Oracle co-founder and executive chairman Larry Ellison has canceled a planned sale of his Oracle stock, the company announced on Saturday. Oracle had previously disclosed in a regulatory filing that Ellison planned to sell 50 million shares worth around $7.5 billion, according to Reuters. The company did not offer a reason for the change in
London’s stock market has endured a difficult few years, marked by a wave of delistings and IPO snubs. The number of companies listed on the London Stock Exchange (LSE) has fallen from 2,429 in 2015 to 1,534 in May 2026—a decade low —according to LSE data compiled by Statista. More than 30 have left, or
Investors tend to dread rate hikes, but some Wall Street pros say not to fret too much if the Federal Reserve raises interest rates this year. Odds are high that the Fed will hike rates at least once in the remaining months of 2026. As of Thursday afternoon, markets were pricing in a 71.8% chance
One of the largest sports and athletic-wear companies of the modern day may be disappointing its namesake. Nike, the sportswear company named after the Greek goddess of victory, is losing its spot in the top 100 U.S. companies for the first time in nearly two decades. The athletic apparel giant lost over $200 billion in
Shares in fast-fashion giant Shein fell sharply in their highly anticipated stock market debut on Tuesday as the firm listed in Hong Kong after a long quest to go public. It comes after failed attempts to list in the US and UK, as concerns were raised over issues including Shein’s labour practices and its environmental
Bad Bunny‘s adidas sneaker streak isn’t slowing down. The Grammy winner’s latest release, the Bad Bunny F50 Ghost Sprint sneaker, reworks adidas’ speed-focused 2004 F50 football boot into a low-profile sneaker that taps into the ‘ballet sneaker‘ and ‘glove sneaker‘ trends, making it a particularly trendy choice for fall footwear. Drop of the Week: Adidas