Disappointing Oracle results knock $80bn off value amid AI bubble fears

Weaker-than-forecast quarterly data for Larry Ellison’s tech company shows slowdown in revenue growth and big rise in spending

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Oracle’s shares tumbled 15% on Thursday in response to the company’s quarterly financial results, disclosed the day before.

Roughly $80bn vanish from the value of the business software company co-founded by Donald Trump ally Larry Ellison, falling from $630bn (£470bn) to $550bn and fuelling fears of a bubble in artificial intelligence-related stocks. Shares in the chipmaker Nvidia, seen as a bellwether for the AI boom, fell after Oracle’s.

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Brad Lander to challenge Dan Goldman for New York congressional seat

Outgoing comptroller and progressive ally of Zohran Mamdani launches primary bid for Congress

Brad Lander, the outgoing comptroller of New York City and a former candidate for mayor, announced on Wednesday that he is running for the US Congress in a challenge from the left to fellow Democrat and representative, Dan Goldman – with the backing of the city’s progressive mayor-elect.

Lander will run in the Democratic primary contest next year for a liberal district in lower Manhattan and north-west Brooklyn.

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Powerful storms dump heavy rain and swell rivers across US Pacific north-west

Series prompts high-water rescues as it passes Washington state and Oregon as flood watches put in effect along coast

A series of powerful storms hit the Pacific north-west, dumping heavy rain, swelling rivers and prompting high-water rescues in several states.

An unusually strong storm system called an atmospheric river is passing through the region, bringing heavy rainfall across western Washington and north-western Oregon and more than a foot of snow in the northern Rockies and north-western Wyoming.

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These young Australians grew up with social media - what do they think of the ban?

The BBC took to the streets of Sydney to find out what young people aged between 18 and 20 think of Australia’s under-16s social media ban.

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Ex-Trump lawyer Alina Habba quits as top federal prosecutor in New Jersey

Resignation comes despite administration’s efforts to keep her in place after courts found she was serving unlawfully

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Donald Trump’s former lawyer Alina Habba says she is resigning as top federal prosecutor in New Jersey, she announced on social media.

Habba’s resignation came after district and appellate court rulings which found she was unlawfully serving in the role, a powerful post charged with enforcing federal criminal and civil law.

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Democrats urge Pentagon to release video of strike on alleged drug boat

Trump team faces mounting pressure as members of Congress allege that the deadly attack was unlawful

US Democrats on Sunday pushed the Trump administration to release video of a second strike on an alleged drug boat incapacitated in the Caribbean, continuing to escalate pressure on the Pentagon amid accusations the attack was unlawful.

Eleven people died in the 2 September attack, including two men killed in a follow-up strike as they reportedly clung to wreckage for an hour. That killing has been met with intense scrutiny and accusations of war crimes after the Washington Post reported defense secretary Pete Hegseth gave an order to “kill them all”. Adm Frank Bradley of the US navy, who oversaw the attack, told lawmakers on Thursday there was no such order – and the Pentagon has defended the legality of the attack.

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Trump criticises Democrat he pardoned over not switching political parties

Texas Representative Henry Cuellar is running for re-election as a Democrat after Trump pardoned him.

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Detained Georgia veteran deserves to stay in US after serving country, fiancee says

Jamaican-born US army veteran faces deportation as more non-US citizen military members are swept up by ICE raids

The fiancee of a Jamaican-born, decorated US army veteran who is now facing deportation under the Trump administration says she hopes his story might inspire legislative action to restore immigration protections for former military members.

“If you served this country, you deserve a chance to stay in this country,” said April Watkins, who is engaged to Godfrey Wade, one of tens of thousands who have been put in immigration detention under Donald Trump’s second presidency. “That is the hope for not only him but for any veteran who sits in a detention center. Look at their service that they gave this country and take that into consideration.”

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Man arrested after people at Heathrow allegedly attacked with ‘form of pepper spray’

Police think incident at airport car park involved theft of a suitcase and ‘people known to each other’

A man has been arrested on suspicion of assault after people were allegedly attacked with a “form of pepper spray” at a multistorey car park at Heathrow airport Terminal 3, police have said.

The Metropolitan police said armed officers were called to the terminal’s car park at about 8.11am to a report of people being assaulted.

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Senator says ICE ‘attack dog’ caused ‘horrific’ injuries to unresisting man as he was detained

Patty Murray of Washington state said ICE agents lied to Wilmer Toledo-Martinez to lure him outside before dog attacked him

A US senator has condemned the Trump administration after she alleged that an Immigration and Customs Enforcement (ICE) “attack dog” mauled one of her constituents.

Democratic senator Patty Murray of Washington state said Wilmer Toledo-Martinez suffered “horrific” injuries while ICE agents detained him in November.

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