The U.S. and Israel conducted joint strikes in Iran on Saturday. Following the operation, President Trump announced that Supreme Leader Ayatollah Ali Khamenei had been killed.
Margaret Brennan explains what this development could mean for the region and the world.
https://www.cbsnews.com/video/did-trump-start-regional-war-middle-east/
The $300 billion Oracle-OpenAI agreement, announced on September 10, has led to a $315 billion wipeout in Oracle’s market value, resulting in a net negative of $74 billion for the deal. This sharp decline stems from investor concerns over Oracle’s heavy debt reliance and singular focus on OpenAI for future growth. Oracle’s market value plummeted [.] Source:.
https://bitcoinethereumnews.com/tech/oracles-openai-deal-triggers-315-billion-market-loss-amid-debt-risks/
The company outperformed expectations on its bottom line metrics, beating revenue estimates and posting a smaller earnings-per-share (EPS) loss than anticipated.
Revenue reached $56 billion, surpassing the $1.5 billion estimate expected by Wall Street. The EPS loss was $0.65 per share, better than the $0.72 loss expected by Wall Street and the $0.79 loss anticipated by Whisper Number.
This strong performance was driven by an increased buy rate from customers eager to take advantage of the EV tax credit before it expired. As a result, Q3 automotive sales totaled $1.14 billion, up significantly from $0.77 billion in Q3 2024.
The company has stated that it believes Q3 2025 will mark its highest vehicle delivery period of the year.
https://www.shacknews.com/article/146672/rivian-rivn-q3-2025-earnings-results
