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1.16111
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Gold
4316.48
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Real-time News
Oracle (ORCL.N) CFO: The new revenue backlog will not affect our capital expenditures or revenue; the impact will be reflected in fiscal year 2028 or later.Oracle (ORCL.N) CFO: Capital expenditures (Capex) will not maintain linear growth throughout the year. Full-year capital expenditures are expected to remain between $90 billion and $95 billion.Oracle (ORCL.N) CFO: The company expects about half of its remaining performance obligations (RPOs) to be converted into sales within the next 36 months.On September 11, the U.S. Treasury Department announced that, as part of its "economic isolation" campaign against Iran, its Office of Foreign Assets Control (OFAC) would add individuals and entities supporting Irans proxy network in the Middle East to its sanctions list. The sanctions target individuals and entities including members of Hezbollah. On August 24, U.S. Treasury Secretary Bessenter announced a new round of sanctions against Iran as part of the "economic isolation" campaign, aimed at further increasing pressure on the country.On September 11, Yemeni government officials said on the 10th that Houthi rebels had deployed troops on the Hanish Islands, a strategic location in the Red Sea, after the government navy withdrew. That evening, the Yemeni government forces designated an area on the countrys west coast as a "combat zone." The anonymous government official stated that the Houthis entered the Hanish Islands immediately after the Yemeni government navy withdrew on the afternoon of the 10th and established military positions. The Hanish Islands, located north of the Bab el-Mandeb Strait and close to major international shipping lanes, have significant strategic value for monitoring and ensuring maritime traffic security. On the same day, after several hours of intense fighting, the Houthis captured Muha, a strategic Red Sea port city in Taiz province in southwestern Yemen, forcing government forces to retreat south to the Zubab region, located between Muha and the Bab el-Mandeb Strait.
