23h ago
HPE posts $10.7 billion Q2 FY2026 revenue as cloud, AI and networking surge
Hewlett Packard Enterprise (HPE) reported fiscal 2026 second-quarter revenue of $10.7 billion, up 40% year over year and a record high. Revenue from its Cloud and AI segment rose 22.9%, while Networking revenue jumped 148.2%. Non-GAAP earnings per share doubled from a year earlier, and the Cloud and AI operating margin nearly doubled. The company also raised its full-year free cash flow outlook to at least $3.5 billion.
23h ago
1d ago
Nomura’s Laser Digital registers in Japan as Crypto Asset Exchange Service Provider under Payment Services Act
Nomura Securities’ digital-asset unit, Laser Digital, has completed registration in Japan as a Crypto Asset Exchange Service Provider under the Payment Services Act, with registration number 00032. The registration enables the firm to operate in Japan in compliance with local rules. Its approved crypto-asset list includes $XRP alongside BTC and ETH. The move expands a traditional financial group’s footprint in Japan’s crypto market and provides a new regulated route for trading $XRP.
XRP
XRP+2.21%
1d ago
1d ago
BounceBit to shut down its blockchain after unauthorized transfer of 286.5 million BB tokens
Crypto project BounceBit said it will shut down its proprietary blockchain network after detecting an unauthorized large-scale transfer involving 286.5 million BB tokens. The incident prompted an emergency chain shutdown to address potential security vulnerabilities and asset risks. BounceBit has not disclosed details of the attack or the extent of any impact on user funds, but said the breach has dealt a serious blow to its ecosystem.
BNB
BNB+2.03%
1d ago
1d ago
Oracle posts 21% revenue growth to $19.2 billion as AI lifts cloud sales 47%
Oracle reported fiscal fourth-quarter results for the period ending in May, with revenue up 21% year over year to $19.2 billion and adjusted earnings per share rising 24% to $2.11. Driven by AI demand, total cloud revenue climbed 47% to $9.9 billion, while remaining performance obligations surged 363% to $638 billion. Separately, Tudor Investment Corp. initiated a position in ORCL in the second quarter, buying 1.3 million shares.
1d ago
1d ago
Big Tech’s off-balance-sheet AI commitments near $3 trillion, WSJ analysis finds
Off-balance-sheet obligations at nine tech companies including Microsoft, Amazon, Alphabet, Meta, Oracle, Nvidia, Broadcom, AMD and SpaceX are nearing $3 trillion, according to a Wall Street Journal analysis. The estimate is sharply higher than Nikkei’s July calculation of $1.65 trillion for five of those firms. The obligations largely reflect future spending commitments tied to data centers, chips and power that are not recorded as debt on balance sheets.
1d ago
1d ago
SK hynix board approves ₩40 trillion share buyback and plans to cancel repurchased stock
SK hynix’s board has approved a ₩40 trillion (about $28.69 billion) share buyback and said it will permanently cancel all shares repurchased once the program is completed. Based on the previous day’s closing price, the plan could cover about 24.07 million shares, or 3.3% of the company’s total shares outstanding. The buyback is set to run for three months, and the company’s market capitalization is about $1.14 trillion.
1d ago
1d ago
Bitcoin retreats to $77K, wiping out hundreds of millions in leveraged BTC long positions
Bitcoin pulled back from a recent high, briefly touching $77,000. The drop triggered a wave of liquidations in leveraged long positions, with on-chain and exchange data showing forced closures totaling hundreds of millions of dollars. The market faced a short-term deleveraging shock, alongside a sharp rise in outflow pressure. Liquidations were concentrated in BTC-linked contracts and did not involve other tokens.
BTC
BTC+1.44%
1d ago