Oracle called the third quarter of fiscal 2026 its best in 15 years with revenue up 22% to $17.2 billion and cloud infrastructure up 84% to $4.9 billion. The market rejoiced, sending the stock up nearly 10% in after-hours trading…
The 50 American individuals and couples who gave or pledged the most to charity in 2025 committed US$22.4 billion to foundations, universities, hospitals and more. That total was 35% above an inflation-adjusted $16.6 billion in 2024, according to the Chronicle…
Sports fans have long loved to bet on their favorite teams, but online sports betting has turned the casual wager into a click. Legal sports betting generated $10 billion during the first three quarters of 2025, but increasingly, prediction markets…
U.S. intelligence has found evidence Iran may be preparing to disrupt the Strait of Hormuz by laying mines throughout the waterway, according to CBS News. Iran may reportedly use smaller crafts that can carry two to three mines each, according…
The United States was already on an unsustainable fiscal trajectory, adding to the national debt at breakneck speed, before it launched a joint attack on Iran with Israel. Even before the first munitions struck Tehran, the federal debt had surged…
Anthropic is getting support from some unusual allies in its legal fight with the Trump administration over the Pentagon’s decision to label the company a “supply-chain risk”: the employees of rival AI companies. More than 30 employees from OpenAI and…
Voting technology firm Smartmatic is seeking to dismiss a criminal indictment for money laundering, blaming President Donald Trump and his allies for seeking its prosecution as part of a “campaign of retribution” against those they blame for his 2020 election loss. Smartmatic’s…
Tech companies are scrambling to keep up with skyrocketing AI demand. And many are investing billions in the buildout of AI data centers, with some estimates placing the combined capital expenditures of the largest firms at up to $700 billion. …
A former deep-sea treasure hunter who made one of the great shipwreck discoveries in American history and spent more than a decade in jail after refusing to disclose the whereabouts of some of its missing gold coins is now out of prison,…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The former chief executive of Crispin Odey’s hedge fund told the financial watchdog its founder was a “sex pest” and…