A former Colorado resident and two investment adviser firms he controls agreed to pay the Securities and Exchange Commission a $1 million penalty to settle claims he and the firms misled investors and reaped millions in ill-gotten gains.



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Gil Luria, D.A. Davidson’s head of technology research, breaks down Oracle’s first-quarter earnings report and forecast on “Bloomberg The Close.” Oracle’s cloud infrastructure revenue increased 55% to $3.3 billion, while analysts anticipated a 53% expansion. Profit, excluding some items, was $1.47 per share compared with the $1.48 average estimate.



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Invesco Ltd.’s Alessio de Longis sees more pain ahead for the dollar as the Federal Reserve appears close to easing monetary policy, which would shrink its yield advantage over its peers.



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