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Oracle misses quarterly sales and operating profit estimates, shares decline

Oracle misses quarterly sales and operating profit estimates, shares decline

By Juby Babu and Stephen Nellis Dec 10 (Reuters) - Oracle missed Wall Street estimates for second-quarter revenue and operating profit on Wednesday, a sign that corporate spending on its cloud services may be cooling amid broader concerns of a bubble in the artificial intelligence market.
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Synopsys tops revenue estimates on strong demand for chip design tools

Synopsys tops revenue estimates on strong demand for chip design tools

Dec 10 (Reuters) - Chip design software provider Synopsys beat analysts estimates for fourth-quarter revenue on Wednesday, driven by strong demand for its chip design tools, sending its shares up 5% in extended trading.
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Oracle shares tumble as gloomy forecasts, higher capex reignite AI bubble concerns

Oracle shares tumble as gloomy forecasts, higher capex reignite AI bubble concerns

By Kanchana Chakravarty Dec 11 (Reuters) - Oracle shares slumped nearly 11% in premarket trading on Thursday after downbeat forecasts and higher capex fanned worries that its massive AI investments are taking longer than expected to pay off.
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Adobe sees upbeat annual results on AI, design software strength

Adobe sees upbeat annual results on AI, design software strength

Dec 10 (Reuters) - Adobe forecast fiscal 2026 revenue and profit above Wall Street expectations on Wednesday, signaling strong demand for the Photoshop maker's design tools and increasing monetization for its artificial intelligence offerings. 
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Wall Street futures slide as Oracle's forecast revives AI bubble fears

Wall Street futures slide as Oracle's forecast revives AI bubble fears

Dec 11 (Reuters) - U.S. stock index futures tumbled on Thursday after Oracle's forecasts raised fresh concerns about hefty AI spending and outweighed optimism following a less hawkish tone from the Federal Reserve.
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A sharp drop for Oracle keeps Wall Street in check as most US stocks rise

A sharp drop for Oracle keeps Wall Street in check as most US stocks rise

Most U.S. stocks are rising, but a drop for Oracle is holding Wall Street back as investors question whether its big spending on artificial-intelligence technology will pay off
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Oracle's OpenAI reliance faces scrutiny as debt-fueled AI buildout raises worries

Oracle's OpenAI reliance faces scrutiny as debt-fueled AI buildout raises worries

By Aditya Soni Dec 9 (Reuters) - Months after Oracle's $400 billion-plus contract backlog ignited a stock-market frenzy, the enthusiasm has given way to doubts about its reliance on OpenAI and debt-fueled datacenter buildout, which will dominate its earnings on Wednesday.
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Wall St futures flat as Fed decision looms, Nvidia gains

Wall St futures flat as Fed decision looms, Nvidia gains

Dec 9 (Reuters) - U.S. stock index futures were flat on Tuesday as investors remained cautious a day ahead of a long-anticipated monetary policy decision by the Federal Reserve, while Nvidia gained after the chip giant received approval to sell some of its processors to China.
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World shares are mixed after Wall Street pulls back from its record heights

World shares are mixed after Wall Street pulls back from its record heights

European markets are mixed and Asian shares retreated after U.S. stocks pulled away from their record heights
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Ray-Ban Meta glasses take off but face privacy and competition test

Ray-Ban Meta glasses take off but face privacy and competition test

By Elisa Anzolin and Gianluca Lo Nostro MILAN, Dec 9 (Reuters) - EssilorLuxottica is betting big on smart eyewear and the gamble is about to be tested.
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Asian stocks slip as nervy markets wait for Fed

Asian stocks slip as nervy markets wait for Fed

By Ankur Banerjee SINGAPORE, Dec 9 (Reuters) - Asian stocks fell and the dollar was steady on Tuesday as investors braced for a cut in U.S. interest rates later this week while the yen was calm after a powerful earthquake rocked Japan's northeast region though the impact was limited.
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Wall Street ticks modestly higher as markets await the Fed's last interest rate call of 2025

Wall Street ticks modestly higher as markets await the Fed's last interest rate call of 2025

Wall Street leaned toward tiny gains ahead of a two-day meeting of the Federal Reserve, where officials will make a decision on where to take the central bank’s benchmark interest rate