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Oracle CEO Clay Magouyrk, center, speaks on a media tour of the Stargate data center in Abilene, Texas, on Sept. 23, 2025.Kyle Grillot | Bloomberg | Getty ImagesOracle just wrapped up its worst week on Wall Street in 25 years as concerns continue to mount about the software company’s debt load and whether its bet-the-house investment on artificial intelligence will pay off. The stock plummeted 19% this week, dropping at least 2.6% each of the past five days. It’s the steepest weekly drop since a 20% plunge in August 2001, during the depths of the dot-com bust. The past nine…
Nasdaq slumps more than 4.5% for the week as high-flying tech stocks bleed Source link
OpenAI Ceo Sam Altman speaks to journalists after meeting with US House Minority Leader Hakeem Jeffries on Capitol Hill in Washington, DC, on June 3, 2026. Brendan Smialowski | AFP | Getty ImagesOpenAI on Friday announced three new artificial intelligence models and said it’s complying with the U.S. government’s request to initially limit the rollout to a “small group of trusted partners.”The company said in a blog post that it “believes in broad access” and is working to make the models — GPT-5.6 Sol, Terra and Luna — generally available in the coming weeks. OpenAI said it previewed the models’…
The former Foreign Secretary David Miliband has said he is “optimistic” about the prospect of Andy Burnham becoming the next prime minister.Miliband told a think tank event in London on Friday that Burnham, who is widely expected to succeed Sir Keir Starmer as Labour leader and prime minister, has “this openness and energy that I think is very attractive and positive”.He said the expected appointment of the former Labour cabinet minister James Purnell as Burnham’s Downing Street chief of staff was “fantastic”.”I haven’t lost my youthful optimism,” Miliband told an event organised by the Center for Global Development think tank.”Andy…
The Chicago Bulls celebrate during the game after Nikola Vucevic #9 of the Chicago Bulls scores the game winning buzzer beater against the Portland Trail Blazers on Nov. 19, 2025 at the Moda Center Arena in Portland, Oregon. Cameron Browne | National Basketball Association | Getty ImagesWalmart heir Lukas Walton and his wife, Samantha, have acquired a minority stake in the Chicago Bulls and the United Center, the team announced Friday.The transaction involves the purchase of existing stakes from limited partners and does not provide Walton with a path to controlling ownership, the team said. The size of the minority…
Microsoft trapped below $378 after 4% bounce: Live levels Source link
It’s “an exciting advance in efforts to restock the antibiotic arsenal,” Steven Rutherford, a microbial sciences expert at Genentech, wrote in an accompanying commentary piece in Nature. “More broadly, the study provides a road map showing how genome mining can be used to identify new antibacterial natural products and strategies for using them.” The pathway the megacluster’s products attack is one for making biotin, also known as vitamin B7. The nutrient is required for growth and virulence in many human pathogens, and, more specifically, it’s a cofactor that critical metabolic enzymes need to work properly. Some bacteria can scavenge biotin…
Israel’s Ambassador to the U.S. Yechiel Leiter speaks next to U.S. Secretary of State Marco Rubio, State Department Counselor Daniel Holler, and Lebanon’s Ambassador to the U.S. Nada Hamadeh during a meeting at the State Department in Washington, D.C., U.S., June 26, 2026. Ken Cedeno | ReutersSecretary of State Marco Rubio said Friday that Israel and Lebanon had reached a framework agreement aimed at achieving “lasting peace and security.”The agreement, which came as a result of talks mediated by the United States, calls for the implementation of a ceasefire between the two nations.That ceasefire is contingent on a complete cessation…
In an expensive stock market, investors may be hunting for bargains that also pay them to wait for any potential upside. Despite the recent volatility and recent tech sell-off, the broad market remains near all-time highs. In fact, veteran investor Jeremy Grantham told CNBC Friday that “this is the most expensive market in American history.” By buying cheap dividend stocks, investors collect income as they wait for the assets to potentially increase in value. “The case for dividends is as strong as it’s ever been, given the volatility in the markets, given the uncertainty about what the future looks like,…
By Vivian Sequera and Mayela Armas LA GUAIRA/CARACAS, June 26 (Reuters) – The official death toll from twin earthquakes that flattened parts of Caracas and surrounding areas rose to 920, lawmaker Jorge Rodriguez, president of the national assembly, said on Friday. The government has estimated hundreds of people still trapped and missing nearly two days after magnitude 7.2 and 7.5 tremors struck about 160 km (100 miles) west of Caracas. A website set up to take reports of people still unaccounted for had over 50,000 listed as of midday on Friday. The UN’s aid chief gave a similar tally. Foreign…
