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ORACLE FINANCIAL REPORT
Oracle begins new round of layoffs: ReportPer documents accessed by the publication, emails were sent to impacted employees across multiple departments. They were offered four week ...- Trump administration to lend $100 million to Africell, countering Huawei in AfricaThe United States will lend nearly one hundred million dollars to Africell. This loan aims to counter China's Huawei expansion in Africa. A...
- Midcap rally hides a deeper split: Every second stock down but index up 11% in 1 year. Are investors walking on thin ice?The Nifty Midcap 150 has gained around 11% over the past year, outperforming the Nifty’s 6% decline. However, the gains have been uneven, w...
- Oracle tops estimates as AI demand tempers cash-burn fearsShares of the company, which have slumped more than 21% this year, rose 4% in extended trading after Oracle reported a jump in revenue back...
- Making people redundant is a no-win: Revolut India CEO on AI job cutsAs large private banks and financial institutions trim headcount to automate their workforce, Revolut’s Paroma Chatterjee believes it is cr...
- Kentucky mother, 82, rejects $26 million for family farm as AI data center plans advance: ‘Everything coming out of the data center is going to be poison and destructive’Kentucky woman rejected $26 million offer to turn her farm into a data center in a bid to preserve it. Ida Huddleston and her family declin...
- AI's left hand begins to take away jobs before its right hand canIn response to soaring chip prices, Samsung India is downsizing its electronics division. The burgeoning demand for specialized chips fuele...
- Coforge shares double from March low, outperform Nifty IT peers. Is more steam left in the rally?Coforge shares have experienced a remarkable resurgence, doubling since March and leaving its IT competitors behind. The company recently a...
- US Stock Market: Wall Street braces for CPI test as Fed rate-hike bets hang in balanceInvestors are turning their focus to U.S. inflation data due this week, with the August CPI and PPI reports expected to influence expectati...
- In 1979, Rahul Mehta’s parents sold their gold and silver to fund his first semester in America; decades later, he helped establish eight schools across six IITsRahul Mehta, after selling four companies, now invests in India's intellectual capital. His foundation supports academic programs at IITs, ...
- Why are global bond yields surging to multi-decade highs?Global government borrowing costs are reaching multi-decade highs as inflation persists. Bond yields in major economies like the United Sta...
- Canada benefit payments in September 2026: Who is getting money, when the payments arrive and why some Canadians will have to wait until OctoberCRA payments September 2026: Several government benefit payments are set to reach eligible Canadians in September 2026, but the money won't...
- Ahead of Market: 10 things that will decide stock market action on MondayIndian equities rebounded on Friday, with strong gains in heavyweight IT stocks lifting the Sensex and Nifty after two consecutive sessions...
- Meta’s Sandhya Devanathan to join OpenAI; IT stocks rallyMeta’s India and South East Asia head Sandhya Devanathan is departing after 10 years to join OpenAI. This and more in today’s ETtech Top 5.
- “My father could not read and write”: How Dolly Parton’s father inspired her global literacy mission that has sent 270 million books to kids across US, UK, CanadaDolly Parton’s lifelong philanthropy was deeply inspired by her father, who could not read or write. Her personal mission evolved into the ...
- AI adoption surges in Asia as companies set up new hubs in Singapore, IndiaAI and generative AI investment in Asia is projected to reach $175 billion by 2028. Many employees across Asia-Pacific already use AI at wo...
- Mark Ruffalo hits back after Paramount brands his Warner Bros. merger criticism antisemitic, calls the accusation ‘fundamentally dishonest’Actor Mark Ruffalo is currently embroiled in allegations of antisemitism by Paramount Skydance, which he has vehemently denied. Ruffalo cla...
- Tech layoffs 2026: More than 175,000 workers laid off as Apple, Microsoft, Oracle, Amazon, Meta, TikTok, Uber, LinkedIn as dozens of companies cut jobs amid AI boomTech layoffs are accelerating in 2026 as big companies such as Apple, Microsoft, Oracle, Amazon, Meta, Linkedin, TikTok, Visa and dozens of...
- Samsung, SK Hynix stand to benefit as Nvidia AI server costs surgeServer manufacturers notified major data center customers, including Microsoft, Google, and Oracle, that prices for Nvidia-based AI systems...
- $3,000 Walmart theft spree over 3 weeks: How Flock cameras helped catch Florida corrections officers accused of stealing LEGO sets and Magic cardsTwo Florida corrections officers are accused of a three-week Walmart theft spree involving more than $3,000 in LEGO sets, Magic: The Gather...
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