EARNINGSSTORY 547· AUGUST 4, 2026

SpaceX revenue jumps 92% in debut earnings report as shares fall up to 8%

Revenue, the total money a company collects from customers before any costs are subtracted, rose 92% at SpaceX in the second quarter. The result came in the company's first public earnings report, a milestone that matters because it…

NDNewsDialy Desk2 MIN READ

SOURCE

ft.com

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Larry Ellison to sell up to $7.5 billion in Oracle shares

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Oracle's cloud business doubled as AI demand pushed earnings past Wall Street's expectations

Oracle reported a 121% year-over-year jump in cloud infrastructure revenue, meaning the segment that rents computing power and storage to businesses over the internet more than doubled compared with the same period a year ago. The surge…

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