Keyword → DB

Alibaba Reports Q3 Fiscal 2026 Results: Revenue Misses Estimates but Cloud and AI Growth Accelerate Ahead of Key Catalyst Period

Alibaba reported its December quarter fiscal 2026 results Thursday before the U.S. market open, posting earnings per share of $6.96 — missing the $11.88 consensus estimate — alongside revenue that fell short of expectations. However, the company's Alibaba Cloud and AI services divisions showed continued acceleration, and investors are closely watching for guidance on the company's capital allocation plans and the domestic Chinese economic environment heading into the new fiscal year.

FedEx Reports Q3 Fiscal 2026 After Close Thursday: DRIVE Cost Cuts, Middle East Freight Risk, and Freight Spin-Off Timeline in Focus

FedEx is set to report its fiscal Q3 2026 results after Thursday's market close, with analysts expecting revenue of approximately $23.5 billion and EPS of $4.13–$4.23. The report comes at a critical juncture: the company's DRIVE cost-reduction program is delivering structural margin improvements, but surging oil prices and Middle East shipping disruptions represent a near-term headwind that management will need to address. Investors are also watching for updates on the planned FedEx Freight spin-off, scheduled for June 2026.

Meta Shares Surge Nearly 3% as Reuters Reports Planned 20% Workforce Reduction to Offset $135 Billion AI Spending

Meta Platforms shares climbed nearly 3% on Monday after Reuters reported that the social media giant is weighing layoffs affecting 20% or more of its roughly 79,000-person workforce — potentially eliminating more than 15,000 jobs — as the company seeks to offset its $135 billion AI capital expenditure plan for 2026, roughly double last year's spending. The news accelerated a sector-wide narrative of tech giants using AI efficiency gains to justify historic reductions in headcount.

Meta Platforms Surges on Report of 20% Workforce Reduction to Offset Surging AI Infrastructure Costs

Meta Platforms shares climbed more than 2% Monday after Reuters reported that top executives have directed senior leaders to begin planning layoffs affecting at least 20% of the company's roughly 79,000 employees — a move analysts say would be the largest restructuring since Meta's 2022 'Year of Efficiency.' The cuts are designed to offset the company's $115 to $135 billion capital expenditure plan for 2026, driven by a massive push into generative AI infrastructure and the newly formed Meta Superintelligence Lab.

U.S. Stocks Rebound as Oil Pullback Sparks Short-Term Relief Rally

U.S. equities staged a tentative rebound Friday as oil prices eased slightly after a sharp geopolitical-driven rally earlier in the week. Investors cautiously returned to risk assets as energy markets stabilized, though uncertainty surrounding the Middle East conflict continues to cloud the outlook for inflation, monetary policy and corporate earnings.

Adobe Shares Tumble as CEO Shantanu Narayen Announces Departure After 18-Year Tenure

Adobe shares fell sharply Friday after the creative software giant announced that CEO Shantanu Narayen would step down following 18 years at the helm, even as the company delivered first-quarter results that beat Wall Street expectations on both revenue and earnings. The leadership transition, coming amid deepening investor anxiety over Adobe's artificial intelligence competitive position, sent shares down more than 5% during morning trading.

Private Credit Crisis Deepens as Morgan Stanley, BlackRock Cap Fund Redemptions Amid AI Loan Fears

Morgan Stanley and BlackRock have joined Blackstone in restricting investor withdrawals from multibillion-dollar private credit vehicles after redemption requests surged far beyond allowed quarterly caps. Mounting anxiety over AI-disrupted software loan portfolios and a broader re-evaluation of the $1.8 trillion asset class are rattling financial sector stocks and raising systemic liquidity questions.

Oracle Surges on AI Cloud Blowout: Q3 Revenue Jumps 22%, RPO Backlog Hits $553 Billion

Oracle reported its strongest quarterly results in over 15 years Tuesday, with fiscal Q3 revenue rising 22% to $17.2 billion and cloud infrastructure revenue surging 84% year over year. The company's remaining performance obligations—a key measure of future contracted revenue—exploded to $553 billion, up 325% from a year earlier, driven by large-scale AI infrastructure contracts.

Oracle Surges 10% After Cloud Revenue Explodes 84%, Raises FY2027 Guidance to $90 Billion

Oracle delivered a landmark fiscal third-quarter earnings beat on Tuesday, with cloud infrastructure revenue soaring 84% year-over-year to $4.9 billion, driven by insatiable AI workload demand. The company raised its fiscal 2027 revenue guidance to $90 billion and reported its first simultaneous 20%-plus growth in both revenue and earnings in over 15 years, sending shares up more than 10% in Wednesday trading.