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The most recent encounter between Real Madrid and Atalanta took place in a pre-season friendly match, serving as a warm-up for the upcoming campaign. Despite the friendly nature of the match, both teams approached the game with intensity and determination. Real Madrid once again emerged victorious, this time with a 2-1 win, with goals from Rodrygo and Nacho Fernandez. Atalanta fought valiantly and managed to pull one back through a goal from Alejandro Gomez, but it was not enough to overcome Real Madrid's superior quality.

First and foremost, it is crucial to acknowledge that China and South Korea have maintained a complex and multifaceted relationship over the years. Both countries are important economic partners, with extensive trade ties and significant investments in each other's economies. Additionally, they have collaborated on various diplomatic issues, such as addressing regional security challenges and promoting multilateral cooperation. However, the recent political instability in South Korea could test the strength of their bilateral relationship.Moreover, the railway authorities have also taken measures to ensure the safety and comfort of passengers during the journey. Trains are equipped with modern facilities, such as air-conditioning, comfortable seating, and clean restrooms, making the long hours of travel more bearable. In addition, security personnel are deployed to maintain order and assist passengers, creating a safe and pleasant environment for everyone on board.

In a press statement issued by the host family's spokesperson, they stated, "We are deeply saddened by the allegations being made against us. Sarah was a traveler in need of shelter, and we provided her with a safe place to stay. At no point did we ever detain her or prevent her from leaving. We are cooperating fully with the authorities to clear our name and bring this matter to a swift resolution."In conclusion, the Bank of Japan's decision to hold a speech and press conference has sent shockwaves through the financial markets and raised expectations for a potential interest rate hike. As investors and economists eagerly await further developments, the central bank's rare public announcement serves as a reminder of the importance of clear communication and transparency in guiding monetary policy. The coming days are likely to be crucial as the Bank of Japan's message is deciphered and its implications for the economy and financial markets are fully understood.

Black Ops 6 devs admit Ranked Play has a cheating problemBy SAMY MAGDY CAIRO — Famine is spreading in Sudan due to a war between the military and a notorious paramilitary group that has devastated the country and created the world’s largest displacement crisis, a global hunger monitoring group said Tuesday. The Integrated Food Security Phase Classification, or IPC, said it detected famine in five areas, including in Sudan’s largest displacement camp, Zamzam , in North Darfur province, where famine was found for the first time in August. The report said the war has triggered unprecedented mass displacement and a collapsing economy. It said hostilities can result in farmers abandoning their crops, looting and stock destruction. FILE – People gather to collect water in Khartoum, Sudan, May 28, 2023. (AP Photo/Marwan Ali, File) FILE – Sudanese Khadiga Omer adam sits by her sick child in an MSF-run clinic in the Aboutengue displacement site near Acre, Chad, Friday, Oct 4. 2024. (AP Photo/Sam Mednick, File) FILE – Sudanese refugees arrive in Acre, Chad, Sunday, Oct 6. 2024. (AP Photo/Sam Mednick, File) File – A man walks by a house hit in recent fighting in Khartoum, Sudan, an area torn by fighting between the military and the notorious paramilitary Rapid Support Forces, April 25, 2023. (AP Photo/Marwan Ali, File) FILE – Residents displaced from a surge of violent attacks squat on blankets and in hastily made tents in the village of Masteri in west Darfur, Sudan, on July 30, 2020. (Mustafa Younes via AP, File) FILE – A World Food Programme (WFP) truck backs up to load food items from a recently landed UN helicopter, in Yida camp, South Sudan, Sept. 14, 2012. (AP Photo/Mackenzie Knowles-Coursin) FILE – Sudanese refugee girls carry water supplies near a polling station in the refugee camp of Zamzam, on the outskirts of El Fasher, Darfur, Sudan, on April 13, 2010. (AP Photo/Nasser Nasser, File) FILE -People line up in front of a bakery during a cease-fire in Khartoum, Sudan, May 27, 2023. (AP Photo/Marwan Ali, File) This grab from video shows smoke rising over Khartoum, Sudan on Thursday Sept. 26, 2024, after Sudan’s military started an operation to take areas of the capital from its rival, the paramilitary Rapid Support Forces. (AP Photo/Rashed Ahmed) File – A man walks by a house hit in recent fighting in Khartoum, Sudan, an area torn by fighting between the military and the notorious paramilitary Rapid Support Forces, April 25, 2023. (AP Photo/Marwan Ali, File) FILE – People gather to collect water in Khartoum, Sudan, May 28, 2023. (AP Photo/Marwan Ali, File) FILE – Sudanese refugees displaced by the conflict in Sudan gather to receive food staples from aid agencies at the Metche Camp in eastern Chad Tuesday, March 5, 2024. (AP Photo/Jsarh Ngarndey Ulrish, File) Women who fled war in Sudan rest in a refugee camp in Adre, Chad, Saturday, Oct. 5, 2024. (AP Photo/Sam Mednick) A woman who fled war in Sudan and requested anonymity because she feared retribution after reporting sexual exploitation, holds her baby in a refugee camp in Adre, Chad, Saturday, Oct. 5, 2024. (AP Photo/Sam Mednick) People cross into Chad from Sudan in Adre, Chad, Sunday, Oct. 6, 2024. (AP Photo/Sam Mednick) A woman who fled war in Sudan digs in a refugee camp in Adre, Chad, Thursday, Oct. 3, 2024. (AP Photo/Sam Mednick) Patients are treated in an MSF-run clinic in the Aboutengue displacement site near Acre, Chad, Friday, Oct 4. 