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Oracle Corp. reported quarterly revenue in line with estimates, disappointing investors who have boosted the stock to a record high in recent weeks on enthusiasm for the company’s ascendant cloud business. The shares fell in extended trading. Share Market View All Nifty Gainers View All Company Value Change %Change Fiscal second-quarter revenue increased 9% to $14.1 billion, the company said Monday in a statement. Sales from Oracle’s closely watched cloud infrastructure business jumped 52% to $2.4 billion, in line with the growth projected by analysts. Oracle has long tried to find its footing in the lucrative industry of renting computing power and storage, which is dominated by much-larger rivals led by Amazon.com Inc.’s Amazon Web Services and Microsoft Corp. The recent success has been fueled by demand from artificial intelligence companies seeking to train their models and marquee customers like Uber Technologies Inc. and ByteDance Ltd.’s TikTok. Chairman Larry Ellison has focused particularly on Oracle’s ability to provide the hardware and integrated software needed to handle powerful AI workloads. The stock slipped about 8% in extended trading after closing at $190.45. Expectations were high for Oracle headed into the results, with its stock jumping 81% this year. It was a “mixed quarter against elevated expectations,” wrote Rishi Jaluria, an analyst at RBC Capital Markets. Remaining performance obligations — a measure of bookings — were $97 billion as of the period ended November 30, a step down from $99.1 billion in the previous quarter. Earnings, excluding some items, were $1.47 a share. Analysts, on average, estimated $1.48, according to data compiled by Bloomberg. Total cloud sales, including infrastructure and applications, was $5.9 billion. Analysts, on average, estimated $6 billion. That 52% growth in infrastructure sales suggests “strong expansion in AI workloads, both from direct and indirect clients,” wrote Anurag Rana, an analyst at Bloomberg Intelligence. For the fiscal third quarter, revenue will increase about 8%, Chief Executive Officer Safra Catz said on a conference call after the results were released. Profit, excluding some items, will be $1.47 to $1.51 a share. Cloud revenue will rise about 24%, she said. All of those metrics missed analyst estimates. Still, executives remained bullish on company momentum. Oracle’s cloud “trains several of the world’s most important generative AI models because we are faster and less expensive than other clouds,” Ellison said in the statement. He added that Meta Platforms Inc. has signed an agreement to use Oracle’s cloud infrastructure to develop AI agents built on Meta’s Llama models. Capital expenditures, which are watched as a metric of data center investment, were $3.97 billion in the quarter. Analysts estimated $3.52 billion. Overall capital expenditures should double this fiscal year compared to the previous, Catz said. The company spent $6.87 billion in fiscal 2024, according to data compiled by Bloomberg. Last week, a US Appeals Court federal court upheld a law that would ban TikTok in the US unless the social media company was sold by its Chinese parent company ByteDance Ltd. Oracle has warned investors that a ban on TikTok would hurt its financial results. Oracle executives didn’t comment on the conference call about TikTok’s situation.
A fake bomb threat at Rep. Marjorie Taylor Greene’s Georgia home led to a deadly car crash with a police officer, authorities said. An unknown person messaged the police department in Rome, Ga., on Monday and claimed there was a pipe bomb in Greene’s mailbox , according to Atlanta Fox affiliate WAGA. Greene lives in the city about 55 miles northwest of Atlanta. As cops raced to the scene, a member of the local bomb squad crashed into another vehicle , USA Today reported. The unnamed officer struck Tammie Pickelsimer, 66, as she was pulling out of a parking lot, authorities said. Pickelsimer was rushed to a local hospital , where she succumbed to her injuries, according to CBS News. The officer did not suffer serious injuries in the wreck. “I’m heartsick right now,” Greene wrote Monday on social media . “My prayers are with Tammie Pickelsimer, her family, the officer who was injured, and the entire Rome Police Department.” Greene, known for her far-right views, loyalty to Donald Trump and outspoken nature , has been targeted multiple times by fake bomb threats and other swatting calls in the four years since she was elected to the House of Representatives. Federal investigators learned the latest threat came from a Russian IP address, WAGA reported. While the feds probe the bomb threat, Georgia State Patrol will investigate the deadly car crash. ©2024 New York Daily News. Visit nydailynews.com . Distributed by Tribune Content Agency, LLC.
