Finance

Adobe: Fiscal Q3 Earnings Snapshot

Adobe: Fiscal Q3 Earnings Snapshot

SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Adobe Systems Inc. (ADBE) on Thursday reported fiscal third-quarter profit of $1.77 billion. On a per-share basis, the San Jose, California-based c...

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Wall Street is funding Oracle’s massive AI power play

Wall Street is funding Oracle’s massive AI power play

For most of its life, Oracle has sold software and swagger. This week’s earnings changed the register. On the call, the company pointed to a contract book swollen to the hundreds of billions and...

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Tariffs revenue neared $30 billion this August — the first month of Trump’s full ‘reciprocal tariff regime

Tariffs revenue neared $30 billion this August — the first month of Trump’s full ‘reciprocal tariff regime

President Trump’s tariffs continued to add billions to US coffers as the summer ended with customs duties bringing in about $29.5 billion in August. The final data for the month — released ...

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Watch These Broadcom Price Levels After Stock’s Recent Rally on AI Optimism

Watch These Broadcom Price Levels After Stock’s Recent Rally on AI Optimism

Source: TradingView.com Broadcom shares rallied to a record high this week as the chipmaker positions itself as a key competitor to AI favorite Nvidia. The relative strength index warns ...

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Fannie Mae, Freddie Mac may sell shares to investors in 2025

Fannie Mae, Freddie Mac may sell shares to investors in 2025

Commerce Secretary Howard Lutnick on Thursday opened the door to allowing investors to buy shares in government-owned housing giants by the end of the year. “Do I think it’s going to ...

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