2024. (AP Photo/Sam Mednick) Halima Habdullha holds her 7-month-old severely malnourished daughter Kaltum Abakar in an MSF-run clinic in the Aboutengue displacement site near Acre, Chad, Friday, Oct 4. 2024. (AP Photo/Sam Mednick) Ousmane Taher and his family cross from Sudan into Chad near Acre Sunday, Oct 6. 2024. (AP Photo/Sam Mednick) Sudanese refugees arrive in Acre, Chad, Sunday, Oct 6. 2024. (AP Photo/Sam Mednick) FILE – People gather to collect water in Khartoum, Sudan, May 28, 2023. (AP Photo/Marwan Ali, File) Along with the Zamzam camp, which has more than 400,000 people, famine was also detected in two other camps for displaced people, Abu Shouk and al-Salam in North Darfur, and the Western Nuba Mountains, the IPC report said. Five other areas in North Darfur are projected “with reasonable evidence” to experience famine in the next six months, including el-Fasher, the provincial capital of North Darfur, it said. Seventeen areas in the Nuba Mountains and the northern and southern areas of Darfur are at risk of famine, it added. The report also said some areas in the capital, Khartoum, and the east-central province of Gezira “may be experiencing” famine-like conditions. It said experts were unable to confirm whether famine threshold has been surpassed due to lack of data. “It is not merely a lack of food but a profound breakdown of health, livelihoods and social structures, leaving entire communities in a state of desperation,” it said. There is widespread hunger, with food in markets scarce and prices high. Aid groups say they struggle to reach the most vulnerable as warring parties limit access, especially in North Darfur province. Ahead of the IPC’s report, Sudan’s government said it had suspended its participation in the global monitoring system, according to a senior United Nations official with knowledge of the move. In a letter dated Dec. 23, Agriculture Minister Abu Baker al-Beshri accused the IPC of “issuing unreliable reports that undermine Sudan’s sovereignty and dignity,” said the U.N. official, who spoke in condition of anonymity to discuss the letter. Sudan’s 20-month war has killed more than than 24,000 people and driven over 14 million people — about 30% of the population — from their homes, according to the United Nations. An estimated 3.2 million Sudanese have crossed into neighboring countries including Chad, Egypt and South Sudan. The war began in April 2023 when tensions between its military and paramilitary Rapid Support Forces exploded into fighting in Khartoum before spreading to other areas. The conflict has been marked by atrocities including ethnically motivated killing and rape, according to the U.N. and rights groups. The International Criminal Court is investigating alleged war crimes and crimes against humanity. Related Articles Dervla Cleary, a senior emergency and rehabilitation officer at the U.N.’s Food and Agriculture Organization, said 638,000 people are experiencing famine. “The situation in Sudan is just awful. It is unacceptable in a world like today,” she said. The IPC report called for a ceasefire, calling it the only way to reduce the risk of famine spreading further.” Sudan is the third country where famine was declared in the past 15 years, along with South Sudan and Somalia. The IPC comprises more than a dozen U.N. agencies, aid groups and governments that use its monitoring as a global reference for analysis of food and nutrition crises. The organization has also warned that large parts of Gaza’s Palestinian population face the threat of famine.Plan to shrink civil service dropped but ministers seek ‘original thinkers’Giroux helps the Senators beat the struggling Predators 3-1

NoneAUSTIN, Texas , Dec. 9, 2024 /PRNewswire/ -- Oracle Corporation (NYSE: ORCL) today announced fiscal 2025 Q2 results. Total quarterly revenues were up 9% year-over-year, in both USD and constant currency, to $14.1 billion . Cloud services and license support revenues were up 12% year-over-year, in both USD and constant currency, to $10.8 billion . Cloud license and on-premise license revenues were up 1% in USD and up 3% in constant currency, to $1.2 billion . Q2 GAAP operating income was $4.2 billion . Non-GAAP operating income was $6.1 billion , up 10% in both USD and constant currency. GAAP operating margin was 30%, and non-GAAP operating margin was 43%. GAAP net income was $3.2 billion . Non-GAAP net income was $4.2 billion , up 12% in both USD and constant currency. Q2 GAAP earnings per share was $1.10 , up 24% in USD and up 23% in constant currency, while non-GAAP earnings per share was $1.47 , up 10% in both USD and constant currency. Short-term deferred revenues were $9.4 billion . Over the last twelve months, operating cash flow was $20.3 billion and free cash flow was $9.5 billion . "Record level AI demand drove Oracle Cloud Infrastructure revenue up 52% in Q2, a much higher growth rate than any of our hyperscale cloud infrastructure competitors," said Oracle CEO, Safra Catz . "Growth in the AI segment of our Infrastructure business was