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The Latest Breaking News from Oracle

Larry Ellison's AI Fortune Keeps Growing While Oracle Cuts Jobs: Here's Why

Larry Ellison's wealth is soaring as Oracle's AI infrastructure investments boost investor optimism, despite workforce reductions. Explore the impact of AI on Oracle's share price and future growth.

International Business Times UK

Ahead of Market: 10 things that will decide D-Street action on Monday

Indian markets closed marginally higher on Thursday after a volatile expiry session, with the Sensex rising 109 points to 77,100.47 and the Nifty gaining 34 points to 24,056 after giving up intraday gains. Sentiment stayed mixed amid profit booking, FII outflows and macro cues, while global equities ended weak. Markets…

The Economic Times

Why Reports of a Delayed OpenAI IPO Are Dragging Down ORCL Stock

Oracle shares sink on reports that OpenAI is considering delaying its highly anticipated IPO. Here’s why such a development would be bearish for ORCL stock.

Barchart

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NAIC confirms data breach with ShinyHunters claiming 3.1TB of data stolen in Oracle zero-day attack

Insurer regulatory filing documents, customer bulk orders, and more, stolen in a major zero-day supply chain attack

TechRadar

Larry Ellison quietly gave $45 million to a pro-Trump group—then Oracle landed a starring role in a $500 billion AI buildout

While Big Tech's biggest names have publicly courted President Donald Trump, Oracle's billionaire cofounder took a quieter route—one that has reportedly tracked with major wins for his company and his son's media empire.

Fortune

Oracle Signals More AI-Led Layoffs After 21,000 Job Cuts and $1.8 Billion Severance Bill

Oracle has cut 21,000 jobs due to AI integration, spending $1.84 billion on restructuring. The company warns of further reductions as AI reshapes workforce needs.

International Business Times UK

Oracle reveals 21,000 layoffs in last year were due to AI

The Texas-based cloud company disclosed nearly $2 billion in severance and restructuring expenses tied to workforce reductions, which began in March

The Independent UK

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ORCL Stock Layoffs: What to Know as Oracle Cuts 21,000 Jobs

Summary: Oracle has laid off about 13% of its global workforce over the past fiscal year. Are these job cuts bullish or bearish for ORCL shares’ long-term thesis? Let’s find out!

Barchart

Oracle’s Sell-Off Looks More Like a Mispricing Than a Warning

Oracle is a critical AI infrastructure play with a growing backlog to be recognized over the next two to five years, providing ample upside potential.

MarketBeat

21,000 jobs gone in a year: Oracle becomes the latest tech giant to cut workers due to AI adoption

Oracle, a multinational technology company, is the latest company to offload a large number of its workers as it sets its sights on using AI more in its operations.

Tom’s Guide

Oracle admits it has cut 21,000 jobs, admits 'deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce'

Oracle has laid off around 12,000 workers, and admits AI is partly to blame.

TechRadar

$350 Billion Wipeout: Trillionaire Elon Musk Breaks World Record for Biggest Wealth Loss Ever as SpaceX Slumps

Elon Musk has lost an estimated $350bn in a week after a steep slide in SpaceX shares slashed his paper fortune from about $1.45tn to just under $1.1tn.

International Business Times UK

Oracle Has Cut More Than 20,000 Jobs This Past Year as Big Tech Reshapes Its Workforce

The cloud computing giant disclosed in its annual report that its global workforce fell to about 141,000 employees as of May 31, down from roughly 162,000 a year earlier, representing a decline of nearly 13%.

International Business Times

Oracle lays off 21,000 employees in just 12 months due to AI adoption and costly AI infrastructure ambitions — says layoffs will continue as internal AI deployment grows

Oracle cut 21,000 jobs in fiscal year 2026 as AI automation and AI cloud expansions reshape its workforce and spending strategy.

Tom’s Hardware

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International Business Times UK

Is AI Coming For Your Job? Concerns Mount As Oracle Lays Off Another Batch of 21,000 Employees

Oracle has cut 21,000 jobs globally, attributing the reductions to AI deployment. The company spent £1.36bn on severance and restructuring, highlighting the financial impact of its AI expansion.

France 24

US waives Iran oil sanctions as part of 60-day peace negotiations

The United States temporarily waived sanctions on Iranian oil exports on Monday, opening the door for Tehran to return to global energy markets as negotiations between the two countries continue. In this edition, we look at the impact this has had on oil prices, while also examining major job cuts…

The Economic Times

Oracle layoffs 2026: Tech giant's headcount shrinks by 21,000 amid rapid AI adoption

AI adoption has led to a 13% decline in Oracle's total workforce. The company said in its filing that the workforce adjustments were in response to various factors, including management and ⁠product changes, performance ‌issues, strategic shifts and acquisitions.

Barchart

Oracle Has the Biggest Backlog in the AI Industry. Here’s Why the Stock Is Still Down 49%.

Oracle just surpassed Microsoft in terms of the absolute size of its RPO, but real risks continue to haunt investors.

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Tom’s Guide

I tested the Ninja AutoBarista Pro — and it’s one of the most ambitious automatic coffee machines I’ve ever tested (but I’m not sure it’s in a good way)

The Ninja AutoBarista Pro is an ambitious automatic coffee machine with espresso, drip, and cold brew functions, but I’m not sure it meets all its marks.

The Guardian - UK

A viral doomsday scenario aims to shake Europe out of its AI complacency

Does a thought-experiment about US ascendancy in the technology say as much about AI jitters as it does about the reality?

BANG Premier

Model Eunice Olumide reveals why she's releasing debut album now

Eunice Olumide - who has modelled for Prada and Vivienne Westwood after being scouted at the age of 15 - is gearing up to release her debut album Love Tree under the stage name of Oracle.

The Guardian - US

Datacenters driving US clean energy growth while still threatening climate

As datacenters’ connections to electric grids are held up, big tech is forced to throw money at producing its own power

Windows Central

"The details are inaccurate": Oracle denies $3 billion Microsoft cloud deal collapse over security and compliance concerns

Reports claim Microsoft ditched a $3 billion Oracle cloud deal over compliance issues, though Oracle disputes the collapse.

TechRadar

Oracle slams report claiming a massive Microsoft cloud deal collapsed as 'inaccurate'

Previous reports that an Oracle-Microsoft deal had fallen apart were "inaccurate" but the deal's state remains unconfirmed.

Tom’s Guide

I tested the most-anticipated espresso machine of 2026 — and the Fellow Espresso Series 1 hits all its marks

Fellow Espresso Series 1 is perfect for beginners and coffee nerds alike, with enough shot profile options to fill a Yellow Pages and a pro-level steam wand.

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