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The Latest Breaking News from Oracle

Wiped Out by AI: How Oracle's Record-Breaking Profits Cost 30,000 Departing Workers Their Severance and Stock

Oracle Corp is executing its largest downsizing, cutting 30,000 jobs to fund AI expansion, despite strong financial results driven by cloud and AI growth.

International Business Times UK

Investors Bearish on Oracle Ahead of Earnings - Unusually Heavy ORCL Put Options Trading

A Barchart report today shows unusually heavy trading in Oracle put options ahead of its earnings due out next Wednesday, June 10, after the market closes. This may signal that investors are bearish.

Barchart

Inside the Trump money machine: How the president and his family are cashing in on his return to the White House

Trump has consistently faced scrutiny for leveraging his presidency for personal financial advantage, a pattern that has encompassed everything from merchandise deals and crypto ventures to hosting high-dollar political and official events at his properties

The Independent UK

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Arm Holdings CEO says US would have difficulty banning AI CPU chip exports to China

Arm Holdings CEO Rene Haas said on ‌Tuesday ⁠that ⁠it would be difficult to block the export of CPUs to China that are ⁠useful for ‌AI because of their widespread ⁠use and as it would be difficult to only block AI CPUs.

The Economic Times

Quote of the day by Oracle co-founder Larry Ellison: "Citizens will be on their best behavior, because we’re constantly recording and reporting everything that is going on" — a dire warning on the erosion of privacy

Legendary technologist Larry Ellison has outlined a vision for an increasingly aggressive surveillance state in the 21st century

TechRadar

MU stock price today hits new record above $1,000 as Micron crosses $1 trillion market cap: What's driving the rally and what are analysts' price targets?

Micron (MU) stock price target: Micron Technology's stock surged past $1,000, driven by robust demand for AI infrastructure and its key role in supplying high-bandwidth memory (HBM). Analysts are raising price targets, with some projecting significant long-term growth, though forecasts remain divided on the sustainability of the AI boom.

The Economic Times

Oracle to complete 30,000 job cuts by June 15: What's the reason, which team is impacted the most and what Oracle workers could be giving up when they sign severance agreements

Oracle layoffs 2026: Oracle is finalizing its largest workforce reduction, with approximately 30,000 employees departing by mid-June. Despite strong financial performance and significant growth in its AI business, the company is redirecting resources towards AI infrastructure. The layoffs, particularly within Oracle Health, have raised concerns about ongoing projects and obligations.

The Economic Times

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The 10 richest people in the world: Elon Musk, Larry Page and Jeff Bezos lead the global wealth race

The richest people in the world have become even richer than ever before due to the ongoing emergence and development of artificial intelligence, cloud computing, and infrastructure technologies. The combined wealth of the world’s richest people has increased to around $2.9 trillion. This rise mainly occurred during the past month,…

The Times of India

AI Hyperscalers Are Taking on Debt, But the Broader Market Looks More Leveraged

Despite ramping up debt to fund massive AI investments, hyperscalers still carry lower net leverage than the broader S&P 500.

Barchart

Is the AI Bet Starting to Crack? Big Tech's AI Gamble Shows Negative Returns Despite Surge in Spending

Major US tech firms face negative returns on AI investments by 2030, with only Amazon showing positive outcomes.

International Business Times UK

Tony Blair says he is all about the future – but his vision is woefully stuck in the past

He insists he is so right but gets so much badly wrong, not least the absurdity that the UK should have joined Donald Trump in the quagmire that is Iran, says Guardian columnist Jonathan Freedland

The Guardian - UK

Zack Polanski demands transparency amid concerns over Tony Blair's AI lobbying

Zack Polanski has urged the UK Government to be transparent amid concerns over the links between its AI policy and the Tony Blair Institute ...

The National (Scotland)

How Is Oracle's Stock Performance Compared to Other Software Stocks

Oracle has outperformed the basic materials sector, and analysts remain highly optimistic about the stock’s outlook

Barchart

The CFOs steering Big Tech's trillion-dollar AI bet

At Meta, Microsoft, Alphabet, Oracle, OpenAI, and Nvidia, the finance chiefs steering AI investments are all women.

Fortune

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The National (Scotland)

Zack Polanksi says BBC 'letting billionaire buy Question Time' over imbalanced panel

QUESTION Time has been called out for a “dangerous” lack of balance on its panel – with Zack Polanski suggesting the BBC had allowed a…

Fortune

Five giant hyperscalers—and Nvidia—share a surprising trait: female CFOs

How female finance chiefs rose to the top at the most consequential moment for AI spending.

Barchart

A $2.6 Billion Reason to Buy Bloom Energy Stock Now

Bloom Energy just landed a $2.6 billion deal with Nebius. Here's why BE stock looks like one of the best AI infrastructure plays right now.

Fortune

BofA says you'll be 10x more productive with AI. Ignore the 0.1% result so far

The bank sees a productivity boom and an implementation gap. Here's the argument for why it will close — and why the bubble may pop before that.

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International Business Times UK

Donald Trump Sparks High-Stakes Financial Mockery After Allegedly Confusing an AI Firm for a Sushi Restaurant in Up to £3.76 Million ($5M) Deal

President Trump's unexpected investment in Kura Sushi USA has sparked speculation and market reactions, highlighting potential mix-ups and broader concerns about his financial activities.

The Economic Times

Sacked H-1B staff asked to do more B-2 paperwork

Tech giants such as Amazon, Oracle, and Meta have laid off thousands of employees in the past few months, and a large number of the affected people are estimated to be from India on H-1B visas. The visa rules give them 60 days to find new employment, or they must…

Bangkok Post

The computational wall AI can't climb

Today's AI term is "complexity ceiling". This is the term that indicates AI agents will never be able to reach the goals that marketing has set for the technology. This derives from a paper by Vishal Sikka, former CEO of Infosys, board member at Oracle and BMW, who studied under…

MarketBeat

Does Nano Nuclear Energy’s New Deal Amp the Outlook?

Nano Nuclear Energy is well-positioned to deliver power for data centers and industrial applications but its stock price has headwinds for investors to avoid.

International Business Times UK

Ex-OpenAI Insider Leopold Aschenbrenner Shorts Nvidia and Oracle — Makes Bold $13.6 Billion AI-Crypto Play

Leopold Aschenbrenner, a former OpenAI researcher, is transforming investments by focusing on energy infrastructure and computing for AGI. Discover his bold moves and their impact on AI's future.

MarketBeat

Caledonia Investments H2 Earnings Call Highlights

Caledonia Investments (LON:CLDN) reported a 5.4% net asset value total return for the year ended March 31, 2026, as positive contributions from all three of its investment pools were offset in part by market volatility, foreign exchange movements and a widening share price discount to NAV. Chief Ex

MarketBeat

Why Applied Optoelectronics Stock May Be Near a Turning Point

Applied Optoelectronics is well-positioned for hyperscaler demand but faces execution challenges and potential disruption from copacked optics.

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