extraordinary—GPU consumption was up 336% in the quarter—and we delivered the world's largest and fastest AI SuperComputer scaling up to 65,000 NVIDIA H200 GPUs. With our remaining performance obligation (RPO) up 50% to $97 billion , we believe our already impressive growth rates will continue to climb even higher. This fiscal year, total Oracle Cloud revenue should top $25 billion ." "Oracle Cloud Infrastructure trains several of the world's most important generative AI models because we are faster and less expensive than other clouds," said Oracle Chairman and CTO, Larry Ellison . "And we just signed an agreement with Meta—for them to use Oracle's AI Cloud Infrastructure—and collaborate with Oracle on the development of AI Agents based on Meta's Llama models. The Oracle Cloud trains dozens of specialized AI models and embeds hundreds of AI Agents in cloud applications. For example, Oracle's AI Agents automate drug design, image and genomic analysis for cancer diagnostics, audio updates to electronic health records for patient care, satellite image analysis to predict and improve agricultural output, fraud and money laundering detection, dual-factor biometric computer logins, and real time video weapons detection in schools. Oracle trained AI models and AI Agents will improve the rate of scientific discovery, economic development and corporate growth throughout the world. The scale of the opportunity is unimaginable." The board of directors declared a quarterly cash dividend of $0.40 per share of outstanding common stock. This dividend will be paid to stockholders of record as of the close of business on January 9, 2025 , with a payment date of January 23, 2025 . Earnings Conference Call and Webcast Oracle will hold a conference call and webcast today to discuss these results at 4:00 p.m. Central. A live and replay webcast will be available on the Oracle Investor Relations website at www.oracle.com/investor/ . About Oracle Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com . Trademarks Oracle, Java, MySQL, and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing. "Safe Harbor" Statement: Statements in this press release relating to future plans, expectations, beliefs, intentions and prospects, including the expectations for converting the Remaining Performance Obligations to revenue, future total Oracle Cloud revenue this fiscal year and the scale of opportunity for Oracle trained AI models and AI Agents, are "forward-looking statements" and are subject to material risks and uncertainties. Risks and uncertainties that could affect our current expectations and our actual results, include, among others: our ability to develop new products and services, integrate acquired products and services and enhance our existing products and services, including our AI products; our management of complex cloud and hardware offerings, including the sourcing of technologies and technology components; our ability to secure data center capacity; significant coding, manufacturing or configuration errors in our offerings; risks associated with acquisitions; economic, political and market conditions; information technology system failures, privacy and data security concerns; cybersecurity breaches; unfavorable legal proceedings, government investigations, and complex and changing laws and regulations. A detailed discussion of these factors and other risks that affect our business is contained in our SEC filings, including our most recent reports on Form 10-K and Form 10-Q, particularly under the heading "Risk Factors." Copies of these filings are available online from the SEC or by contacting Oracle's Investor Relations Department at (650) 506-4073 or by clicking on SEC Filings on the Oracle Investor Relations website at www.oracle.com/investor/ . All information set forth in this press release is current as of December 9, 2024 . Oracle undertakes no duty to update any statement in light of new information or future events. ORACLE CORPORATION Q2 FISCAL 2025 FINANCIAL RESULTS CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS ($ in millions, except per share data) Three Months Ended November 30, % Increase % Increase (Decrease) % of % of (Decrease) in Constant 2024 Revenues 2023 Revenues in US $ Currency (1) REVENUES Cloud services and license support $ 10,806 77 % $ 9,639 74 % 12 % 12 % Cloud license and on-premise license 1,195 9 % 1,178 9 % 1 % 3 % Hardware 728 5 % 756 6 % (4 %) (3 %) Services 1,330 9 % 1,368 11 % (3 %) (3 %) Total revenues 14,059 100 % 12,941 100 % 9 % 9 % OPERATING EXPENSES Cloud services and license support 2,746 19 % 2,274 17 % 21 % 21 % Hardware 172 1 % 213 2 % (20 %) (19 %) Services 1,167 8 % 1,253 10 % (7 %) (7 %) Sales and marketing 2,190 16 % 2,093 16 % 5 % 5 % Research and development 2,471 18 % 2,226 17 % 11 % 11 % General and administrative 387 3 % 375 3 % 3 % 3 % Amortization of intangible assets 591 4 % 755 6 % (22 %) (22 %) Acquisition related and other 31 0 % 47 0 % (34 %) (33 %) Restructuring 84 1 % 83 1 % 0 % 1 % Total operating expenses 9,839 70 % 9,319 72 % 6 % 6 % OPERATING INCOME 4,220 30 % 3,622 28 % 17 % 16 % Interest expense (866) (6 %) (888) (7 %) (3 %) (3 %) Non-operating income (expenses), net 36 0 % (14) 0 % * * INCOME BEFORE INCOME TAXES 3,390 24 % 2,720 21 % 25 % 24 % Provision for income taxes 239 2 % 217 2 % 11 % 10 % NET INCOME $ 3,151 22 % $ 2,503 19 % 26 % 26 % EARNINGS PER SHARE: Basic $ 1.13 $ 0.91 Diluted $ 1.10 $ 0.89 WEIGHTED AVERAGE COMMON SHARES OUTSTANDING: Basic 2,790 2,746 Diluted 