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THE TRUTH ABOUT: 6 | History Defined

Oracle Has a Massive Revenue Backlog: Why is the Stock Plunging?

Oracle (NYSE:ORCL) stock remains in a steep freefall, wiping out billions of dollars in market value and emerging as one of the worst-performing stocks in the Nasdaq 100 Index this year.

Benzinga

TikTok Back on Government Devices as Trump Administration Reverses Ban Over Security Risks

On Friday, the U.S. Justice Department said that federal employees may once again download TikTok on government-issued devices, determining that the app no longer poses the national security risks that led to a federal ban in 2022.

Benzinga

OpenAI's Collapse Is a Matter of 'When, Not If': Ed Zitron Warns the Stock Market Will Pay the Price

Tech analyst Ed Zitron critiques OpenAI's role in the AI bubble, predicting its collapse could mirror the Lehman Brothers' impact on the financial market.

International Business Times UK

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Over 4,500 Google workers have signed a petition calling for layoff protections: 'These layoffs and cuts are not difficult decisions, but simply profit being put over the people that make this company run'

The petition was reportedly "greeted with closed doors and no response for the most part."

PC Gamer

Americans are angry about data centers. Politicians are feeling the pressure

Just down the road, though, cranes reach above towering fences at the site of a $16 billion project - one that has turned this town of 2,400 people into the latest U.S. flashpoint over AI data centers.

The Economic Times

Major Stock Market Crash Is Coming: Wall Street Analyst Warns Oracle Could Be the First To Fall

Oracle's financial stability is at risk due to mounting debt, a credit downgrade by S&P Global, and heavy reliance on OpenAI's successful IPO.

International Business Times UK

How Democrats’ datacenter push in swing states is risking their midterm hopes

Polls suggest many Democratic voters oppose the projects as party leaders champion AI investment

The Guardian - US

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Oracle Leads AWS, Microsoft, Google in Race to Build Japan's Secret Cloud Project to Counter Chinese Hacking Threats: Report

Oracle Corporation (NYSE:ORCL) is reportedly leading the race to provide high-security cloud services to Japan. This move is crucial for secure intelligence sharing between Tokyo and its allies.

Benzinga

Oracle Stock Crashes to a 52-Week Low. Here’s Why It Might Be Time to Buy.

Oracle's stock has crashed amid growing investor concerns about the company's aggressive AI infrastructure spending, rising debt, equity dilution, and heavy reliance on OpenAI.

Barchart

Short Seller Hunterbrook Attacked Bloom Energy’s Supply-Chain Claims. BE Stock Is Bruised, But Not Broken.

Hunterbrook attacked Bloom Energy in a report, alleging the company downplayed its reliance on Chinese supply chains for scandium oxide, a key input for its fuel cells. Shares fell as much as 12% before a rebound.

Barchart

Bahrain EDB’s CEO H.E. Noor is doubling down on growth amid mounting regional headwinds

As Gulf states compete through scale and headline-grabbing mega-projects, Bahrain EDB’s CEO H.E. Noor is pursuing a different path—leveraging regulatory innovation, specialist sectors, and strategic partnerships to position the kingdom as the region's agile investment hub.

Fortune

Banking Outages Put Big Tech in the Spotlight: UK Targets Amazon, Microsoft, Google, and Oracle

The UK's new oversight regime impacts Amazon, Microsoft, Google, and Oracle, ensuring resilience in banking and financial services. Learn the key implications under the Financial Services and Markets Act 2023.

