Apple, Oracle and Adobe Dominate the Week

We haven’t had much of a summer lull, let’s face it, what with the relentless pace of AI-related deal news, not to mention earnings. Nevertheless, the end of summer vacation changes the pace a bit this week, when we’ve got both Apple’s annual iPhone event and earnings announcements from Oracle and Adobe. And we’re also on the lookout for Anthropic’s IPO filing, which seems likely to come sometime in the next few weeks.

Leaving aside Anthropic—whose timing is highly uncertain—Oracle’s earnings announcement should be the most interesting scheduled news event of the week. Yes, Apple fans will get all worked up about the foldable iPhone expected to be unveiled on Wednesday, when new CEO John Ternus takes the stage. (Bloomberg had a nice rundown on Friday). But that’s mostly marketing. Oracle’s numbers—due out on Thursday—will give us a much-needed update on how Larry Ellison’s costly adventures in AI data centers are going.