2,869 2,817 (1) We compare the percent change in the results from one period to another period using constant currency disclosure. We present constant currency information to provide a framework for assessing how our underlying businesses performed excluding the effect of foreign currency rate fluctuations. To present this information, current and comparative prior period results for entities reporting in currencies other than United States dollars are converted into United States dollars at the exchange rates in effect on May 31, 2024, which was the last day of our prior fiscal year, rather than the actual exchange rates in effect during the respective periods. Movements in international currencies relative to the United States dollar during the three months ended November 30, 2024 compared with the corresponding prior year period increased our operating income by 1 percentage point. * Not meaningful ORACLE CORPORATION Q2 FISCAL 2025 FINANCIAL RESULTS RECONCILIATION OF SELECTED GAAP MEASURES TO NON-GAAP MEASURES (1) ($ in millions, except per share data) Three Months Ended November 30, % Increase (Decrease) in US $ % Increase (Decrease) in Constant Currency (2) 2024 2024 2023 2023 GAAP Non-GAAP GAAP Non-GAAP GAAP Adj. Non-GAAP GAAP Adj. Non-GAAP TOTAL REVENUES $ 14,059 $ - $ 14,059 $ 12,941 $ - $ 12,941 9 % 9 % 9 % 9 % TOTAL OPERATING EXPENSES $ 9,839 $ (1,876) $ 7,963 $ 9,319 $ (1,914) $ 7,405 6 % 8 % 6 % 8 % Stock-based compensation (3) 1,170 (1,170) - 1,029 (1,029) - 14 % * 14 % * Amortization of intangible assets (4) 591 (591) - 755 (755) - (22 %) * (22 %) * Acquisition related and other 31 (31) - 47 (47) - (34 %) * (33 %) * Restructuring 84 (84) - 83 (83) - 0 % * 1 % * OPERATING INCOME $ 4,220 $ 1,876 $ 6,096 $ 3,622 $ 1,914 $ 5,536 17 % 10 % 16 % 10 % OPERATING MARGIN % 30 % 43 % 28 % 43 % 203 bp. 58 bp. 196 bp. 52 bp. INCOME TAX EFFECTS (5) $ 239 $ 820 $ 1,059 $ 217 $ 655 $ 872 11 % 22 % 10 % 21 % NET INCOME $ 3,151 $ 1,056 $ 4,207 $ 2,503 $ 1,259 $ 3,762 26 % 12 % 26 % 12 % DILUTED EARNINGS PER SHARE $ 1.10 $ 1.47 $ 0.89 $ 1.34 24 % 10 % 23 % 10 % DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING 2,869 - 2,869 2,817 - 2,817 2 % 2 % 2 % 2 % (1) This presentation includes non-GAAP measures. Our non-GAAP measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures, and should be read only in conjunction with our consolidated financial statements prepared in accordance with GAAP. For a detailed explanation of the adjustments made to comparable GAAP measures, the reasons why management uses these measures, the usefulness of these measures and the material limitations on the usefulness of these measures, please see Appendix A. (2) We compare the percent change in the results from one period to another period using constant currency disclosure. We present constant currency information to provide a framework for assessing how our underlying businesses performed excluding the effect of foreign currency rate fluctuations. To present this information, current and comparative prior period results for entities reporting in currencies other than United States dollars are converted into United States dollars at the exchange rates in effect on May 31, 2024, which was the last day of our prior fiscal year, rather than the actual exchange rates in effect during the respective periods. (3) Stock-based compensation was included in the following GAAP operating expense categories: Three Months Ended Three Months Ended November 30, 2024 November 30, 2023 GAAP Adj. Non-GAAP GAAP Adj. Non-GAAP Cloud services and license support $ 158 $ (158) $ - $ 137 $ (137) $ - Hardware 8 (8) - 6 (6) - Services 53 (53) - 45 (45) - Sales and marketing 195 (195) - 174 (174) - Research and development 657 (657) - 573 (573) - General and administrative 99 (99) - 94 (94) - Total stock-based compensation $ 1,170 $ (1,170) $ - $ 1,029 $ (1,029) $ - (4) Estimated future annual amortization expense related to intangible assets as of November 30, 2024 was as follows: Remainder of fiscal 2025 $ 1,092 Fiscal 2026 1,639 Fiscal 2027 672 Fiscal 2028 635 Fiscal 2029 561 Fiscal 2030 522 Thereafter 558 Total intangible assets, net $ 5,679 (5) Income tax effects were calculated reflecting an effective GAAP tax rate of 7.1% and 8.0% in the second quarter of fiscal 2025 and 2024, respectively, and an effective non-GAAP tax rate of 20.1% and 18.8% in the second quarter of fiscal 2025 and 2024, respectively. The difference in our GAAP and non-GAAP tax rates in each of the second quarters of fiscal 2025 and 2024 was primarily due to the net tax effects related to stock-based compensation expense; acquisition related and other items, including the tax effects on amortization of intangible assets; and restructuring expense, partially offset by the net deferred tax effects related to an income tax benefit that was previously recorded due to the partial realignment of our legal entity structure. * Not meaningful ORACLE CORPORATION Q2 FISCAL 2025 YEAR TO DATE FINANCIAL RESULTS CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS ($ in millions, except per share data) Six Months Ended November 30, % Increase % Increase (Decrease) % of % of (Decrease) in Constant 2024 Revenues 2023 Revenues in US $ Currency (1) REVENUES Cloud services and license support $ 21,324 78 % $ 19,186 75 % 11 % 11 % Cloud license and on-premise license 2,065 8 % 1,987 8 % 4 % 5 % Hardware 1,383 5 % 1,470 6 % (6 %) (5 %) Services 2,594 9 % 2,751 11 % (6 %) (5 %) Total revenues 27,366 100 % 25,394 100 % 8 % 8 % OPERATING EXPENSES Cloud services and license support 5,344 20 % 4,452 18 % 20 % 20 % Hardware 333 1 % 432 2 % (23 %) (22 %) Services 2,314 8 % 2,465 10 % (6 %) (6 %) Sales and marketing 4,226 15 % 4,118 16 % 3 % 3 % Research and development 4,777 18 % 4,442 17 % 8 % 8 % General and administrative 745 3 % 769 3 % (3 %) (3 %) Amortization of intangible assets 1,215 4 % 1,518 6 % (20 %) (20 %) Acquisition related and other 44 0 % 58 0 % (25 %) (25 %) Restructuring 157 1 % 222 1 % (29 %) (29 %) Total operating expenses 19,155 70 % 18,476 73 % 4 % 4 % OPERATING INCOME 8,211 30 % 6,918 27 % 19 % 19 % Interest expense (1,708) (6 %) (1,760) (7 %) (3 %) (3 %) Non-operating income (expenses), net 57 0 % (63) 0 % * * INCOME BEFORE INCOME TAXES 6,560 24 % 5,095 20 % 29 % 30 % Provision for income taxes 480 2 % 172 1 % 179 % 181 % NET INCOME $ 6,080 22 % $ 4,923 19 % 24 % 24 % EARNINGS PER SHARE: Basic $ 2.19 $ 1.80 Diluted $ 2.13 $ 1.75 WEIGHTED AVERAGE COMMON SHARES OUTSTANDING: Basic 2,775 2,737 Diluted 2,860 2,820 (1) We compare the percent change in the results from one period to another period using constant currency disclosure. We present constant currency information to provide a framework for assessing how our underlying businesses performed excluding the effect of foreign currency rate fluctuations. To present this information, current and comparative prior period results for entities reporting in currencies other than United States dollars are converted into United States dollars at the exchange rates in effect on May 31, 2024, which was the last day of our prior fiscal year, rather than the actual exchange rates in effect during the respective periods. Movements in international currencies relative to the United States dollar during the six months ended November 30, 2024 compared with the corresponding prior year period had no impact to our total revenues, total operating expenses and operating income. * Not meaningful ORACLE CORPORATION Q2 FISCAL 2025 YEAR TO DATE FINANCIAL RESULTS RECONCILIATION OF SELECTED GAAP MEASURES TO NON-GAAP MEASURES (1) ($ in millions, except per share data) Six Months Ended November 30, % Increase (Decrease) in US $ % Increase (Decrease) in Constant Currency (2) 2024 2024 2023 2023 GAAP Non-GAAP GAAP Non-GAAP GAAP Adj. Non-GAAP GAAP Adj. Non-GAAP TOTAL REVENUES $ 27,366 $ - $ 27,366 $ 25,394 $ - $ 25,394 8 % 8 % 8 % 8 % TOTAL OPERATING EXPENSES $ 19,155 $ (3,592) $ 15,563 $ 18,476 $ (3,676) $ 14,800 4 % 5 % 4 % 6 % Stock-based compensation (3) 2,176 (2,176) - 1,878 (1,878) - 16 % * 16 % * Amortization of intangible assets (4) 1,215 (1,215) - 1,518 (1,518) - (20 %) * (20 %) * Acquisition related and other 44 (44) - 58 (58) - (25 %) * (25 %) * Restructuring 157 (157) - 222 (222) - (29 %) * (29 %) * OPERATING INCOME $ 8,211 $ 3,592 $ 11,803 $ 6,918 $ 3,676 $ 10,594 19 % 11 % 19 % 12 % OPERATING MARGIN % 30 % 43 % 27 % 42 % 276 bp. 141 bp. 279 bp. 140 bp. INCOME TAX EFFECTS (5) $ 480 $ 1,500 $ 1,980 $ 172 $ 1,478 $ 1,650 179 % 20 % 181 % 21 % NET INCOME $ 6,080 $ 2,092 $ 8,172 $ 4,923 $ 2,198 $ 7,121 24 % 15 % 24 % 15 % DILUTED EARNINGS PER SHARE $ 2.13 $ 2.86 $ 1.75 $ 2.53 22 % 13 % 23 % 14 % DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING 2,860 - 2,860 2,820 - 2,820 1 % 1 % 1 % 1 % (1) This presentation includes non-GAAP measures. Our non-GAAP measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures, and should be read only in conjunction with our consolidated financial statements prepared in accordance with GAAP. For a detailed explanation of the adjustments made to comparable GAAP measures, the reasons why management uses these measures, the usefulness of these measures and the material limitations on the usefulness of these measures, please see Appendix A. (2) We compare the percent change in the results from one period to another period using constant currency disclosure. We present constant currency information to provide a framework for assessing how our underlying businesses performed excluding the effect of foreign currency rate fluctuations. To present this information, current and comparative prior period results for entities reporting in currencies other than United States dollars are converted into United States dollars at the exchange rates in effect on May 31, 2024, which was the last day of our prior fiscal year, rather than the actual exchange rates in effect during the respective periods. (3) Stock-based compensation was included in the following GAAP operating expense categories: Six Months Ended Six Months Ended November 30, 2024 November 30, 2023 GAAP Adj. Non-GAAP GAAP Adj. Non-GAAP Cloud services and license support $ 299 $ (299) $ - $ 248 $ (248) $ - Hardware 14 (14) - 11 (11) - Services 96 (96) - 78 (78) - Sales and marketing 356 (356) - 309 (309) - Research and development 1,226 (1,226) - 1,057 (1,057) - General and administrative 185 (185) - 175 (175) - Total stock-based compensation $ 2,176 $ (2,176) $ - $ 1,878 $ (1,878) $ - (4) Estimated future annual amortization expense related to intangible assets as of November 30, 2024 was as follows: Remainder of fiscal 2025 $ 1,092 Fiscal 2026 1,639 Fiscal 2027 672 Fiscal 2028 635 Fiscal 2029 561 Fiscal 2030 522 Thereafter 558 Total intangible assets, net $ 5,679 (5) Income tax effects were calculated reflecting an effective GAAP tax rate of 7.3% and 3.4% in the first half of fiscal 2025 and 2024, respectively, and an effective non-GAAP tax rate of 19.5% and 18.8% in the first half of fiscal 2025 and 2024, respectively. The