The August consumer price index rose 0.4% month-over-month and 3.4% annually, matching analyst forecasts, while core CPI ticked up slightly more than expected at 0.3%. The reading follows Thursday's hotter-than-anticipated producer price index and a surge in crude oil to $6 a gallon, pushing traders to raise the odds of a quarter-point Fed rate hike next week above 70%. Stock futures rose Friday morning as investors weighed the data and looked to snap a four-session losing streak, with Oracle's earnings also drawing market attention.
cnbc.com
· 2026-09-11
Oracle reported fiscal first-quarter results that topped Wall Street forecasts, with adjusted earnings of $1.92 per share and revenue of $19.35 billion, both above LSEG estimates. Revenue climbed nearly 30% year over year, driven largely by rapid growth in cloud infrastructure as Oracle pushes deeper into AI-related data center buildouts. The company raised its long-term outlook, now projecting $8.10 in adjusted earnings per share on at least $90 billion in revenue for fiscal 2027.
cnbc.com
· 2026-09-10
Apple's new CEO John Ternus introduced the iPhone Duo, the company's first foldable device, at a Cupertino launch event. The phone opens to a 7.6-inch screen and will launch October 23 at a price lower than analysts anticipated, while Apple also debuted an AI-driven Siri, a new A20 Pro chip, and a $100 price increase on the standard iPhone 18 Pro lineup.
cnbc.com
· 2026-09-10
Dell stock jumped more than 13% Wednesday morning after reporting strong quarterly results and raising its fiscal 2027 adjusted earnings guidance by about 42.5%, to $25.50 from $17.90. The gains faded quickly, with shares up only around 5% by late morning, echoing a similar pullback seen after Nvidia's own strong earnings last week.
cnbc.com
· 2026-09-02
Dell Technologies reported fiscal second-quarter revenue of $46.97 billion and adjusted earnings of $7.04 per share, both well above analyst expectations, driven by strong AI server sales. The company raised its full-year guidance to $25.50 in adjusted earnings per share on $192 billion in revenue, up sharply from earlier projections of $17.90 per share and $165-169 billion.
cnbc.com
· 2026-09-01
A financial roundup highlights five side-hustle categories that can scale into substantial income streams, potentially rivaling or exceeding a full-time salary. The report notes these ventures have room to grow beyond part-time work into standalone businesses.
fastcompany.com
· 2026-08-31
CrowdStrike reported record net-new annual recurring revenue of $333 million for its fiscal Q2, up 51% year-over-year and $45 million above guidance, driven by AI-related demand. The company also raised its full-year revenue growth forecast, citing a record pipeline, sending shares up more than 17% and boosting rival Palo Alto Networks by over 10%.
cnbc.com
· 2026-08-27
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