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MA

Oracle’s stock rises on hopes for a TikTok deal. But will it finally happen this time?

Investors are betting a TikTok acquisition could diversify Oracle’s revenue beyond its massive AI backlog, but with the deal’s final terms still opaque, the transaction is far from guaranteed.

Investors are betting a TikTok acquisition could diversify Oracle’s revenue beyond its massive AI backlog, but with the deal’s final terms still opaque, the transaction is far from guaranteed.
MarketWatch - Top Stories • Sep 16, 04:29 PM
CAP

Miran set to vote at this week’s Fed meeting. Here’s what to expect on Wednesday.

The Republican-controlled Senate on Monday voted in favor of President Donald Trump’s nominee for Federal Reserve governor, Stephen Miran, ending some of the uncertainty around this week’s Fed meeting that’s widely expected to deliver a cut to interest rates.

The Republican-controlled Senate on Monday voted in favor of President Donald Trump’s nominee for Federal Reserve governor, Stephen Miran, ending some of the uncertainty around this week’s Fed meeting that’s widely expected to deliver a cut to interest rates.
MarketWatch - Top Stories • Sep 16, 02:45 AM
MA

Microsoft Acquires AI Startup for $2.3B

Major tech acquisition signals continued AI investment boom

Microsoft Corporation announced today that it has entered into a definitive agreement to acquire Advanced AI Solutions, a leading artificial intelligence startup, for approximately $2.3 billion in cash. The acquisition is expected to close in the second quarter of 2024, subject to regulatory approvals.
Microsoft News • Sep 15, 10:38 PM
REG

Fed Signals Rate Stability Through Q2

Federal Reserve maintains dovish stance amid economic uncertainty

The Federal Reserve indicated today that interest rates will likely remain stable through the second quarter, citing ongoing economic headwinds and inflation concerns. Chair Powell emphasized the need for continued monitoring of economic indicators.
Federal Reserve • Sep 15, 10:38 PM
CAP

Tesla Stock Surges 8% on Q4 Earnings Beat

Strong delivery numbers and margin improvement drive investor optimism

Tesla Inc. reported fourth-quarter earnings that exceeded analyst expectations, with vehicle deliveries reaching a record high. The company also announced plans to accelerate production of its Cybertruck model.
Tesla Investor Relations • Sep 15, 10:38 PM
RUMOR

Rumor: Apple Considering Major Acquisition

Sources suggest Apple may be evaluating strategic acquisition targets

Industry sources indicate that Apple Inc. is actively evaluating potential acquisition targets in the artificial intelligence and augmented reality sectors. While no specific targets have been confirmed, the company is reportedly seeking to strengthen its position in emerging technologies.
Tech Industry Sources • Sep 15, 10:38 PM