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Oracle soars 30% on cloud growth projections even as earnings miss estimates

cnbc.com Jordan Novet 2025-10-05 22:31:27

Oracle shares spiked 30 % Wednesday after the database software maker indicated hefty growth prospects due to new cloud contracts, even as earnings and revenue missed estimates. Here's how the company did in comparison with LSEG consensus: Earnings per share: $1.47 adjusted vs. $1.48 expected $1.47 adjusted vs. $1.48 expected Revenue: $14.93 billion vs. $15.04 billion expected Revenue increased 12% from $13.3 billion a year earlier during the quarter, which ended on Aug. 31, according to a s

Topics: billion cloud oracle quarter revenue

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May Mobility and Lyft's Self-Driving Partnership Hits the Road in Atlanta

cnet.com See Full Bio 2025-10-05 22:00:03

Table of Contents May Mobility and Lyft's Self-Driving Partnership Hits the Road in Atlanta Lyft and May Mobility kicked off their self-driving partnership in Atlanta on Wednesday. As part of a pilot program, riders in the area can summon a vehicle equipped with May Mobility's autonomous driving technology directly through the Lyft app, "with plans to expand service hours and vehicle availability in the months ahead," the companies said in a release. Lyft customers in Atlanta could be matched

Topics: driving lyft mobility service vehicle

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Spotify adds lossless streaming after 8 years of teasing

theverge.com Terrence O'Brien 2025-10-06 07:00:00

It’s been a long time coming but Spotify is finally getting lossless audio. Rumors have been circulating about a high-fidelity offering since as early as 2017. In 2021, Spotify claimed it was “coming later this year.” And by May of 2024 it was “almost ready.” So, when rumors started picking up again in June of this year, they were met with skepticism, especially amid announcements over the launch of features nobody was asking for, like direct messaging. Well, it’s here. For real. And there’s so

Topics: audio bit lossless music spotify

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Robinhood embraces copy trading after warning competitors about regulatory risks

techcrunch.com Connie Loizos 2025-10-06 05:17:09

What a difference a changing regulatory environment makes. Roughly nine months after suggesting that a young copy trading platform could only operate because it flew “under the radar” of regulators, Robinhood has announced its own entry into the space with “Robinhood Social,” a new feature that will allow users to follow and manually replicate the trades of prominent investors. The move represents a striking about-face for the online brokerage, which has historically been cautious about featur

Topics: copy dub robinhood trading users

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'We're all kind of in shock.' Oracle's revenue projections leave analysts slack-jawed

cnbc.com Ari Levy 2025-10-06 06:51:37

Oracle Chair and Chief Technology Officer Larry Ellison speaks at the Oracle OpenWorld conference in San Francisco on Sept. 16, 2019. John DiFucci from Guggenheim Securities said he was "blown away." TD Cowen's Derrick Wood called it a "momentous quarter." And Brad Zelnick of Deutsche Bank said, "We're all kind of in shock, in a very good way." That's how the analysts opened their comments and questions during Oracle's quarterly earnings call on Tuesday, as the company's stock price was in the

Topics: billion cloud earnings oracle said

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Oracle pops 27% on cloud growth projections even as earnings miss estimates

cnbc.com Jordan Novet 2025-10-06 18:48:54

Oracle shares spiked 27% in extended trading on Tuesday after the database software maker indicated hefty growth prospects due to new cloud contracts, even as earnings and revenue missed estimates. Here's how the company did in comparison with LSEG consensus: Earnings per share: $1.47 adjusted vs. $1.48 expected $1.47 adjusted vs. $1.48 expected Revenue: $14.93 billion vs. $15.04 billion expected Revenue increased 12% from $13.3 billion a year earlier during the quarter, which ended on Aug.

