Ripple’s (XRP) price rallied to a one-month peak of $0.56 on May 6. But has since shed 9% of its value. Although the altcoin remains at risk of a price decline in the short term, it may present a buying opportunity for traders looking to trade against the market. Ripple…

With seven people killed and close to a million losing power, the recent storms hit Texas hard. Restoring electricity may take days and may not be completed by Wednesday. The isolation of the Texas power grid has become a symbol of the state’s independent streak and resistance to federal oversight…

Larry Ellison’s vision for the future of medicine crystallized for him in a doctor’s office.Oracle’s billionaire cofounder needed medication to help manage his cholesterol. He said his “very fancy doctor,” a molecular biologist, prescribed a statin called Crestor. The choice was informed by Ellison’s age, sex, ethnicity, and family history.…

By Uditha JayasingheCOLOMBO (Reuters) -Sri Lanka’s new economic transformation law will be presented to parliament this week and will include measures to attract investors and increase productivity, the country’s state minister of finance said on Monday.The law, approved by the cabinet last week, will mandate targets set under Sri Lanka’s $2.9…

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Investing

Open Text (OTEX) reported solid quarterly results on May 2. Fiscal 2024 Q3 revenue rose 16.3% year-over-year to a third-quarter record $1.45 billion and came in $13 million ahead of consensus as OTEX benefited from the January 2023 acquisition of rival Micro Focus—which added $190 million more to the top…