Larry Ellison to sell up to $7.5bn worth of Oracle stock
Founder to offload as many as 50mn shares as company posts higher revenue from data centres but faces investor fears it is overcommitted to AI
Founder to offload as many as 50mn shares as company posts higher revenue from data centres but faces investor fears it is overcommitted to AI
Kelly Granat to join tech-focused investment firm set up by former Fidelity Investments star stock picker Gavin Baker
Move is likely to put further momentum behind fast-rising oil prices
Treasury secretary’s intervention in the yen has made an impact but US bond yields are climbing higher and higher
A quarter of a century later, the consequences of 9/11 have reshaped the global order
Leopold Aschenbrenner’s hedge fund previously suffered billions of dollars in losses during AI sell-off
Flight plan submitted by one aircraft sparked turmoil that grounded thousands of planes this week
Advances in autonomous agents and bitter rivalry between Anthropic and OpenAI have pushed once-fringe fears into the mainstream
Ken Griffin’s hedge fund combines divisions as it seeks to deploy more firepower outside US
Latest advance against Saudi-backed forces cements Yemeni rebels’ control over vital shipping artery and roils energy markets
Figure comes ahead of high-stakes Fed meeting
Governments promise a light-touch regulatory agenda amid growing threats
Missile test by group apparently failed, but exposes limits of AI safeguards
Strait of Hormuz will not reopen this year, agency says, warning of sharp drop in demand
Surging cost for fuel critical to agriculture and industry stokes price pressures as Americans confront affordability crunch
US Treasury secretary’s claims of insider knowledge could erode market perceptions of Japanese central bank’s independence
The Fed chair may defy the president’s desire for a rate cut at Wednesday’s meeting
Regional states hope temporary shipping agreement between Iran and Oman can offer a pathway to ease hostilities and reopen the strait