Bill Alpert

From June to September, Ackman made two big moves in the hedge fund managed by his Pershing Square Capital.

The semiconductor maker is getting the money under the Chips Act. The cash will support the company’s planned investment of $65 billion to create a production cluster near Phoenix.

If you want to monitor your vital signs like an Olympic athlete, you should welcome a pact between glucose-monitor vendor DexCom and Oura smart rings.

Kennedy would oversee the National Institutes of Health as head of the Department of Health and Human Services.

Investors expect upbeat guidance from the company when it reports October fiscal quarter results Tuesday.

The biggest contributor to the company’s growth was sales of new custom AI acceleration chips for Amazon and other builders of hyperscale data centers.

Expectations were high for Oracle November quarter results. When the software giant reported them, after Monday’s close, the numbers were slightly below the high hopes inspired by Oracle’s fast-growing services in artificial intelligence. Oracle stock sank 8% after hours, to $174, with its report of $1.47 a share in cash earnings.

Ready Capital says it was aware of the legal issue surrounding UDF IV, the company it is seeking to acquire.

“Record level AI demand drove Oracle Cloud Infrastructure revenue up 52% in Q2, a much higher growth rate than any of our hyperscale cloud infrastructure competitors,” said CEO Safra Catz in the announcement. High as it was, the quarter’s growth in cloud infrastructure revenue was pretty much what the typical analyst expected. Total cloud services grew to $5.9 billion, rising 24% from the prior year, while cloud support brought the quarter’s total cloud revenue to $10.8 billion.

The typical U.S. REIT returned 9% this year, or 13% with dividends, as measured by the MSCI U.S. REIT index. Next year will look pretty similar for the real estate trusts, according to the 2025 REIT Outlook issued Monday by analysts at KeyBanc Capital Markets. The average REIT’s total return in 2025 should range from 5% to 15%.