The suspect in the high-profile killing of a health insurance CEO that has gripped the United States graduated from an Ivy League university, reportedly hails from a wealthy family, and wrote social media posts brimming with cerebral musings. Luigi Mangione, 26, was thrust into the spotlight Monday after police revealed he is their person of interest in the brutal murder of United Healthcare CEO Brian Thompson, a father of two, last week in broad daylight in Manhattan in a case that laid bare deep frustration and anger with America's privatized medical system. News of his capture in Pennsylvania -- following a tip from a McDonald's worker --triggered an explosion of online activity, with Mangione quickly amassing new followers on social media as citizen sleuths and US media tried to understand who he is. While some lauded him as a hero and lamented his arrest, others analyzed his intellectual takes in search of ideological clues. A photo on one of his social media accounts includes an X-ray of an apparently injured spine. No explicit political affiliation has emerged. Meanwhile, memes and jokes proliferated, many riffing on his first name and comparing him to the "Mario Bros." character Luigi, sometimes depicted in AI-altered images wielding a gun or holding a Big Mac. "Godspeed. Please know that we all hear you," wrote one user on Facebook. "I want to donate to your defense fund," added another. According to Mangione's LinkedIn profile, he is employed as a data engineer at TrueCar, a California-based online auto marketplace. A company spokesperson told AFP Mangione "has not been an employee of our company since 2023." Although he had been living in Hawaii ahead of the killing, he originally hails from Towson, Maryland, near Baltimore. He comes from a prominent and wealthy Italian-American family, according to the Baltimore Banner. The family owns local businesses, including the Hayfields Country Club, its website says. A standout student, Mangione graduated at the top of his high school class in 2016. In an interview with his local paper at the time, he praised his teachers for fostering a passion for learning beyond grades and encouraging intellectual curiosity. A former student who knew Mangione at the Gilman School told AFP the suspect struck him as "a normal guy, nice kid." "There was nothing about him that was off, at least from my perception," this person said, asking that their name not be used. "Seemed to just be smiling, and kind of seemed like he was a smart kid. Ended up being valedictorian, which confirmed that," the former student said. Mangione went on to attend the prestigious University of Pennsylvania, where he completed both a bachelor's and master's degree in computer science by 2020, according to a university spokesperson. While at Penn, Mangione co-led a group of 60 undergraduates who collaborated on video game projects, as noted in a now-deleted university webpage, archived on the Wayback Machine. On Instagram, where his following has skyrocketed from hundreds to tens of thousands, Mangione shared snapshots of his travels in Mexico, Puerto Rico and Hawaii. He also posted shirtless photos flaunting a six-pack and appeared in celebratory posts with fellow members of the Phi Kappa Psi fraternity. However, it is on X (formerly Twitter) that users have scoured Mangione's posts for potential motives. His header photo -- an X-ray of a spine with bolts -- remains cryptic, with no public explanation. Finding a coherent political ideology has also proved elusive, though he had written a review of Ted Kaczynski's manifesto on the online site goodreads, calling it "prescient." Kaczynski, known as the Unabomber, carried out a string of bombings in the United States from 1978 to 1995, a campaign he said was aimed at halting the advance of modern society and technology. Mangione called Kaczynski "rightfully imprisoned," while also saying "'violence never solved anything' is a statement uttered by cowards and predators." According to CNN, handwritten documents recovered when Mangione was arrested included the phrase "these parasites had it coming." Mangione has also linked approvingly to posts criticizing secularism as a harmful consequence of Christianity's decline. In April, he wrote, "Horror vacui (nature abhors a vacuum)." The following month, he posted an essay he wrote in high school titled "How Christianity Prospered