Oracle’s AI Spend Outruns Cloud Revenues: What’s Ahead for the Stock? – June 26, 2026
Key Takeaways Oracles fiscal 2026 capex jumped 162% to $55.7B, while free cash flow fell to negative $23.7B.Oracle’s…
David Jones NZ revenue falls 11% as lease write-down drives $4.4m loss
David Jones has only one store in New Zealand, in the Newmarket Westfield mall, covering roughly 7000sq m…
Media Insider: Sky TV reveals $4.8m financial loss for free-to-air Three (TV3) – says more cost cuts coming
Sky TV acquired Three from global giant Warner Bros Discovery for a nominal $1 in a cash-free, debt-free…
Moana Pasifika: Sport NZ was warned about shaky finances in 2023
The financial agreement between Sport NZ and the club included an initial grant of up to $1m with…
Stock Takes: After the Iran deal, will the New Zealand sharemarket get back on track?
“Anecdotal reports from companies regarding their trading were very good and then the end of March and then…
KiwiSaver hardship withdrawals surge as living costs hit households
Although the increase in hardship withdrawals is significant, only a small proportion of members access their funds early.…
How NZ can balance AI innovation with financial advice safety – Tim Williams
Clients may make unsuitable investment decisions by following non-compliant financial advice from offshore GenAI chatbots. Tim Williams It…
Finance Minister Nicola Willis holds press conference at Parliament on state of the economy
Finance Minister Nicola Willis receiving a standing ovation from her colleagues after presenting Budget 2026 in the House.…
AI Storage Boom Aids NAND Demand: Can Micron Capitalize on the Trend? – June 12, 2026
Key Takeaways Micron’s NAND revenues jumped 169% year over year and 82% sequentially to $5 billion in fiscal…
Coca-Cola New Zealand reports bumper $109m profit for 2025, pays $125m dividend to parent company
Income tax paid by the business was relatively flat at $42.3m for the year, although the company did…
Sephora NZ posts fifth straight loss as Mecca grows NZ beauty sales
The Sylvia Park and Newmarket stores also reported an impairment loss of $86,308 relating to their intangible assets.…
Health workers at the epicenter of Congo’s Ebola outbreak labor with little pay or rest
MONGBWALU, Congo (AP) — Dr. Richard Lokudu, the medical director of Mongbwalu General Referral Hospital, has received barely…