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ORACLE STOCK DECLINE 2023
Global Market: China stocks mixed, Hong Kong shares edge higher as AI weakness weighsChina's mainland stocks traded mixed on Monday as AI and semiconductor shares fell, dragging the CSI AI Index down 1.2% and the STAR50 down...- Larry Ellison cancels plan to sell Oracle stock worth up to $7.5 billionLarry Ellison has scrapped his strategy to unload up to fifty million shares of Oracle. No shares have been sold under this plan, and there...
- Oracle to spend $700 million more on restructuring costs as it ramps up AI spendingIn a bid to enhance its AI capabilities, Oracle has decided to raise restructuring costs by $700 million, making the total amount for its f...
- US stocks today: US stocks end higher as strong inflation data cements rate-hike betsUS stocks ended higher on Friday as accelerating consumer prices strengthened expectations of a Federal Reserve rate hike next week. The Do...
- US stocks today: Dow Jones soars 600 pts, Nasdaq 1% as oil prices fall amid high August inflationUS stocks rose sharply on Friday after August inflation data showed consumer prices increased 0.4%. The Dow gained 1.23%, S&P 500 1.05% and...
- Oracle rises as AI-fueled backlog growth deflects spending worriesOracle shares rose 3% in early trading after a $26 billion increase in its revenue backlog eased concerns over its debt-funded AI spending....
- Oracle shares rise as AI cloud backlog beats estimatesOracle shares rose significantly after reporting strong quarterly results. The company secured over thirty billion dollars in new AI cloud ...
- UAE revises AI data center plan after Iranian attacks, sources sayIn light of recent attacks linked to Iran, the UAE is re-evaluating its extensive AI data center project. Officials are contemplating distr...
- Oracle earnings show slower cash burn as AI spending starts to pay off; stock jumps 4% after marketOracle’s latest earnings offered investors relief as stronger-than-expected revenue and a smaller cash burn eased concerns over its heavy A...
- Oracle shares rally: Can strong AI demand sustain Oracle’s stock surge?Oracle shares jumped after the company beat quarterly revenue and earnings estimates, while cloud infrastructure revenue more than doubled ...
- From 52% to 42%: Is HDFC Bank’s 10 percentage point drop in FII shareholding a worrying sign?HDFC Bank has seen a sharp decline in foreign investor ownership since its merger with HDFC, reflecting concerns over slower growth, fundin...
- 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...
- Global Market Today: Asian stocks, bonds fall on oil, inflation concernFollowing a notable rise in oil prices, Asian stocks and bonds faced a downturn, signaling a shift in market sentiment. The latest inflatio...
- Global Market Today: Asian stocks to fall as oil stokes inflation fearsEquity-index futures for Japan, South Korea and Australia pointed lower after the S&P 500 Index fell 0.5%, led by industrial and consumer-d...
- Sebi fines two Jindal Steel designated persons for trading-window violationsSebi has fined two designated persons of Jindal Steel & Power Rs 1 lakh each for trading in the company’s shares and stock options during t...
- Oracle earnings: AI growth, OpenAI deal and $20 billion funding planOracle's upcoming earnings will put its AI cloud growth, massive $638 billion backlog and funding requirements under the spotlight. Investo...
- 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...
- GQG sale of Adani Energy shares said to disrupt hedge fund betsGQG Partners’ Adani Energy Solutions stake sale added unexpected supply during MSCI’s rebalancing auction, overwhelming passive-fund demand...
- Oracle layoffs 2026 September 1 update: US employees ‘watch’ Slack counts after no 6 AM job-cut email — when could layoffs happen?Oracle layoffs 2026: The dreaded 6 am layoff email failed to arrive on September 1, leaving Oracle employees across the US and India watchi...
- Oracle 6 a.m. layoff notice: Will more employees get this letter on September 1 that 30,000 received on March 31 morning?On March 31, Oracle executed a massive layoff, affecting thousands of employees worldwide. Notices were sent through email, indicating that...
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