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Oracle beats on earnings, but stock drops on plans to raise another $20 billion
Oracle reported better-than-expected earnings and revenue for the fiscal fourth quarter on Wednesday while also raising its profit forecast for the year. The stock dropped 5% in extended trading as the company plans to raise more money to finance its AI buildout. Here's how the company did in comparison with LSEG consensus: - Earnings per share: $2.11 adjusted vs. $1.96 expected - Revenue: $19.18 billion vs. $19.10 billion expected Revenue increased 21% year over year in the quarter, which...
From coffee to hot sauce: 5 veteran- and American-owned brands worth trying
As America prepares to celebrate its 250th anniversary, now is the perfect time to support veteran- and American-owned businesses. We handpicked five standout food and beverage brands that give back to veterans, firefighters and hardworking Americans while making great products. Stock up on your favorite brew from Black Rifle Coffee Company or Fire Department Coffee, snack smarter with Tactical Snacks, and add some heat to your meals with The General's Hot Sauce, which is proudly made in the...