by Appealing to the Lower Classes of Ancient Rome." In another post from April, he speculated that Japan's low birthrate stems from societal disconnection, adding that "fleshlights" and other vaginal-replica sex toys should be banned. ia/nro/dwEmbedded Computing Market Set to Soar: Projected to Reach $36.74 Billion by 2030LINCOLN — There’s a cost to Nebraska football embracing its 34-year tradition of Black Friday games. A chance to reflect much, for one thing. Or celebrate, for another. NU on Saturday ended a 10-game losing streak to Wisconsin and a seven-season bowl drought in one fell swoop, but when the Huskers reconvened Monday, a short week of preparation for a nasty rival stared them right in the face. “We haven’t even had a team meeting since the game,” Nebraska coach Matt Rhule said at his weekly press conference. “We walked in today, 8 o’clock, and it’s Iowa special teams (prep). No time for ‘hey, great job.’ There’s no time for it.” Bad memories still linger in the Huskers’ minds, though. The Hawkeyes have won eight of the last nine in this series — six of those by one score, including last year, a 13-10 gut punch that kept Nebraska from making a bowl. If Iowa blew kisses at NU in 2019 on a game-winning field goal, they did something else in 2023. “Their players are waving at our guys — ‘hey, have a good Christmas!’ — that was painful,” Rhule said. “That was really painful. So I don’t doubt that our guys will be ready. But their guys will be ready. It really just comes down to football.” Win the turnover battle. Block and tackle well. Make plays when they’re available. Execute the way offensive coordinator Dana Holgorsen wants. To focus on those things — without the psychological pressure of a long December hanging over the program’s head — is a nice bonus to clinching the bowl before heading to Kinnick Stadium for a 6:30 p.m. game on NBC. The temps will be in the 20s; Nebraska, practicing outside most of the year, is prepared for that. Iowa’s offense, though fitted with a new coordinator, resembles a more effective version of the Hawkeyes’ recent attacks, with a blend of power and zone runs executed by running back Kaleb Johnson, second nationally in rush yards. Iowa ranks first in the Big Ten — and 13 th nationally — in rushing yards per game. “They’ve run some people off the field just by running the football down their throat,” Rhule said. So, Iowa is Iowa is Iowa. It was Iowa 10 years ago, when it lost 37-34 to Nebraska two days before the firing of Bo Pelini. It was Iowa two years ago on the day it lost to NU just as the school was finalizing a deal for Rhule. And at 7-4 overall — 5-3 in the Big Ten — this season, it is Iowa now. Nebraska, on the other hand, moved from a program with no bowl berths this decade to at least one this winter. It saw, in its win over Wisconsin, a work ethic rewarded, a process confirmed and a rare midseason offensive coordinator hire vindicated. “They know that they can do it, they know they’re capable of it,” Rhule said. “So let’s continue to do it. That’s the expectation now. What was once possible, now we know we can do it, so let’s do it.” Rhule anticipates Nebraska’s roster will be healthier after the flu ran through the team last week, and NU’s offense now manages playing time the way the Husker defensive coaches have — by who practices well during the week. That translated into backups who got more snaps against Wisconsin than other games this season — Emmett Johnson, Luke Lindenmeyer and Nate Boerkircher — and who stood more often on the sideline. That’s Holgorsen’s effect, to some degree, and it’s the new price of success. "Dana's brought a standard, offensively, that, I'm not going to say we didn't have before,” Rhule said, “but he has the experience to kind of follow through on it that will be good for us all to learn from.” The lessons learned in a game are the lessons learned in a season, Rhule said. The week is short, the prep is detailed and Iowa is Iowa. Who might Nebraska be? “We have to make sure the football’s right,” Rhule said. Get local news delivered to your inbox!Jackson Stratton named starter, cornerback absent from Iowa's final depth chart
