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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'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...
- 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...
- 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...
- Healthtech unicorn Innovaccer acquires CaduceusHealth amid AI pushThe Caduceus acquisition will add nearly 200 employees to Innovaccer’s rolls and open up a new avenue for the company in revenue cycle mana...
- Deloitte India could lead professional services space soon: Romal ShettyDeloitte India’s leadership believes that the future of professional services will extend beyond traditional offerings to solutions, platfo...
- Oracle leaves freshers in limbo; D2C carts go coldHappy Friday! Oracle has started pulling back campus offers from top institutes, leaving students caught in the crossfire. This and more in...
- Big Tech pours billions into AI while thousands pack their bagsBig Tech's March quarter 2026 earnings reveal a significant AI-driven transformation, with revenue up across the board. Companies are proje...
- AI spending boom soars but no returns for big tech giants, warns Jefferies’ Chris WoodRising AI investments by global tech giants are straining cash flows, with capex nearing record levels relative to operating cash flow. Des...
- Cognizant tops estimates even as Q1 net profit dips marginally; eyes layoffsNet profit was $663 million in the same period a year earlier. However, sequentially, net profit gained by 2.1%. Despite the flat profit gr...
- 80 seconds of big tech earnings will decide stock market’s fateInvestors await earnings reports from Alphabet, Meta, and Microsoft after trading ends Wednesday. These tech giants' results will guide mar...
- India’s real estate will meet the reality of agentic AIIndia’s IT slowdown, driven by AI-driven automation and shrinking outsourcing demand, is beginning to hit real estate, mortgages, and emplo...
- US Stock Market: OpenAI growth concerns spark broad selloff in AI-linked stocksA broad selloff swept across artificial intelligence–linked stocks after a report indicated that OpenAI failed to meet key sales and user g...
- Ahead of Market: 10 things that will decide stock market action on WednesdayNifty 50 and BSE Sensex declined amid selling in banking, auto and IT stocks. Markets remain range-bound, awaiting triggers, with analysts ...
- US stocks today: Nasdaq underperforms S&P 500, Dow as AI growth worries hit tech stocksThe Nasdaq Composite saw a decline on Tuesday. Investors are questioning the sustainability of the artificial intelligence boom for tech st...
- US stocks today: Oracle, CoreWeave lead AI selloff on OpenAI growth concernsShares of AI companies fell on Tuesday. OpenAI reportedly missed user and revenue goals. This has sparked worries about its ability to fund...
- Oracle, CoreWeave shares drop after report flags OpenAI growth worriesOpenAI's recent performance has caused a stir. The company reportedly missed targets for new users and revenue. This has led to worries abo...
- U.S. Stock Market today: S&P 500, Nasdaq, Dow Jones trading to be hugely driven by these factors on TuesdayU.S. Stock Market on Tuesday is heading for mixed opening with S&P 500, Nasdaq, Dow Jones are set for volatile trading.
- At SpaceX, AI is burning the cash that Starlink earnsSpaceX's ambitious IPO plans reveal a pivot towards AI, with significant capital spending allocated to its AI division, xAI. While Starlink...
- Applied Digital signs $7.5 billion AI data centre lease with US hyperscalerApplied Digital secured a long-term lease worth $7.5 billion has been signed with an unnamed US hyperscaler. This agreement covers three hu...
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