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/
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Rivian (RIVN) Q3 2025 earnings results beat revenue estimates on smaller loss than expected
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