difference in our GAAP and non-GAAP tax rates in each of the first half of fiscal 2025 and 2024 was primarily due to the net tax effects related to stock-based compensation expense; acquisition related and other items, including the tax effects on amortization of intangible assets; and restructuring expense, partially offset by the net deferred tax effects related to an income tax benefit that was previously recorded due to the partial realignment of our legal entity structure. * Not meaningful ORACLE CORPORATION Q2 FISCAL 2025 FINANCIAL RESULTS CONDENSED CONSOLIDATED BALANCE SHEETS ($ in millions) November 30, May 31, 2024 2024 ASSETS Current Assets: Cash and cash equivalents $ 10,941 $ 10,454 Marketable securities 370 207 Trade receivables, net 8,177 7,874 Prepaid expenses and other current assets 4,015 4,019 Total Current Assets 23,503 22,554 Non-Current Assets: Property, plant and equipment, net 26,432 21,536 Intangible assets, net 5,679 6,890 Goodwill, net 62,204 62,230 Deferred tax assets 11,984 12,273 Other non-current assets 18,681 15,493 Total Non-Current Assets 124,980 118,422 TOTAL ASSETS $ 148,483 $ 140,976 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Notes payable and other borrowings, current $ 8,162 $ 10,605 Accounts payable 2,679 2,357 Accrued compensation and related benefits 1,653 1,916 Deferred revenues 9,430 9,313 Other current liabilities 7,128 7,353 Total Current Liabilities 29,052 31,544 Non-Current Liabilities: Notes payable and other borrowings, non-current 80,462 76,264 Income taxes payable 9,553 10,817 Deferred tax liabilities 2,864 3,692 Other non-current liabilities 12,316 9,420 Total Non-Current Liabilities 105,195 100,193 Stockholders' Equity 14,236 9,239 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 148,483 $ 140,976 ORACLE CORPORATION Q2 FISCAL 2025 FINANCIAL RESULTS CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS ($ in millions) Six Months Ended November 30, 2024 2023 Cash Flows From Operating Activities: Net income $ 6,080 $ 4,923 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation 1,712 1,510 Amortization of intangible assets 1,215 1,518 Deferred income taxes (601) (1,049) Stock-based compensation 2,176 1,878 Other, net 298 331 Changes in operating assets and liabilities: (Increase) decrease in trade receivables, net (451) 145 Decrease in prepaid expenses and other assets 676 301 Decrease in accounts payable and other liabilities (1,143) (1,048) Decrease in income taxes payable (1,685) (1,541) Increase in deferred revenues 454 149 Net cash provided by operating activities 8,731 7,117 Cash Flows From Investing Activities: Purchases of marketable securities and other investments (636) (515) Proceeds from sales and maturities of marketable securities and other investments 356 157 Acquisitions, net of cash acquired - (59) Capital expenditures (6,273) (2,394) Net cash used for investing activities (6,553) (2,811) Cash Flows From Financing Activities: Payments for repurchases of common stock (300) (600) Proceeds from issuances of common stock 307 426 Shares repurchased for tax withholdings upon vesting of restricted stock-based awards (898) (1,733) Payments of dividends to stockholders (2,221) (2,190) (Repayments of) proceeds from issuances of commercial paper, net (396) 1,749 Proceeds from issuances of senior notes and term loan credit agreements, net of issuance costs 11,837 - Repayments of senior notes and term loan credit agreements (9,700) (3,500) Other, net (276) 31 Net cash used for financing activities (1,647) (5,817) Effect of exchange rate changes on cash and cash equivalents (44) (10) Net increase (decrease) in cash and cash equivalents 487 (1,521) Cash and cash equivalents at beginning of period 10,454 9,765 Cash and cash equivalents at end of period $ 10,941 $ 8,244 ORACLE CORPORATION Q2 FISCAL 2025 FINANCIAL RESULTS FREE CASH FLOW - TRAILING 4-QUARTERS (1) ($ in millions) Fiscal 2024 Fiscal 2025 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 GAAP Operating Cash Flow $ 17,745 $ 17,039 $ 18,239 $ 18,673 $ 19,126 $ 20,287 Capital Expenditures (8,290) (6,935) (5,981) (6,866) (7,855) (10,745) Free Cash Flow $ 9,455 $ 10,104 $ 12,258 $ 11,807 $ 11,271 $ 9,542 Operating Cash Flow % Growth over prior year 68 % 13 % 18 % 9 % 8 % 19 % Free Cash Flow % Growth over prior year 76 % 20 % 68 % 39 % 19 % (6 %) GAAP Net Income $ 9,375 $ 10,137 $ 10,642 $ 10,467 $ 10,976 $ 11,624 Operating Cash Flow as a % of Net Income 189 % 168 % 171 % 178 % 174 % 175 % Free Cash Flow as a % of Net Income 101 % 100 % 115 % 113 % 103 % 82 % (1) To supplement our statements of cash flows presented on a GAAP basis, we use non-GAAP measures of cash flows on a trailing 4-quarter basis to analyze cash flow generated from operations. We believe free cash flow is also useful as one of the bases for comparing our performance with our competitors. The presentation of non-GAAP free cash flow is not meant to be considered in isolation or as an alternative to net income as an indicator of our performance, or as an alternative to cash flows from operating activities as a measure of liquidity. ORACLE CORPORATION Q2 FISCAL 2025 FINANCIAL RESULTS SUPPLEMENTAL ANALYSIS OF GAAP REVENUES (1) ($ in millions) Fiscal 2024 Fiscal 2025 Q1 Q2 Q3 Q4 TOTAL Q1 Q2 Q3 Q4 TOTAL REVENUES BY OFFERINGS Cloud services $ 4,635 $ 4,775 $ 5,054 $ 5,311 $ 19,774 $ 5,623 $ 5,937 $ 11,559 License support 4,912 4,864 4,909 4,923 19,609 4,896 4,869 9,765 Cloud services and license support 9,547 9,639 9,963 10,234 39,383 10,519 