A Different Kind of December: Christmas on the Beach

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  Christmas on the Shore: A Holiday Wrapped in Sunlight There’s something quietly rebellious about spending Christmas on the beach. While the rest of the world pulls on wool sweaters, warms their hands around mugs of spiced cider, and braces for winter’s bite, you’re standing barefoot in warm sand, with the sun painting everything in gold. The ocean murmurs in the background like an easygoing caroler who only knows one verse but hums it proudly. Christmas ornaments sparkle in palm trees instead of pines. And the only frost you’ll see is the faint mist on the rim of a cold drink pulled from an ice chest. For many people, Christmas is tied tightly to a sense of tradition. Snow. Fireplaces. Cozy nights. A sense of retreat from the cold. I grew up with that version, too. But the first time I celebrated Christmas on the beach, everything I thought I knew about the holiday rearranged itself. It didn’t ruin my childhood nostalgia. It didn’t replace it. Instead, it carved out a warm, sun...
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Oracle nears $1 trillion club, tech stocks rise

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Oracle’s shares increased on Thursday, continuing a record surge from the previous session and positively affecting the tech sector. 

A report from Reuters indicated that the company is approaching the significant milestone of a trillion-dollar valuation, driven by substantial growth in its AI cloud business. 

The enterprise software company's notable rise has been supported by a series of multi-billion-dollar cloud contracts, highlighting the increasing demand for computing power as many companies invest heavily to lead in the AI industry. 

The stock's performance also positions Oracle co-founder Larry Ellison to potentially surpass Elon Musk as the world's richest individual.

 Additionally, the Wall Street Journal reported on Wednesday that OpenAI has entered into a $300 billion agreement with Oracle for computing power, one of the largest deals in history, which is expected to contribute significantly to the new revenue Oracle announced on Tuesday. 

Oracle’s shares were up 2% in premarket trading after a gain of 35.9% on Wednesday, raising the company’s market capitalization to a record $933 billion at the last close.

 Co-founder Ellison experienced a considerable increase in his net worth, rising by nearly $100 billion to reach $392.6 billion, primarily due to his 41% ownership stake in Oracle, while Tesla's CEO Musk has a fortune of $439.9 billion, still leading in Forbes’ global wealth rankings. 

Shares of Nvidia and Broadcom, which produce semiconductors utilized in data centers, also saw minor increases, building on gains from the previous session. Asian counterparts experienced similar upward trends. 

Oracle’s stock was valued at a premium relative to its cloud services competitors, with a 12-month forward price-to-earnings ratio of 45.3, in comparison to Amazon’s 31.3 and Microsoft’s 31.

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