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US stocks: Oracle shares tumbles 12% as hefty AI spending, debt plans spook investorsOracle faced a sharp decline in stock prices on Thursday, triggering alarms among investors who are anxious about the company’s escalating ...- Infosys, HCL Tech, other IT stocks tumble up to 3%. What's spooking investors?Indian IT stocks, led by Infosys, HCLTech and LTIMindtree, fell up to 3% as hotter-than-expected US inflation fuelled concerns over prolong...
- Explained: Why Oracle shares crashed 10% in extended trading despite earnings beatOracle shares fell sharply in after-hours trading despite beating earnings estimates, as investors reacted to aggressive AI spending plans ...
- Oracle awarded US contract to provide government-wide HR softwareOracle will provide a cloud-based HR platform to replace the individual systems of agencies, Office of Personnel Management Director Scot...
- Oracle's AI spending blows past estimates, raising worries over growing debtOracle, which has major deals to build data centers for customers such as Meta Platforms and OpenAI, is working to position itself as a ma...
- 'Everybody wanted a house-help, not a child': Abandoned at 2 and forced through 10 homes, he ran away at 11. Ex-Oracle boss, Tamil Nadu-based founder, shares a story that left the dinner table silentA Tamil Nadu founder, Pradeep Kannan, shared the profound story of his employee, Shan, who was abandoned at age two and passed through ten ...
- 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 project...
- Wall Street Week Ahead: Blockbuster SpaceX IPO set to test high-flying US stocks rallySpaceX's massive $75 billion IPO is set to launch next week, potentially valuing the company at $1.75 trillion. Investors are watching clos...
- Govt to tap AI for mapping supply chains and investment clustersIndia's upcoming Statistical Business Register (SBR) will leverage AI and analytics to map supply chains, identify investment clusters, and...
- CBSE files police complaint over cyber attacks on post-result portalThe Central Board of Secondary Education has filed a formal complaint with Delhi Police regarding coordinated cyber attacks on its post-res...
- UK-based database management firm DSP opens first overseas GCC in Bengaluru, partners GoodWorks GroupUK database firm DSP has launched its first overseas Global Capability Centre in Bengaluru. This marks DSP's entry into India. The new cent...
- Company laid off techie with just 12 minutes farewell. A week later, they made a shocking discovery: ‘Nobody even knew…’A company laid off a senior engineer to save money. This engineer was the only one fixing critical system problems every night. After his d...
- 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 tril...
- Grest becomes first private firm to join govt IMEI verification platformGrest, a refurbished electronics platform, has partnered with C-DOT for the Sanchar Saathi initiative. This integration allows real-time ve...
- Laid off by Oracle, engineer gets 3 job offers in 45 days: Techie shares job strategy that worked for himA software engineer, laid off from Oracle, secured three job offers within 45 days by dedicating hours daily to DSA practice, learning AI e...
- UK weighs nationwide flight ban for disruptive airline passengersBritain's government is exploring a new plan to stop unruly flyers. Airlines could share details of abusive passengers in a central databas...
- Telangana traffic challans via WhatsApp, SMS, email to be legally valid after 30 days; vehicle owners must update Vahan detailsTelangana traffic fines sent digitally will now be official. Vehicle owners have one month to update contact details on the Vahan portal. A...
- Arm says ByteDance, Oracle use its data centre CPU chipsSpeaking at the annual Computex conference in Taipei, Arm CEO Rene Haas said ByteDance and Oracle are customers of AGI central processing ...
- IT stocks rally as AI deals, valuations draw investorsIndian IT stocks saw a significant surge on Monday, outperforming the broader market. The Nifty IT index reached its highest point since Ap...
- 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 agreementsOracle layoffs 2026: Oracle is finalizing its largest workforce reduction, with approximately 30,000 employees departing by mid-June. Despi...
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