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Oracle’s stock rose 4% after reporting fiscal first-quarter earnings that beat expectations, driven by cloud infrastructure revenue more than doubling to $7.4 billion.
Digital Realty’s CEO said potential AI development slowdowns would not derail data center real estate demand, citing continued growth in cloud computing and infrastructure needs.
Salesforce projected fiscal 2030 revenue exceeding $63 billion at its Dreamforce conference, surpassing analyst expectations of $59.2 billion and signaling recovery from AI-related industry concerns.
Sabre Corporation priced a $1.35 billion offering of senior secured notes in September to refinance existing higher-rate debt and extend maturities, though substantial interest costs and refinancing premiums temper the financial benefits.
Canary Capital launched the first exchange-traded fund focused on Tron, the eighth-largest cryptocurrency by market capitalization, combining direct exposure with staking rewards.
Axon Enterprise priced $1 billion of zero-coupon convertible notes due September 15, 2031, with an initial conversion rate of 1.5336 shares per $1,000 principal.