10,806 21,324 Cloud license and on-premise license 809 1,178 1,256 1,838 5,081 870 1,195 2,065 Hardware 714 756 754 842 3,066 655 728 1,383 Services 1,383 1,368 1,307 1,373 5,431 1,263 1,330 2,594 Total revenues $ 12,453 $ 12,941 $ 13,280 $ 14,287 $ 52,961 $ 13,307 $ 14,059 $ 27,366 AS REPORTED REVENUE GROWTH RATES Cloud services 30 % 25 % 25 % 20 % 25 % 21 % 24 % 23 % License support 2 % 2 % 1 % 0 % 1 % 0 % 0 % 0 % Cloud services and license support 13 % 12 % 12 % 9 % 12 % 10 % 12 % 11 % Cloud license and on-premise license (10 %) (18 %) (3 %) (15 %) (12 %) 7 % 1 % 4 % Hardware (6 %) (11 %) (7 %) (1 %) (6 %) (8 %) (4 %) (6 %) Services 2 % (2 %) (5 %) (6 %) (3 %) (9 %) (3 %) (6 %) Total revenues 9 % 5 % 7 % 3 % 6 % 7 % 9 % 8 % CONSTANT CURRENCY REVENUE GROWTH RATES (2) Cloud services 29 % 24 % 24 % 20 % 24 % 22 % 24 % 23 % License support 0 % 0 % 1 % 1 % 0 % 0 % 0 % 0 % Cloud services and license support 12 % 11 % 11 % 10 % 11 % 11 % 12 % 11 % Cloud license and on-premise license (11 %) (19 %) (3 %) (14 %) (12 %) 8 % 3 % 5 % Hardware (8 %) (12 %) (7 %) 0 % (7 %) (8 %) (3 %) (5 %) Services 1 % (3 %) (5 %) (6 %) (3 %) (8 %) (3 %) (5 %) Total revenues 8 % 4 % 7 % 4 % 6 % 8 % 9 % 8 % CLOUD SERVICES AND LICENSE SUPPORT REVENUES BY ECOSYSTEM Applications cloud services and license support $ 4,471 $ 4,474 $ 4,584 $ 4,642 $ 18,172 $ 4,769 $ 4,784 $ 9,552 Infrastructure cloud services and license support 5,076 5,165 5,379 5,592 21,211 5,750 6,022 11,772 Total cloud services and license support revenues $ 9,547 $ 9,639 $ 9,963 $ 10,234 $ 39,383 $ 10,519 $ 10,806 $ 21,324 AS REPORTED REVENUE GROWTH RATES Applications cloud services and license support 11 % 10 % 10 % 6 % 9 % 7 % 7 % 7 % Infrastructure cloud services and license support 15 % 14 % 13 % 12 % 14 % 13 % 17 % 15 % Total cloud services and license support revenues 13 % 12 % 12 % 9 % 12 % 10 % 12 % 11 % CONSTANT CURRENCY REVENUE GROWTH RATES (2) Applications cloud services and license support 11 % 9 % 10 % 6 % 9 % 7 % 7 % 7 % Infrastructure cloud services and license support 14 % 12 % 13 % 13 % 13 % 14 % 17 % 16 % Total cloud services and license support revenues 12 % 11 % 11 % 10 % 11 % 11 % 12 % 11 % GEOGRAPHIC REVENUES Americas $ 7,841 $ 8,067 $ 8,270 $ 8,945 $ 33,122 $ 8,372 $ 8,933 $ 17,305 Europe/Middle East/Africa 3,005 3,170 3,316 3,539 13,030 3,228 3,381 6,609 Asia Pacific 1,607 1,704 1,694 1,803 6,809 1,707 1,745 3,452 Total revenues $ 12,453 $ 12,941 $ 13,280 $ 14,287 $ 52,961 $ 13,307 $ 14,059 $ 27,366 (1) The sum of the quarterly information presented may vary from the year-to-date information presented due to rounding. (2) We compare the percent change in the results from one period to another period using constant currency disclosure. We present constant currency information to provide a framework for assessing how our underlying businesses performed excluding the effect of foreign currency rate fluctuations. To present this information, current and comparative prior period results for entities reporting in currencies other than United States dollars are converted into United States dollars at the exchange rates in effect on May 31, 2024 and 2023 for the fiscal 2025 and fiscal 2024 constant currency growth rate calculations presented, respectively, rather than the actual exchange rates in effect during the respective periods. APPENDIX A ORACLE CORPORATION Q2 FISCAL 2025 FINANCIAL RESULTS EXPLANATION OF NON-GAAP MEASURES To supplement our financial results presented on a GAAP basis, we use the non-GAAP measures indicated in the tables, which exclude certain business combination accounting entries and expenses related to acquisitions, as well as other significant expenses including stock-based compensation, that we believe are helpful in understanding our past financial performance and our future results. Our non-GAAP financial measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures and should be read only in conjunction with our consolidated financial statements prepared in accordance with GAAP. Our management regularly uses our supplemental non-GAAP financial measures internally to understand, manage and evaluate our business and make operating decisions. These non-GAAP measures are among the primary factors management uses in planning for and forecasting future periods. Compensation of our executives is based in part on the performance of our business based on these non-GAAP measures. Our non-GAAP financial measures reflect adjustments based on the following items, as well as the related income tax effects: View original content: https://www.prnewswire.com/news-releases/oracle-announces-fiscal-2025-second-quarter-financial-results-302326639.html SOURCE Oracle

The crackdown by the State Administration of Radio, Film, and Television (SARFT) on the AI-modified parodies of the TV drama "Empresses in the Palace" has stirred up a storm in the online community. The controversial act of digital editing that depicts the characters from the popular series, such as "甄嬛" (Qing Dynasty character) holding a gun, has raised concerns about the boundaries of creative expression in the digital age.Throughout his career, Rafael faced challenges and setbacks, including injuries that limited his playing time. However, his resilience and determination to succeed kept him motivated to continue pushing himself to be the best player he could be. His unwavering work ethic and professionalism served as an inspiration to many aspiring young footballers looking to make their mark in the sport.

