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ContraFect Corporation (CFRXQ)

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At close: May 14 at 3:58 PM EDT

Musk's xAI negotiates Oracle cloud server rental: Reports

Shares of Oracle (ORCL) are trading higher on Tuesday following a report hinting at a potential deal with Elon Musk's artificial intelligence venture. According to The Information, Musk's AI startup, xAI, is reportedly engaged in talks with the tech giant to rent cloud servers over a period of years in a deal worth a staggering $10 billion. Yahoo Finance's Josh Lipton and Julie Hyman break down the details. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith

Yahoo Finance Video 13 hours ago

ORCL
GameStop’s 'Roaring Kitty' surge doesn’t mean meme stock rally has legs

Retail investor flows into GameStop and AMC are still a far cry from the 2021 meme stock craze.

Yahoo Finance 15 hours ago

SPWR

GME

AMC
NYCB shares rise on deal to sell $5 billion mortgage warehouse loans to JPMorgan

The deal with the largest U.S. bank by assets, announced late on Tuesday, will bolster liquidity at NYCB, which is planning to invest the proceeds from the sale in cash and securities. "The loan sale is exactly what the new management team discussed on the first-quarter earnings call, which is an important first step (of many) for management to restore credibility as the team looks to improve profitability," analysts at Jefferies wrote in a note. Warehouse loans, given to lenders that use the capital to provide mortgages, accounted for 6%, or $5.2 billion, of the total loans worth $82.3 billion at NYCB, as of March 31.

Reuters 1 minute ago

NYCB
Choice Hotels adopts Oracle’s AI merchandising tech for upscale properties

The new AI solution will allow Choice Hotels to leverage incremental revenue opportunities while enhancing guest experience.

Hotel Management Network 23 minutes ago

CHH

ORCL
Is Plug Power Stock a Buy After Cratering 75%?

Plug Power stock is a lot cheaper than it was in 2023, but there's a catch.

Motley Fool 29 minutes ago

PLUG
Boeing, Airbus need to do more to reduce new jet delays, Qatar Airways CEO says

Planemakers Airbus and Boeing need to put more pressure on their suppliers to reduce the delivery delays of new aircraft that are hindering airlines' ability to meet travel demand, Qatar Airways CEO said on Wednesday. "We are ... really trying our best to assist both Boeing and Airbus and try to find solutions for them to make sure they deliver," Badr Mohammed Al Meer said on a panel at the Qatar Economic Forum in Doha. Demand for air travel has rebounded since the pandemic, but planemakers are struggling to get back to previous production levels due to disrupted supply chains and a safety crisis at Boeing.

Reuters 37 minutes ago

BA

EADSY
These Stocks Are Moving the Most Today:

GameStop shares continue their meteoric rise this week, the Justice Department says Boeing violated a criminal settlement following 737 MAX crashes, and Tesla stock heads for a third-straight day of gains.

Barrons.com 1 hour ago

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BA
These Stocks Are Moving the Most Today: GameStop, Boeing, Tesla, Nextracker, dLocal, Cisco, and More

GameStop shares continue their meteoric rise this week, the Justice Department says Boeing violated a criminal settlement following 737 MAX crashes, and Tesla stock heads for a third-straight day of gains.

Barrons.com 1 hour ago

NXT

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Prediction: These Could Be the Best-Performing Fintech Stocks Through 2030

As the financial technology market matures, certain companies are better positioned than others to capitalize on the opportunity ahead.

Motley Fool 1 hour ago

MA

PYPL

SOFI
Boeing Stock Falls. The Company Has a New Legal Problem.

The alleged violation exposes the company to potential criminal prosecution and, perhaps, additional fines.

Barrons.com 1 hour ago

BA

ALK
Trending tickers: Burberry, Imperial Brands, Boeing and Oracle

The latest investor updates on stocks that are trending on Wednesday.

Yahoo Finance UK 1 hour ago

IMBBF

IMBBY

BA
NEXTracker Inc (NXT) (Q4 2024) Earnings Call Transcript Highlights: Stellar Growth and ...

