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Crypto isn’t a partisan fight, proven by data
Fed leaves interest rates unchanged, as expected
Fed leaves interest rates unchanged, as expected
Coinbase earnings: Wall Street divided on trading rebound after Robinhood crypto revenue sinks 55%
Coinbase earnings: Wall Street divided on trading rebound after Robinhood crypto revenue sinks 55%
Crypto Long & Short: What happens when an AI agent pays for the wrong thing
Crypto Long & Short: What happens when an AI agent pays for the wrong thing
JPMorgan, Coca-Cola, Dell also say 'no' to OKX-ICE tokenized stock trading plan
JPMorgan, Coca-Cola, Dell also say 'no' to OKX-ICE tokenized stock trading plan
Dissent and more: 3 things to watch for at the Fed meeting
Dissent and more: 3 things to watch for at the Fed meeting
Nearly 90% of large businesses are embracing tokenized cash to speed up payments: DBS
Nearly 90% of large businesses are embracing tokenized cash to speed up payments: DBS
Kospi surges 7% as SK Hynix earnings fuel AI stock rebound
Kospi surges 7% as SK Hynix earnings fuel AI stock rebound
Oracle is projected to reach $225 billion in revenue by 2030, with average annual growth exceeding 35%.
CoinWorld news, Oracle expects to achieve at least $225 billion in revenue by fiscal year 2030, with an average annual growth rate exceeding 35%. The company has also set targets of a 40% operating margin, earnings per share of $21, and $30 billion in free cash flow by fiscal year 2029. Oracle expects AI infrastructure spending to peak in 2027-2028, then shift to self-funding growth.
The Federal Reserve may be concerned about tightening policy too quickly.
According to CoinWorld news, KPMG Chief Economist Swonk said that Fed official Warsh is unlikely to provide further explanation of the decision at today's press conference. However, she speculated that policymakers may have been concerned that tightening policy too quickly could cause "damage" to the economy. She specifically pointed out that there are some "fragilities" in the AI boom. In mid-October, tech stocks did indeed experience a significant round of selling. In addition, there were scattered reports that credit institutions have become somewhat more cautious about providing more funds to hyperscale companies to support their AI infrastructure buildout—at least at previous valuation levels.