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Oracle Beats Estimates but Shares Fall 10% on $40 Billion Financing and Higher Capital Spending Plans
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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…

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Swiss Fixed-Rate Mortgages Face Upward Pressure, June 11
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Swiss Fixed-Rate Mortgages Face Upward Pressure, June 11

Swiss fixed-rate mortgage rates face upward pressure as 10-year rates reach 1.86%. Lower rates unlikely in coming months.

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Alembic Pharmaceuticals Shares Jump 3% After US FDA Tentatively Approves Larotrectinib Capsules
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Alembic Pharmaceuticals Shares Jump 3% After US FDA Tentatively Approves Larotrectinib Capsules

Alembic Pharmaceuticals shares rose nearly 3% in trading after the company announced that the US Food and Drug Administration (FDA) granted tentative approval for its Larotrectinib capsules. The development marks a positive milestone for the Indian pharmaceutical company as it continues to expand its presence in the regulated US market. The announcement triggered strong investor…

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Wall Street Prepares for the Largest IPO in History as SpaceX Prices at $135 Tomorrow
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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…

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Iran Closes Strait of Hormuz After US Strikes, June 11
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Iran Closes Strait of Hormuz After US Strikes, June 11

Iran closes Strait of Hormuz after US airstrikes. Crude oil rises 25% since February as ceasefire collapses, threatening global energy supplies.

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Brent Oil Falls to $91.76, WTI to $88.88 as Diplomatic Efforts Ease Oil Rally
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Brent Oil Falls to $91.76, WTI to $88.88 as Diplomatic Efforts Ease Oil Rally

Brent Oil prices slipped to $91.76 per barrel, while West Texas Intermediate (WTI) dropped to $88.88 per barrel, as renewed diplomatic efforts eased concerns over supply disruptions. The decline comes after several weeks of volatility driven by geopolitical tensions and supply uncertainty in key oil-producing regions. The global energy market has been highly sensitive to…

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India Post GDS 4th Merit List Released June 11: 28,636 Positions
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India Post GDS 4th Merit List Released June 11: 28,636 Positions

India Post released the 4th merit list for 28,636 GDS positions on June 8, 2026. Document verification deadline is June 23, 2026.

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Blue Owl Opens Abu Dhabi Office as Middle East Expansion Continues
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Blue Owl Opens Abu Dhabi Office as Middle East Expansion Continues

Blue Owl Capital opens Abu Dhabi regional headquarters to expand alternative asset management presence in the Middle East.

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New Huanggang Port Opens July 2026: Clearance Cut to 5 Minutes
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New Huanggang Port Opens July 2026: Clearance Cut to 5 Minutes

New Huanggang Port opens July 2026 with 5-minute clearance and 200,000 daily capacity using a one-time inspection model.

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