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Oracle CEOs Clay Magouyrk and Mike Sicilia sit down with CNBC’s David Faber on Oct. 13, 2025. CNBCIt’s been a rollercoaster year for Oracle investors, as they try to assess the strength of the software giant’s position in the artificial intelligence boom. The stock is up more than 30% for the year even after a 23% plunge in October, which was its worst month since 2001. It’s recovered a bit in November, climbing almost 10% for the month as of Tuesday. Heading into the company’s fiscal second-quarter earnings report on Wednesday, pressure is building on management — and newly installed…
Eli Lilly CEO David A. Ricks speaks at a press conference at Generation Park in Houston, Monday, Sept. 23, 2025. The company announced plans for a $6.5 billion biomanufacturing plant in north Houston. (Raquel Natalicchio/Houston Chronicle via Getty Images)Raquel Natalicchio | Houston Chronicle | Getty ImagesEli Lilly on Tuesday said it will spend $6 billion to build a manufacturing plant in Huntsville, Alabama, to help boost production of its closely watched experimental obesity pill and other drugs. It is the third facility in a string of new planned U.S. investments by the drugmaker. Eli Lilly announced in February that it would…
The Federal Reserve is poised to deliver its third straight interest rate cut Wednesday, while simultaneously firing a warning shot about what’s ahead.Following a period of remarkable indecision about which way central bank policymakers would lean, markets have settled on a quarter percentage point reduction. If that’s the case, it will take the Fed’s key interest rate down to a range of 3.5%-3.75%.However, there are complications.The rate-setting Federal Open Market Committee is split between members who favor cuts as a way to head off further weakness in the labor market against those who think easing has gone far enough and…
MADRID — Pep Guardiola told his Manchester City team to use their Champions League tie with Real Madrid to prove they’re capable of winning trophies this season.City face the Spanish giants for the fifth season in a row on Wednesday, but will do so with a very different team following the departures of established stars like Kevin De Bruyne, Éderson, Kyle Walker and Ilkay Gündogan.Rodri and John Stones are both unbelievable because of injury.Editor’s Picks2 RelatedGuardiola said the loss of so much experience means his squad is “in transition.”But he’s laid down the gauntlet to his players by insisting that…
The American Federation of Teachers, the powerful labor union that represents 1.8 million members, is urging the Senate Banking Committee to reconsider its crypto market structure bill, the Responsible Financial Innovation Act, calling the proposed legislation “as irresponsible as it is reckless” in a letter exclusively obtained by CNBC. In the letter that AFT president Randi Weingarten sent to Senate Banking Committee Chairman Tim Scott (R-SC) and Ranking Member Elizabeth Warren (D-Mass.), she wrote the union opposes the bill based on the “profound risks to the pensions of working families and the overall stability of the economy.””The legislation on crypto…
Substitute Kieran Morgan struck with the last kick of the match to fire QPR up to sixth in the Sky Bet Championship after a 2-1 win over travel-sick Birmingham.Blues thought they had secured a point when Patrick Roberts cancelled out Jimmy Dunne’s first-half header in the third minute of stoppage time. But Rangers went straight up the other end and Morgan, who only came on with four minutes of normal time remaining, crashed in a dramatic last-gasp winner. It secured a fourth win from their last five matches for the Hoops, while Birmingham have now lost seven matches on the…
Beth Mead’s early strike was enough to secure Arsenal a play-off spot at the very least in the Women’s Champions League and a 1-0 win over FC Twente at Meadow Park.A win in their final league-phase fixture next week against OH Leuven could be enough to secure an automatic route into the knockout stages, but for now Renee Slegers’ side move up to sixth, providing a lifeline. When Mead dropped her shoulder in the box to fire home the opener with 10 minutes on the clock, there was a feeling among those in attendance that Arsenal were chasing a significant…
A VAR-plagued evening at the San Siro eventually fell the way of Liverpool as Arne Slot’s men delivered a much-needed win over Inter Milan in the Champions League.The much-maligned Ibrahima Konate thought he had silenced his critics as he nodded home from close range in the first half, only for his effort to be ruled out for handball after a lengthy VAR check. Having initially suffered at its hands, Liverpool would eventually benefit from VAR as the visitors were handed a penalty on review as Florian Wirtz went down in the Inter area, with Dominik Szoboszlai smashing home the resulting…
Chelsea’s hopes of a top-eight finish in the Champions League took a blow as they were beaten 2-1 by Atalanta thanks to a late goal from Charles De Ketelaere.The Serie A side have lost only once at home this season, while Enzo Maresca’s side are yet to win away in Europe, having now lost twice and drawn once. They are now winless in their last four games in all competitions. Atalanta began brightly and would have gone ahead were it not for a sensational block from Josh Acheampong to deny Ademola Lookman on his first Champions League start. Image: Joao…
Tottenham closed the gap on the Champions League top eight with a 3-0 win against Slavia Prague.Thomas Frank said he wanted his side to build momentum following Saturday’s 2-0 win against Brentford and they certainly did that as penalties from Mohammed Kudus and Xavi Simons – after a David Zima own goal – secured all three points to lift them into ninth. Liverpool’s late winner at the San Siro against Inter Milan denied Spurs the chance to move into the top eight, with Arne Slot’s side now occupying the final spot in the automatic qualification places for the next phase.…