International Business Times UK

Oracle billionaire Larry Ellison once sued the city of San Jose to land his private jet at midnight—but bought his $490 million megayacht over lattes and two emails and no lawyers were involved

Tech billionaire Larry Ellison commissioned his superyacht Rising Sun with just two emails. This deal contrasted sharply with his extensive legal battles over smaller matters. Designer Jon Bannenberg created the yacht's final masterpiece largely without modern computer design tools. This is surprising because Larry Ellison sued the city of San…

The Economic Times

AI data centre boom doubles Big Tech debt to $350 billion in five years

Major AI data center builders have doubled their debt in five years. This borrowing finances an unprecedented spending spree for economic transformation. Investors have backed these companies, buying new bonds issued globally. However, Amazon's recent bond issuance received a chilly reception from buyers. Some companies show balance sheet strain as…

The Economic Times

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The Guardian - UK

Bank of England handed powers to regulate key tech firms including Amazon and Google

Direct oversight of ‘critical third parties’ such as Oracle and Microsoft given to ensure resilient cyber-defences and help safeguard UK economy

The Times of India

Billionaire Larry Ellison once fought the entire city of San Jose so he could land his private jet at midnight, but when it came to buying a $490 million megayacht, he did it over lattes and two emails

Larry Ellison, the tech titan, exemplifies contrasts through extravagant purchases and turbulent legal encounters. His lavish superyacht was created with little legal fuss, showcasing a whimsical side. Yet, after five years, he embraced minimalism amidst a notable drop in his wealth due to stock market changes. As Oracle’s fiscal health…

Evening Standard

UK to regulate cloud service providers to protect financial system

The move is designed to protect the country’s financial system and make sure they have measures in place to support outages or disruption.

The Times of India

'Critical third parties': UK puts Microsoft, Google, Amazon and Oracle under financial oversight

Major cloud providers like Microsoft and Google are now critical third parties. This designation brings their cloud operations under direct regulatory oversight. The new framework aims to safeguard the country's financial system resilience. This move addresses increasing reliance on cloud services by financial firms. The regulations take effect on July…

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The Economic Times

Starbucks taps tech's wonder kid and serves Microsoft, IBM a cold brew

Starbucks is developing artificial intelligence tools internally to replace existing software. These new applications could replace systems currently bought from Microsoft and IBM. The coffee chain aims to reduce significant annual spending on software licenses. Some of these AI-powered tools may be implemented by the end of next year. This…

Windows Central

"It's the kayfabe of a tech industry that really has run out of ideas.": Zitron says Microsoft’s trillion‑dollar AI push is a bubble built on hype, hidden losses, and demand that doesn’t exist

AI adjacent stocks are taking a battering lately ... including Microsoft's. But why? It could be that the market has already crowned the winner: Google. It could also be that the supposed "multi-trillion dollar" industry is actually going to end up a lot more niche than expected.

The Economic Times

120,000 tech jobs cut in 2026 as AI drives Big Tech's reset; India's IT could be next

Global technology layoffs are resurfacing in 2026, driven by artificial intelligence adoption. Companies are restructuring teams and automating tasks, even while reporting strong revenues. India's IT sector faces potential job losses as companies redesign their operational strategies. Fresh graduates are experiencing delayed onboarding and withdrawn job offers from major tech…

Fortune

Amazon’s $25 billion ‘surprise’ bond sale dangled extra yield to lure in buyers—and flashed a warning sign about the AI boom

Hyperscalers have sold an estimated $194 billion in AI-related bonds this year, and widening spreads on Amazon’s latest bond issuance show the market wants tech giants to pony up.

Barchart

A $2.2 Billion Reason to Buy Oracle Stock Here

Oracle’s AI spending has rattled investors, but Piper Sandler believes the market is overlooking a $2.2 billion cloud growth opportunity.

International Business Times

Amazon Has Already Raised More Than $60 Billion In Bond Sales This Year. It Is Now Seeking To Raise Tens More

Amazon is reportedly planning to raise $25 billion in a bond sale.

Benzinga

Data Center Leases Top $850 Billion as Meta, Microsoft, Oracle Lead Record AI Infrastructure Spending

U.S. tech companies increased their commitments for data center leases to over $850 billion in the first quarter of 2026, setting a record high in the race to build artificial intelligence infrastructure.

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