s aerospace and defence group Leonardo on Wednesday improved its 2025 guidance for orders, free cash flow and net debt, after posting “solid” results for t...

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