With the MLB offseason about to pick up steam, the Milwaukee Brewers are looking to make a move or two to bolster the roster for a better chance to win a championship during the 2025 season. After a strong regular season in 2024, the Brewers were quickly defeated in the playoffs. Their quick exit from the postseason made it clear that they need to bring in another piece or two in order to take the next step. One player that has come up as a potential target for Milwaukee has been St. Louis Cardinals free agent first baseman Paul Goldschmidt . Goldschmidt was a huge star just a few short years ago. His age has started slowing him down, but a change of scenery to the Milwaukee Brewers could help him get back on track. MLB Insider Reveals Milwaukee Brewers ‘Would Love’ to Sign Intriguing Free Agent While the Brewers’ interest in Goldschmidt has been known, one MLB insider revealed more about how badly the franchise actually wants to sign him. Bob Nightengale of USA Today has revealed that the Brewers “would love” to find a way to add Goldschmidt to their roster in free agency. “The Brewers would love to find a way to get former Cardinals All-Star first baseman Paul Goldschmidt on their roster, and would have been all-in if first baseman Rhys Hoskins had opted out of his contract.” Goldschmidt would bring more power to the Milwaukee lineup. He may not be as good as he once was, but he can still hit a home run. During the 2024 MLB season with the division rival Cardinals, Goldschmidt ended up playing in 154 games. He hit 22 home runs to go along with 65 RBI, while slashing .245/.302/.414. Those numbers aren’t superstar caliber numbers anymore, but he’s still more than capable of being an impact bat. For the Milwaukee Brewers, he’s the kind of bat that they could sign on a short-term deal. He might be looking for more money than he’s truly worth, but on a one-year deal the Brewers could consider getting more aggressive with an offer for him. All of that being said, this is something to keep a close eye on in the coming days and weeks. It will be interesting to see if Milwaukee is able to get something done to sign him. This article first appeared on WI Sports Heroics and was syndicated with permission.
Need some assistance with NYT Strands today? Today's theme — "Board certified" — is somewhat cryptic, but becomes clear with a couple of answers on the board. Below, we've compiled some useful hints for Strands #283, as well as the answers, should it come to that. We'll start off with some clues, before building up to the full answer for Strands #283, so read on if you need a little help. Warning: Spoilers lie ahead for Strands #283. Today's NYT Strands answer — Today's theme and hints The official theme for NYT Strands #283 is... "Board certified". And here's an unofficial hint from me: "Tools of the trade". If you're still in the dark, here are some useful words to give you those valuable clue tokens: Still struggling? The spangram will give you a hint about the connection word. Today, it starts with 'W' and ends with 'G'. Scroll down to find out what it is... It's WOODWORKING. Today's Strands answers So, what are today's Strands answers for game #283? Drumroll, please... ...and the spangram was WOODWORKING. Strands #283 “Board certified” 💡🔵🔵🔵 🔵🔵🔵🟡 🔵 Hi Strands fans. This is one of those puzzles that may, at first, seem rather tough. The theme - "Board certified" - suggests something about business, rather than WOODWORKING, after all. I fell into that trap and eventually had to use a clue to reveal VISE... which actually didn't help me at all. The reason being that VISE isn't a word in the UK, where we'd spell it "vice". Having established that fact via a quick Google search, however, I realized that "Board certified" had to refer to the tools used for building things. I found LATHE immediately above it and DRILL to its left. I then figured out that the mysterious 'J' on the left of the board was part of JIGSAW, before returning to the right to add in PLANE. CHISEL then jumped out at me in the middle of the grid. That sufficiently cleared a path for me to get the spangram: WOODWORKING, which was coiled up from the top of the board to the bottom-left corner. All that remained was to connect SANDER in the top left to complete the puzzle. Yesterday's Strands answers Reading this in a later time zone? You can find the full article on yesterday's Strands answers for game #282 right here .uniQure CFO Christian Klemt sells $13,559 in stockDow ends at fresh record as oil prices pull back on ceasefire hopes
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