Companies
BusinessThe latest on Companies from our Business desk.

Oracle Trims Gains After Q1 Beat, AI Cloud Demand Outpaces Supply
Oracle stock trimmed earlier gains after the company reported stronger-than-expected first-quarter fiscal 2027 results, including a 30% revenue jump and a 121% rise in cloud infrastructure sales.

Exxon Mobil Seen Undervalued After 227.6% Five-Year Run
Exxon Mobil stock is still screening as undervalued in one recent analysis even after a 227.6% five-year gain. Investors are weighing the case for more upside against oil prices, project execution risks and a mixed valuation scorecard.

Chevron Stock Slips 1.61% As Earnings Test Looms
Chevron stock slipped 1.61% to $165.76 in the latest session, even as Wall Street indexes moved higher. Investors are now focusing on upcoming earnings, with analysts projecting strong year-over-year gains in profit and revenue.

Musk’s Net Worth Drops $18.6 Billion After Tesla Selloff
Tesla’s sharp selloff wiped $18.6 billion from Elon Musk’s fortune on Thursday, but Forbes still puts his wealth at $731.7 billion. Analysts want proof that Tesla’s robotics and robotaxi bets can turn into real results.

Tesla Plunge Knocks $18.6 Billion Off Elon Musk’s Fortune
Tesla’s sharp slide wiped $18.6 billion from Elon Musk’s fortune after an earnings report that missed profit expectations. Analysts are now pressing the company for concrete progress on robotaxi and Optimus, even as Musk’s broader paper wealth still towers over rivals.

Supermarket Pharmacies Are Spreading — But Should Your Pharmacist Really Be Next to the Bread Aisle?
Walk into a large supermarket almost anywhere in the world and you may find yourself picking up a prescription between the cereal and

GOTO Speaks on Tokopedia Mass Layoffs With 24.99% Stake
GOTO addressed reports of mass layoffs at Tokopedia, saying the financial impact on the company remains limited. Here’s the official explanation.

Student Startup Investment Model Launches at UEF
UEF has launched iVentures LaunchPad 2026, a student startup investment model that links campus ideas with mentors, investors, and the market. The program combines a 48-hour challenge, themed seminars, mentoring, and three- to six-month incubation to help student projects move closer to real business use.

Da Nang’s Startup Tech Grows With Libraries and Robots
Da Nang is pushing startup technology into practical use through Skoolib and autonomous delivery robots. Both products solve daily problems, from manual library management to costly short-distance delivery. The city, universities and investors are building the support network needed to help local startups move beyond prototypes.