Discover how NEXTracker Inc achieved significant revenue growth, doubled its EBITDA, and set new industry standards in Q4 2024.

GuruFocus.com 2 hours ago

NXT
Arcutis Biotherapeutics Inc (ARQT) Q1 2024 Earnings Call Transcript Highlights: Robust Growth ...

Explore key financial outcomes, product launches, and strategic initiatives as Arcutis Biotherapeutics navigates through a dynamic market landscape.

GuruFocus.com 2 hours ago

ARQT
UPDATE 1-Senior's group finance director to retire

British aerospace engineer Senior said on Wednesday its group finance director, Bindi Foyle, will retire in 12 months. Foyle, 51, has been with the company for 18 years and helmed the group finance role since 2017. Senior said it will actively start the succession process for the Foyle's role, without providing details.

Reuters 3 hours ago

BA
Burberry Profit Falls as Soft Demand, Turnaround Bite

Burberry posted a decline in profit for fiscal 2024 as it kept struggling to revitalize its business through a turnaround plan against a backdrop of slowing luxury demand.

The Wall Street Journal 3 hours ago

BBRYF

BURBY
Burberry Sales, Profits Fall In Hard Times for Luxury

Lackluster demand in China and the U.S. dented Burberry’s fourth quarter and fiscal full-year growth, although the company said it expects to see some improvement in the second half of the year.

WWD 3 hours ago

BURBY
Dow Jones Futures: Stock Market Near Highs Ahead Of CPI Inflation; GameStop Keeps Rising Late

The stock market rally is near record highs with several stocks flashing buy signals ahead of CPI inflation data.

Investor's Business Daily 5 hours ago

^DJI

NVDA

^GSPC
PRESS DIGEST-Wall Street Journal - May 15

The following are the top stories in the Wall Street Journal. - The U.S. Justice Department said on Tuesday that Boeing Co had breached its obligations in a 2021 agreement that shielded the planemaker from criminal prosecution over fatal 737 MAX crashes in 2018 and 2019 that killed 346 people. - OpenAI co-founder and chief scientist Ilya Sutskever is leaving the artificial intelligence startup.

Reuters 5 hours ago

GOOG

BA
PRESS DIGEST- New York Times business news - May 15

Ilya Sutskever, the OpenAI co-founder and chief scientist who in November joined three other board members to force out Sam Altman, the company's high-profile chief executive, before saying he regretted the move, is leaving the San Francisco A.I. company. - The Department of Justice said on Tuesday that Boeing was in violation of a 2021 settlement related to problems with the company's 737 Max model that led to two deadly plane crashes in 2018 and 2019. - Comcast, the parent company of NBCUniversal, is planning to offer its streaming service Peacock in a bundle with Netflix and Apple TV+ , Brian Roberts, the company's chief executive, said at an investor conference on Tuesday.

Reuters 5 hours ago

CMCSA

BA
Boeing Violated Criminal Settlement After 737 MAX Crashes, Justice Department Says

The U.S. government could seek to extend a probationary period for the plane maker or prosecute it for earlier misconduct.

The Wall Street Journal 8 hours ago

BA

Performance Overview

Return	CFRXQ	S&P 500
YTD	-60.00%	+10.00%
1-Year	-99.20%	+27.22%
3-Year	-100.00%	+27.58%

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Related News

Musk's xAI negotiates Oracle cloud server rental: Reports

GameStop’s 'Roaring Kitty' surge doesn’t mean meme stock rally has legs

NYCB shares rise on deal to sell $5 billion mortgage warehouse loans to JPMorgan

Choice Hotels adopts Oracle’s AI merchandising tech for upscale properties

Is Plug Power Stock a Buy After Cratering 75%?

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These Stocks Are Moving the Most Today:

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UPDATE 1-Senior's group finance director to retire

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PRESS DIGEST-Wall Street Journal - May 15

PRESS DIGEST- New York Times business news - May 15

Boeing Violated Criminal Settlement After 737 MAX Crashes, Justice Department Says

Performance Overview