October 17, 2025
Oracle expects cloud sales of $166 billion by 2030
Oracle expects cloud infrastructure revenue to be $166 billion in fiscal 2030. CEO Clay Magouyrk gave the prediction during a meeting with financial analysts, sending shares up 5%. Oracle said last month that it has racked up hundreds of billions of dollars worth of infrastructure bookings
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October 17, 2025
BlackRock takes a piece of booming stablecoin market with redesigned fund
BlackRock has redesigned one of its money market funds to meet new US stablecoin rules. The $13.5 trillion asset manager said the revamped fund will help manage reserves for companies behind US dollar-pegged stablecoins, offering them a safe place to park customer funds.
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October 6, 2025
Gold notched weekly rise on US shutdown woes, rate cut bets
Gold prices rose to end last week, hovering near record highs and heading for a seventh consecutive weekly gain, supported by growing concerns over the economic impact of a prolonged U.S. government shutdown and expectations of interest rate cuts.
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October 6, 2025
Bitcoin crossed $125,000 for the first time
Bitcoin, the world’s largest cryptocurrency by market value, hit a record high, crossing $125,000 for the first time in history. Bitcoin’s previous record was $124,480 in mid-August, buoyed by friendlier regulations from U.S. President Donald Trump’s administration
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October 6, 2025
Japan’s Nikkei seen hitting new highs as yen, bonds sputter
Japanese shares are expected to keep setting records even as the nation’s currency and bonds sputter after fiscal dove Sanae Takaichi was elected on Saturday to lead the ruling party and become prime minister.
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October 3, 2025
Tesla posts record deliveries, concerns mount over EV demand post-tax credits
Tesla announced record quarterly deliveries, but concerns that an expiration of the U.S. tax credit for EVs would turn a rush of buying into a trickle weighed on its shares. Carmaker went all in to drive sales before the withdrawal of the $7,500 federal tax credit
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