Topics: billion cloud oracle revenue said

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Nebius stock soars nearly 50% on Microsoft AI deal

cnbc.com Ryan Browne 2025-10-06 22:02:19

Nebius, which was spun out from Russian internet giant Yandex, provides graphics processing units or GPUs for training artificial intelligence models. Shares of artificial intelligence infrastructure firm Nebius Group soared nearly 50% Tuesday, a day after the company disclosed a multi-billion-dollar deal with Microsoft . The Amsterdam-based firm announced it had struck a multi-year deal with Microsoft worth up to $19.4 billion to provide cloud computing power for AI workloads. Nebius, which w

Topics: ai billion deal microsoft nebius

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Oracle pops 22% on cloud growth projections even as earnings miss estimates

cnbc.com Jordan Novet 2025-10-06 22:51:35

Oracle CEO Safra Catz, center, speaks during a dinner at the White House in Washington on Sept. 4, 2025. President Donald Trump hosted technology and business leaders for dinner after they joined First Lady Melania Trump's meeting of the Artificial Intelligence Education Task Force at the White House. Oracle shares spiked 22% in extended trading on Tuesday after the database software maker indicated hefty growth prospects due to new cloud contracts, even as earnings and revenue missed estimates

Topics: billion cloud oracle revenue said

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Apple barely talked about AI at its big iPhone 17 event

news.ycombinator.com Hayden Field 2025-10-06 21:54:23

is The Verge’s senior AI reporter. An AI beat reporter for more than five years, her work has also appeared in CNBC, MIT Technology Review, Wired UK, and other outlets. Apple’s hotly-anticipated Apple event was chock-full of news about updates to AirPods, the Apple Watch, the new suite of iPhones, and more. But during the one-hour-and-fifteen-minute presentation, which was considerably shorter than usual, there was one notable buzzword missing from a good chunk of the fanfare: AI. Although CEO

Topics: ai apple billion iphone new

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UAE Lab Releases Open-Source Model to Rival China’s DeepSeek

gizmodo.com Ece Yildirim 2025-10-06 22:05:37

The United Arab Emirates wants to compete with the U.S. and China in AI, and a new open source model may be its strongest contender yet. An Emirati AI lab called the Institute of Foundation Models released K2 Think on Tuesday, a model that researchers say rivals OpenAI’s ChatGPT and China’s DeepSeek in standard benchmark tests. “With just 32 billion parameters, it outperforms flagship reasoning models that are 20x larger,” the lab wrote in a press release on Tuesday. DeepSeek’s R1 has 671 bill

Topics: ai billion k2 model models

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SAP warns of high-severity vulnerabilities in multiple products

arstechnica.com Unknown 2025-10-06 21:55:22

As hackers exploit a high-severity vulnerability in SAP’s flagship Enterprise Resource Planning software product, the software maker is warning users of more than two dozen newly detected vulnerabilities in its other widely used products, including a security flaw with a maximum-severity rating of 10. SAP on Tuesday said the highest-severity vulnerability—with a rating of 10 out of a possible 10—was found in NetWeaver, a platform that serves as the technical foundation for many of the company’s

Topics: 10 rating sap severity vulnerability

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Apple barely talked about AI at its big iPhone 17 event

theverge.com Hayden Field 2025-10-06 21:15:02

is The Verge’s senior AI reporter. An AI beat reporter for more than five years, her work has also appeared in CNBC, MIT Technology Review, Wired UK, and other outlets. Apple’s hotly-anticipated Apple event was chock-full of news about updates to AirPods, the Apple Watch, the new suite of iPhones, and more. But during the one-hour-and-fifteen-minute presentation, which was considerably shorter than usual, there was one notable buzzword missing from a good chunk of the fanfare: AI. Although CEO

Topics: ai apple billion iphone new

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Hackers hide behind Tor in exposed Docker API breaches

bleepingcomputer.com Unknown 2025-10-07 02:16:30

A threat actor targeting exposed Docker APIs has updated its malicious tooling with more dangerous functionality that could lay the foundation for a complex botnet. The activity was first reported in June by cybersecurity company Trend Micro. whose researchers analyzed scripts and malicious code that dropped a cryptominer and relied on the Tor network to hide their identity. Akamai researchers discovered new tooling that does not deploy a miner but a more complex payload that can block access

