People Familiar With Deal Say Oracle Canceled $7 Billion Tencent AI Chip Lease
The five-year plan was valued at an estimated $7 billion and would have given Tencent access to as many as 100,000 chips at Oracle data centers in Southeast Asia.
The five-year plan was valued at an estimated $7 billion and would have given Tencent access to as many as 100,000 chips at Oracle data centers in Southeast Asia.
The board also approved a recurring $0.10 semiannual dividend; both payments are scheduled for Jan. 21, 2027, for shareholders of record Jan. 7.
Lenovo Group, HPE, Dell and Supermicro are expected to start delivering systems as production increases. Initial racks are running workloads for five named customers.
Consolidated production remains on track for full-year guidance, and the company expects a strong fourth quarter, especially at Marigold.
Examples of major Asian equity markets include China, Japan, South Korea, Taiwan and Hong Kong; the effort aims to use Chainlink’s APAC Equities Streams, live on Aptos since November 2025.
The company expects an initial $0.73 to $0.77 per-share GAAP book-value benefit in Q4 2026, based on results as of Sept. 30.
The company expects adjusted gross margin near 48.5% and says its XT and AIX platforms are beginning to improve sales and delivery productivity.
Third-quarter net product sales reached $186 million, and the company is targeting positive cash flow in 2027.
Management cited higher-rate deal uncertainty, $1.3 billion in available liquidity and permanent debt with a 4.4% effective cost.
Microsoft's fiscal first-quarter revenue rose 19% to $92.28 billion, while Azure revenue grew 48%.
Fry put ChatGPT’s search-like query volume at about 20% of Google’s. Google search advertising revenue rose 12% to about $63.3 billion.
The Oct. 27 snapshot covered 50 assets and showed reserves above included user liabilities for each one.
Management also set an approximately $7 billion AI fabrics target for fiscal 2027 and cited more than 100 Etherlink customers.
Analyst kokycpcb outlined possible shifts to 台光電 (2383) for M8 and higher CCL and 南亞塑膠 (1303) for M6 and M7, but no customer transfers are confirmed.
The company will end new Max sales in November and move existing individual subscribers to a Super family plan at the same price.
Third-quarter revenue increased 8% from a year earlier to $10.4 billion. The company also raised its non-GAAP earnings-per-share outlook.
By Oct. 30, 60% of S&P 500 companies had reported, and 82% of those companies posted earnings per share above estimates.
The reorganization will affect 1,271 employees, while Canva has not disclosed how many will lose their jobs.
Shareholders of record Nov. 30 are scheduled to receive the payment Dec. 15.
The company projected fiscal Q3 revenue of $9 million to $10 million. Fiscal Q1 gross margin was 24.8%.
CEO Christopher Lynne called fiscal 2027 a reset period as AI-driven search changes weigh on student acquisition. Phoenix also expects $225 million to $240 million in adjusted EBITDA.
The company expects lower operating expenses in 2027 than in 2026, with restructuring savings taking effect that year and beyond.
Payment is scheduled for Nov. 25. Nov. 16 is both the record date and the ex-dividend date.
Shareholders of record Nov. 17 are scheduled to receive the payment Nov. 25. Nov. 17 is also the ex-dividend date.
Shareholders must be on record by Nov. 25. The payout matches the company’s July dividend.
Third-quarter revenue reached a record US$201.5 million, up 32% from a year earlier.
The record date is Nov. 30, and payment is scheduled for Dec. 15.
The medical products maker also raised its full-year revenue outlook after its third-quarter 2026 results exceeded expectations.
The total includes a $0.28 quarterly dividend and a separate $2 special dividend. Shareholders of record Nov. 17 are eligible for both payments.
The MA contract settles in Tether (USDT), offers up to 20x leverage and is available for trading around the clock.
Navitas expects AI infrastructure to exceed 40% of revenue by year-end 2026 and forecasts fourth-quarter revenue of $16 million, plus or minus $500,000.
Shareholders of record Dec. 15 qualify for the payment. The board also scheduled preferred-share dividends for Dec. 30.
A separate $0.01 third-quarter supplemental dividend is payable Dec. 21 to shareholders of record Nov. 30.
The notes had $35.8 million in face principal outstanding Sept. 30, 2026. A separate discretionary share repurchase program has about $25 million authorized, subject to liquidity.
The board approved the increase Nov. 3. Shareholders of record Nov. 18 are scheduled to receive the payment Dec. 3.
The Q4 growth outlook exceeds Q3’s 11% constant-currency pace. Management called Q3 the low point for Product Commerce margins.
The projected adjusted EBITDA range starts at breakeven. The company’s Q3 adjusted EBITDA was a $3.6 million loss.
Schroders manages $1.1 trillion in assets, but that figure is not the value of the Solana strategy.
The agreement prices about 7.43 million common shares at $10.77 each. The transaction was expected to close around Nov. 4, 2026.
Ripple CEO Brad Garlinghouse said RLUSD’s expansion supports XRP, with about half of the stablecoin issued on the XRP Ledger. Integration and institutional adoption remain priorities.