On Mornings on 2, Pam reports on Oracle's stock surge following reports of a significant increase in multi-cloud database revenue driven by demand for AI servers. On the markets, a slight drop in wholesale prices was reported, although a weakening job market is causing caution among economists and putting pressure on the Dow. Apple unveiled its new iPhone lineup, featuring the super-thin iPhone Air and an updated iPhone 17 with display and camera upgrades. BuyNowPayLater company Klarna had its IPO at a $15 billion valuation. Starbucks CEO Brian Nichols stated his turnaround strategy is working, while pharmaceutical company Novo Nordisk announced plans to lay off 9,000 employees to cut costs. Finally, both Joby Aviation with Uber and Tesla are making moves in the ride-hailing space, with Joby and Uber partnering for air mobility services and Tesla negotiating to expand its taxi service to Bay Area airports.
Learn more about your ad choices. Visit podcastchoices.com/adchoices

Ver todos los episodios