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Oracle (NYSE: ORCL) Faces “1999-Style” Warning as Larry Ellison Loses $50 Billion in Market Value Wealth
Oracle’s record-earnings week turned into a wealth-destruction event. On June 11, 2026, a prominent CNBC analyst issued a stark “1999-style” warning on Oracle (NYSE: ORCL) comparing the company’s AI spending trajectory to the dot-com bubble at its peak. Oracle’s co-founder Larry Ellison has seen an unmatched $49 billion wiped off his net worth in 2026,…
Nvidia Rises 2.22% to $204.87, Yet Intel Emerges as Cramer’s Top Pick Following Powerful Analyst Upgrade
Nvidia continued its winning run on Thursday, with shares climbing 2.22 percent to $204.87 as demand for AI chips remained strong. However, the bigger conversation on Wall Street shifted toward Intel after Cramer backed the company as his favorite semiconductor stock following a major analyst upgrade. The latest move has sparked fresh debate over whether…
U.S. Ambassador Hoekstra Signals Trump Open to CUSMA Deal, June 11
U.S. Ambassador Hoekstra says America needs Canadian potash, autos, and oil. CUSMA renewal talks intensify ahead of July 1 deadline.
Opendoor Cuts 250 India Jobs as AI Reshapes Outsourcing, June 12
Opendoor closes India operations, laying off 250 employees. CEO cites AI-driven restructuring and shift to US-based teams. Stock rated C- by Meyka.
WisdomTree Launches AI Infrastructure ETF on June 11, 2026
WisdomTree WAGI ETF tracks AI infrastructure across semiconductors, data centers, and cloud sectors with a 0.50% expense ratio.
Emirates Keeps Flying as Middle East Tensions Escalate, June 11
Emirates maintains full flight schedule from Dubai despite US-Iran tensions and regional security challenges affecting Middle East aviation.
Voltalia Shares Slump 10% After Morgan Stanley Downgrade
Voltalia Shares fell nearly 10% after Morgan Stanley downgraded the stock, triggering a sharp selloff among investors. The downgrade raised concerns about the company’s near-term earnings outlook and project execution risks in the renewable energy sector. The decline reflects how sensitive renewable energy stocks are to analyst sentiment and changing expectations around project pipelines, financing…
Oracle Beats Estimates but Shares Fall 10% on $40 Billion Financing and Higher Capital Spending Plans
Oracle delivered record numbers then watched its stock fall 10%. On June 10, 2026, Oracle Corporation (NYSE: ORCL) reported Q4 FY2026 results that beat Wall Street on every major line. Oracle reported adjusted earnings of $2.11 per share and total revenue of $19.18 billion for Q4 FY2026. This is against analyst expectations of $1.96 EPS…
Wall Street Prepares for the Largest IPO in History as SpaceX Prices at $135 Tomorrow
$75 billion raised. $1.77 trillion valuation. $250 billion in demand. One company. Wall Street has spent months preparing for this. SpaceX filed to raise $75 billion in an IPO that would value the company at $1.77 trillion, the largest initial public offering in history, surpassing Saudi Aramco’s $29 billion debut in 2019. SpaceX begins trading…