Topics: akamai binary container docker tor

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As hackers exploit one high-severity SAP flaw, company warns of 3 more

arstechnica.com Unknown 2025-10-07 02:55:22

As hackers exploit a high-severity vulnerability in SAP’s flagship Enterprise Resource Planning software product, the software maker is warning users of more than two dozen newly detected vulnerabilities in its other widely used products, including a security flaw with a maximum-severity rating of 10. SAP on Tuesday said the highest-severity vulnerability—with a rating of 10 out of a possible 10—was found in NetWeaver, a platform that serves as the technical foundation for many of the company’s

Topics: 10 rating sap severity vulnerability

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‘Hazbin Hotel’ Season 2 Promises to Raise a Hellish New World Order

gizmodo.com Sabina Graves 2025-10-07 06:30:47

Prime Video darling Hazbin Hotel is back for season two, and it looks like a war is brewing over who gets to rule its fiery pits. The season two teaser trailer for Vivienne Medrano’s cult animated series is big on the looming threat as Charlie Morningstar (Erika Henningsen) faces the rise of Vox. The television-faced villain aims to take over by steamrolling over Hazbin Hotel’s mission to rehab sinners and create unholy chaos in hell. Watch the trailer below: The eight-episode season will pre

Topics: hazbin hell hotel premiere season

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iPhone Air hands-on

theverge.com Allison Johnson 2025-10-07 06:24:40

Apple just announced the iPhone Air, which, as you might guess by the name, is something Apple is marketing as extremely thin and light. It’s 5.6mm thin and has a ProMotion display, one camera, Apple’s Ceramic Shield 2 glass on both sides, and an A19 Pro chip. But what does it actually feel like to hold? I (Allison) got to actually pick up the phone at Apple’s launch event today, and it sure is light. The profile is as slim as it looks in photos, and it has more rounded edges reminiscent of pre

Topics: apple bit camera despite phone

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Microsoft September 2025 Patch Tuesday fixes 81 flaws, two zero-days

bleepingcomputer.com Unknown 2025-10-07 10:43:33

Today is Microsoft's September 2025 Patch Tuesday, which includes security updates for 81 flaws, including two publicly disclosed zero-day vulnerabilities. This Patch Tuesday also fixes nine "Critical" vulnerabilities, five of which are remote code execution vulnerabilities, 1 is information disclosure, and 2 are elevation of privileges. The number of bugs in each vulnerability category is listed below: 41 Elevation of Privilege Vulnerabilities 2 Security Feature Bypass Vulnerabilities 22 R

Topics: microsoft server smb updates vulnerabilities

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We all dodged a bullet

news.ycombinator.com Unknown 2025-10-07 08:11:26

Loading... Why am I seeing this? You are seeing this because the administrator of this website has set up Anubis to protect the server against the scourge of AI companies aggressively scraping websites. This can and does cause downtime for the websites, which makes their resources inaccessible for everyone. Anubis is a compromise. Anubis uses a Proof-of-Work scheme in the vein of Hashcash, a proposed proof-of-work scheme for reducing email spam. The idea is that at individual scales the addit

Topics: anubis jshelter proof scraping work

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Ramp says it has hit $1B in annualized revenue

techcrunch.com Julie Bort 2025-10-07 10:23:12

In Brief On Tuesday, Ramp answered any lingering questions as to why investors recently valued the expense management startup at $22.5 billion, just 45 days after a previous funding round valued it at $16 billion: the company says it has achieved $1 billion in annualized revenue. Annualized revenue refers to a company’s current revenue rate projected over a full year. In March, co-founder and CEO Eric Glyman told TechCrunch that Ramp had hit annualized revenue of $700 million. That’s $300 mill

Topics: billion company million ramp revenue

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Disrupting the DRAM roadmap with capacitor-less IGZO-DRAM technology

news.ycombinator.com Attilio Belmonte 2025-10-07 12:28:33

A novel DRAM memory cell with two IGZO-based transistors The bit cell of dynamic random-access memory (DRAM), the main memory within traditional compute architectures, is conceptually very simple. It consists of one capacitor (1C) and one silicon (Si)-based transistor (1T). While the capacitor’s role is to store a charge, the transistor is used to access the capacitor, either to read how much charge is stored or to store a new charge. Over the years, bit cell density scaling allowed the indust

