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The Latest Breaking News from Oracle

Oracle's AI spending blows past estimates, raising worries over growing debt

Oracle, which has major deals to build data centers for customers such as Meta Platforms and OpenAI, is working to ‌position itself as a ⁠major rival ⁠to cloud leaders such as Amazon. com and Microsoft.

The Economic Times

Spinnaker Support Accelerates APAC Expansion, Appoints Vivek Pruthi as Managing Director - APAC

DENVER, June 11, 2026 /PRNewswire/ -- Spinnaker Support, the third-party software support leader trusted by more than 1,000 organizations worldwide, today announced the appointment of Vivek Pruthi as Managing Director – APAC, as the company accelerates its investment and expansion across the region. Over the past year, Spinnaker has more…

AAP

Experts Name Exact Trigger That Will Turn Tech Layoffs Into a Catastrophic Regional Recession

Tech layoffs in Silicon Valley raise concerns about a potential recession, but economists argue the impact remains contained to the tech sector, with broader economic stability still intact.

International Business Times UK

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Oracle Earnings Could Reveal a Massive $100 Billion Spending Surge. Here Is Why You Should Still Buy ORCL Stock.

BNP Paribas expects Oracle to increase its capital spending in the June 10 earnings report.

Barchart

Nasdaq Futures Plunge as Tech Selloff Deepens, U.S. Inflation Data in Focus

June Nasdaq 100 E-Mini futures (NQM26) are down -1.61% this morning as investors continued to trim exposure to the technology sector, with the focus now turning to key U.S. inflation data.

Barchart

WEKA and Oracle Cloud Infrastructure Validate 10x Throughput Gains for Long-Context AI Inference

CAMPBELL, Calif., June 10, 2026 /PRNewswire/ -- WEKA, the AI data and memory infrastructure company, today announced production-scale benchmarks that show how organizations can improve the economics of long-context AI inference by serving more users and tokens on the same GPU footprint. The benchmarks show that WEKA's NeuralMesh™ platform with…

AAP

Oracle Stock Is Careening Toward Earnings with a Heavy $100 Billion Weight on Its Back

Oracle is heading into earnings under pressure, with a $100 billion capital spending outlook and heightened investor scrutiny shaping sentiment.

Barchart

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Oracle To Slash 30,000 Jobs Despite AI Boom And Surging Cloud Revenues

Oracle plans to cut nearly 30,000 jobs by mid-2026, despite strong growth in its AI and cloud sectors, as part of a strategic restructuring.

International Business Times UK

Dear Oracle Stock Fans, Mark Your Calendars for June 10

Oracle’s June 10 earnings report could become a defining moment as investors look for proof that the stock will sustain its momentum.

Barchart

Ahead of Oracle Earnings, Here's What Barchart Data Says Comes Next for ORCL Stock

Oracle stock sinks ahead of Q4 earnings on June 10. Options pricing suggests bearish sentiment on concerns about AI infrastructure capex.

Barchart

Frost & Sullivan Names NetSuite 2026 Global Company of the Year for AI Cloud ERP

SAN ANTONIO, June 8, 2026 /PRNewswire/ -- Frost & Sullivan has named Oracle NetSuite the 2026 Global Company of the Year for AI Cloud Enterprise Resource Planning (ERP) citing NetSuite's product innovation, strong execution, and customer impact. The recognition highlights NetSuite's consistent leadership in delivering AI-powered innovation that helps organizations…

AAP

Elon Musk Net Worth: From $788,800,000,000 today to a possible $1,000,000,000,000 after SpaceX IPO— How much would each of his 14 children get?

Elon Musk Net Worth June 2026: According to Forbes, Elon Musk’s fortune stood at approximately $788.8 billion on June 8, 2026. Some projections tied to a potential SpaceX IPO suggest his wealth could eventually exceed $1 trillion if market valuations remain strong. It would represent the first time in modern…

The Economic Times

Stock Index Futures Climb as Tech Stocks Rebound, U.S. Inflation Data and SpaceX IPO Awaited

June S&P 500 E-Mini futures (ESM26) are up +0.71%, and June Nasdaq 100 E-Mini futures (NQM26) are up +1.40% this morning, signaling a rebound from Friday’s selloff on Wall Street as investors stepped in to buy the dip in technology stocks even as tensions in the Middle East pushed oil…

Barchart

SpaceX IPO, CPI Report and Other Can't Miss Items this Week

Markets face a pivotal week marked by a significant structural shift away from richly valued AI and technology stocks toward lagging sectors, evident in Friday's steep Nasdaq and S&P 500 plunges that signal investor rotation and risk reassessment.

Barchart

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The Economic Times

Wall Street Week Ahead: Blockbuster SpaceX IPO set to test high-flying US stocks rally

SpaceX's massive $75 billion IPO is set to launch next week, potentially valuing the company at $1.75 trillion. Investors are watching closely amid fears of market overexuberance, especially after recent job data fueled concerns about hawkish monetary policy. Key tech earnings and inflation data will also shape market sentiment.

Barchart

Trump Loaded Up on ServiceNow Stock at the Peak of SaaS-pocalypse Fears. What Comes Next for Software Stocks.

Trump bought millions of dollars worth of ServiceNow stock on Feb. 10, but shares has crashed since the start of the year.

Barchart

Oracle Q4 Earnings Preview: Expect AI Demand to Push ORCL Stock Even Higher

Oracle's Q4 earnings report will likely reflect surging demand for AI infrastructure and cloud services.

TechRadar

Oracle VM VirtualBox virtualization platform review

VirtualBox is a free and open-source virtualization software for Windows, Linux, and macOS users.

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Fortune

‘Big Tech is desperate’: Amazon engineers are calling out the tech giant for its $200 billion in data center spending after slashing 30,000 workers

A group of Amazon employees spoke out against unfettered AI infrastructure expansion at a Seattle Land Use and Sustainability Committee hearing this week.

The Economic Times

How Larry Ellison, Masayoshi Son, Michael Saylor AI crypto billionaires reshaping legacy wealth in 2026 markets shift?

Oracle’s AI cloud surge, SoftBank’s OpenAI-backed rebound, and MicroStrategy’s Bitcoin strategy reflect a new billionaire era. Over $1 trillion in combined market influence is being restructured through technology bets. These high-volume SEO trends highlight AI investment boom, crypto treasury models, and tech mogul comeback stories redefining global markets today. Investors…

International Business Times

Kevin O'Leary Pushes Back Against Calls To Shrink Massive Utah AI Data Center Project

Kevin O'Leary is pushing back against calls to dramatically reduce the size of a proposed artificial intelligence data center campus in northern Utah.

Destructoid

Best teams for F1 25: 2026 Season Pack career mode

New teams, new faces!

The Economic Times

Laid off by Oracle, engineer gets 3 job offers in 45 days: Techie shares job strategy that worked for him

A software engineer, laid off from Oracle, secured three job offers within 45 days by dedicating hours daily to DSA practice, learning AI engineering from scratch, and consistently applying to 10-15 jobs. This focused approach, combined with system design preparation and an active LinkedIn presence, led to a new role…

International Business Times UK

Elon Musk Net Worth: Starlink CEO Set to Become First Trillionaire From SpaceX IPO

Elon Musk's net worth has climbed to around $835 billion, with a planned SpaceX IPO in June 2026 set to test whether he becomes the world's first trillionaire.

Fortune

Texas is the new capital of the Fortune 500—taking California’s crown

The Lone Star State is now home to 57 Fortune 500 companies.

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