The new, 12-team College Football Playoff brings with it a promise to be bigger, more exciting, more lucrative. Perfect or 100% fair? Well, nobody ever believed that. The first expanded playoff bracket unveiled Sunday left a presumably deserving Alabama team on the sideline in favor of an SMU squad that finished with a better record after playing a schedule that was not as difficult. It ranked undefeated Oregon first but set up a possible rematch against Ohio State, the team that came closest to beating the Ducks this year. It treated underdog Boise State like a favorite and banged-up Georgia like a world beater at No. 2. It gave Ohio State home-field advantage against Tennessee for reasons it would take a supercomputer to figure out. It gave the sport the multiweek tournament it has longed for, but also ensured there will be plenty to grouse about between now and when the trophy is handed out on Jan. 20 after what will easily be the longest college football season in history. All of it, thankfully, will be sorted out on the field starting with first-round games on campuses Dec. 20 and 21, then over three succeeding rounds that will wind their way through traditional bowl sites. Maybe Oregon coach Dan Lanning, whose undefeated Ducks are the favorite to win it all, put it best when he offered: "Winning a national championship is not supposed to be easy.” Neither, it turns out, is figuring out who should play for it. The Big Ten will lead the way with four teams in the tournament, followed by the SEC with three and the ACC with two. The lasting memory from the inaugural bracket will involve the decision that handed the ACC that second bid. Alabama of the SEC didn't play Saturday. SMU of the ACC did. The Mustangs fell behind by three touchdowns to Clemson before coming back to tie. But they ultimately lost 34-31 on a 56-yard field goal as time expired. “We were on pins and needles,” SMU coach Rhett Lashley said. “Until we saw the name ‘SMU’ up there, we were hanging on the edge. We're really, really happy and thankful to the committee for rewarding our guys for their total body of work." The Mustangs only had two losses, compared to three for the Crimson Tide. Even though SMU's schedule wasn't nearly as tough, the committee was impressed by the way the Mustangs came back against Clemson. “We just felt, in this particular case, SMU had the nod above Alabama,” said Michigan athletic director Warde Manuel, the chairman of the selection committee. “But it’s no disrespect to Alabama’s strength of schedule. We looked at the entire body of work for both teams.” Alabama athletic director Greg Byrne was gracious, up to a point. “Disappointed with the outcome and felt we were one of the 12 best teams in the country,” he said on social media. He acknowledged — despite all of Alabama’s losses coming against conference opponents this season — that the Tide’s push to schedule more games against teams from other major conferences in order to improve its strength of schedule did not pay off this time. “That is not good for college football," Byrne said. Georgia, the SEC champion, was seeded second; Boise State, the Mountain West champion, earned the third seed; and Big 12 titlist Arizona State got the fourth seed and the fourth and final first-round bye. All will play in quarterfinals at bowl games on Dec. 31-Jan. 1. Clemson stole a bid and the 12th seed with its crazy win over SMU, the result that ultimately cost Alabama a spot in the field. The Tigers moved to No. 16 in the rankings, but got in as the fifth-best conference winner. The conference commissioners' idea to give conference champions preferable treatment in this first iteration of the 12-team playoff could be up for reconsideration after this season. The committee actually ranked Boise State, the Mountain West Champion, at No. 9 and Big 12 champion Arizona State at No. 12, but both get to skip the first round. Another CFP guideline: There’s no reseeding of teams after each round, which means no break for Oregon. The top-seeded Ducks will face the winner of Tennessee-Ohio State in the Rose Bowl. Oregon beat Ohio State 32-31 earlier this year in one of the season’s best games. No. 12 Clemson at No. 5 Texas, Dec. 21. Clemson is riding high after the SMU upset, while Texas is 0-2 against Georgia and 11-0 vs. everyone else this season. The winner faces ... Arizona State in the Peach Bowl. Huh? No. 11 SMU at No. 6 Penn State, Dec. 21. The biggest knock against the Mustangs was that they didn't play any big boys with that 60th-ranked strength of schedule. Well, now they get to. The winner faces ... Boise State in the Fiesta Bowl. Yes, SMU vs. Boise was the quarterfinal we all expected. No. 10 Indiana at No. 7 Notre Dame, Dec. 20. Hoosiers coach Curt Cignetti thought his team deserved a home game. Well, not quite but close. The winner faces ... Georgia in the Sugar Bowl. The Bulldogs got the No. 2 seed despite a throwing-arm injury to QB Carson Beck. But what else was the committee supposed to do? No. 9 Tennessee at No. 8 Ohio State , Dec. 21. The Buckeyes (losses to Oregon, Michigan) got home field over the Volunteers (losses to Arkansas, Georgia) in a matchup of programs with two of the biggest stadiums in football. The winner faces ... Oregon in the Rose Bowl. Feels like that matchup should come in the semifinals or later. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football

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