Topics: bit cell dram igzo transistors

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Nvidia unveils new GPU designed for long-context inference

techcrunch.com Russell Brandom 2025-10-07 14:35:47

In Brief At the AI Infrastructure Summit on Tuesday, Nvidia announced a new GPU called the Rubin CPX, designed for context windows larger than 1 million tokens. Part of the chip giant’s forthcoming Rubin series, the CPX is optimized for processing large sequences of context and is meant to be used as part of a broader “disaggregated inference” infrastructure approach. For users, the result will be better performance on long-context tasks like video generation or software development. Nvidia’s

Topics: context cpx development nvidia rubin

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We All Dodged a Bullet

news.ycombinator.com Unknown 2025-10-07 18:11:26

Loading... Why am I seeing this? You are seeing this because the administrator of this website has set up Anubis to protect the server against the scourge of AI companies aggressively scraping websites. This can and does cause downtime for the websites, which makes their resources inaccessible for everyone. Anubis is a compromise. Anubis uses a Proof-of-Work scheme in the vein of Hashcash, a proposed proof-of-work scheme for reducing email spam. The idea is that at individual scales the addit

Topics: anubis jshelter proof scraping work

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Is the Popular $599 BowFlex Bike as Good as a Peloton? I Tested Both

cnet.com See Full Bio 2025-10-07 20:00:00

CNET key takeaways More affordable than other exercise bikes at $600 Access to the JRNY app and third-party apps like Peloton Warranty lasts for up to 10 years If you're on the hunt for an affordable exercise bike, the BowFlex IC SE is worth considering. It's one of CNET's top-tested bikes and a solid Peloton alternative, offering a similar experience without the steep price tag. At $600, half the price of a Peloton bike, you'll get a bike that offers a smooth ride and over 100 resistance l

Topics: app bike bowflex like peloton

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Nebius shares soar 40% on Microsoft AI deal

cnbc.com Ryan Browne 2025-10-08 02:54:09

Nebius, which was spun out from Russian internet giant Yandex, provides graphics processing units or GPUs for training artificial intelligence models. Artificial intelligence infrastructure firm Nebius Group soared in U.S. premarket trading on Tuesday, following the company's announcement of a multi-billion-dollar deal with Microsoft . Nebius' stock soared 40% Tuesday. The Amsterdam-based firm announced it had struck a multi-year deal with Microsoft worth $19.4 billion to provide cloud comput

Topics: ai billion deal microsoft nebius

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Nebius shares soar 55% in premarket on Microsoft AI deal

cnbc.com Ryan Browne 2025-10-08 06:23:55

Nebius, which was spun out from Russian internet giant Yandex, provides graphics processing units or GPUs for training artificial intelligence models. Artificial intelligence infrastructure firm Nebius Group soared in U.S. premarket trading on Tuesday, following the company's announcement of a multi-billion-dollar deal with Microsoft . Nebius' stock was up 55% at around 1:20 p.m. ET. The Amsterdam-based firm announced it had struck a multi-year deal with Microsoft worth $19.4 billion to provi

Topics: ai billion deal infrastructure nebius

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Is the Popular $599 Bowlex Bike as Good as a Peloton? I Tested Both

cnet.com See Full Bio 2025-10-08 06:00:00

CNET key takeaways More affordable than other exercise bikes at $600 Access to the JRNY app and third-party apps like Peloton Warranty lasts for up to 10 years If you’re on the hunt for an affordable exercise bike, the BowFlex IC SE is worth considering. It’s one of CNET’s top-tested bikes and a solid Peloton alternative, offering a similar experience without the steep price tag. At $600, half the price of a Peloton bike, you’ll get a bike that offers a smooth ride and over 100 resistance l

Topics: app bike bowflex like peloton

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Nebius shares soar 51% in premarket on Microsoft AI deal

cnbc.com Ryan Browne 2025-10-08 15:18:06

Nebius, which was spun out from Russian internet giant Yandex, provides graphics processing units or GPUs for training artificial intelligence models. Artificial intelligence infrastructure firm Nebius Group soared in U.S. premarket trading on Tuesday, following the company's announcement of a multi-billion-dollar deal with Microsoft . Nebius' stock was up 51% at 10:39 a.m. London time (05:39 a.m. E.T.) The Amsterdam-based firm announced it had struck a multi-year deal with Microsoft worth $1

Topics: ai billion deal infrastructure nebius

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AI firm Mistral valued at $14 billion as chip giant ASML takes major stake

cnbc.com Ruxandra Iordache 2025-10-08 15:46:11

Nvidia -backed Mistral AI clinched a 11.7 billion-euro ($13.8 billion) valuation in a in a Series C funding round that saw Dutch chip equipment maker ASML secure a major stake in the French firm. ASML pumped 1.3 billion euros in Mistral AI's 1.7 billion-euro funding round as lead investor, gaining a 11% shareholding in the French company on a fully diluted basis. Other participants in the round included existing investors Nvidia, DST Global, Andreessen Horowitz, Bpifrance, General Catalyst, In

Topics: ai billion euro mistral round

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ReOrbit lands record funding to take on Musk’s Starlink from Europe

techcrunch.com Anna Heim 2025-10-08 13:00:00

ReOrbit, a Finnish startup focused on helping nations control their own sovereign satellites, has raised a record €45 million (about US $53 million) Series A round of funding for a European space tech company. The funding round signals that Europe’s new space market is heating up, fueled by a geopolitical environment in which countries increasingly worry about relying on foreign technology for critical infrastructure. Founded in 2019 and based in Helsinki, ReOrbit provides both the hardware and

Topics: million reorbit saveda space suvanam

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Computing’s Top 30: Nipun Jaswal

computer.org Laurel Tweed 2025-10-09 00:00:15

To keep his edge, international cybersecurity expert Nipun Jaswal does more than stay up on current security threats and trends; he literally keeps his hands in the game, regularly coding—in up to 10 different languages—and doing lab work including exploring attack vectors and hunkering down with disassemblers and debuggers. Remaining “deeply technical” is not just part of his practice, it’s also fundamental to his leadership philosophy, which centers on staying curious and “close to the core o

Topics: cybersecurity just security technical vulnerability

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Latest Tech News

Oracle soars 30% on cloud growth projections even as earnings miss estimates

May Mobility and Lyft's Self-Driving Partnership Hits the Road in Atlanta

Spotify adds lossless streaming after 8 years of teasing

Robinhood embraces copy trading after warning competitors about regulatory risks

'We're all kind of in shock.' Oracle's revenue projections leave analysts slack-jawed

Oracle pops 27% on cloud growth projections even as earnings miss estimates

Nebius stock soars nearly 50% on Microsoft AI deal

Oracle pops 22% on cloud growth projections even as earnings miss estimates

Apple barely talked about AI at its big iPhone 17 event

UAE Lab Releases Open-Source Model to Rival China’s DeepSeek

SAP warns of high-severity vulnerabilities in multiple products

Apple barely talked about AI at its big iPhone 17 event

Hackers hide behind Tor in exposed Docker API breaches

As hackers exploit one high-severity SAP flaw, company warns of 3 more

‘Hazbin Hotel’ Season 2 Promises to Raise a Hellish New World Order

iPhone Air hands-on

Microsoft September 2025 Patch Tuesday fixes 81 flaws, two zero-days

We all dodged a bullet

Ramp says it has hit $1B in annualized revenue

Disrupting the DRAM roadmap with capacitor-less IGZO-DRAM technology

Nvidia unveils new GPU designed for long-context inference

We All Dodged a Bullet

Is the Popular $599 BowFlex Bike as Good as a Peloton? I Tested Both

Nebius shares soar 40% on Microsoft AI deal

Nebius shares soar 55% in premarket on Microsoft AI deal

Is the Popular $599 Bowlex Bike as Good as a Peloton? I Tested Both

Nebius shares soar 51% in premarket on Microsoft AI deal

AI firm Mistral valued at $14 billion as chip giant ASML takes major stake

ReOrbit lands record funding to take on Musk’s Starlink from Europe

Computing’s Top 30: Nipun Jaswal

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