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RARE PHOTOS: Oracle | Vintage Vibes

Oracle To Slash 30,000 Jobs Despite AI Boom And Surging Cloud Revenues

Oracle plans to cut nearly 30,000 jobs by mid-2026, despite strong growth in its AI and cloud sectors, as part of a strategic restructuring.

International Business Times UK

Dear Oracle Stock Fans, Mark Your Calendars for June 10

Oracle’s June 10 earnings report could become a defining moment as investors look for proof that the stock will sustain its momentum.

Barchart

Ahead of Oracle Earnings, Here's What Barchart Data Says Comes Next for ORCL Stock

Oracle stock sinks ahead of Q4 earnings on June 10. Options pricing suggests bearish sentiment on concerns about AI infrastructure capex.

Barchart

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Frost & Sullivan Names NetSuite 2026 Global Company of the Year for AI Cloud ERP

SAN ANTONIO, June 8, 2026 /PRNewswire/ -- Frost & Sullivan has named Oracle NetSuite the 2026 Global Company of the Year for AI Cloud Enterprise Resource Planning (ERP) citing NetSuite's product innovation, strong execution, and customer impact. The recognition highlights NetSuite's consistent leadership in delivering AI-powered innovation that helps organizations…

AAP

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 projections tied to a potential SpaceX IPO suggest his wealth could eventually exceed $1 trillion if market valuations remain strong. It would represent the first time in modern…

The Economic Times

Stock Index Futures Climb as Tech Stocks Rebound, U.S. Inflation Data and SpaceX IPO Awaited

June S&P 500 E-Mini futures (ESM26) are up +0.71%, and June Nasdaq 100 E-Mini futures (NQM26) are up +1.40% this morning, signaling a rebound from Friday’s selloff on Wall Street as investors stepped in to buy the dip in technology stocks even as tensions in the Middle East pushed oil…

Barchart

SpaceX IPO, CPI Report and Other Can't Miss Items this Week

Markets face a pivotal week marked by a significant structural shift away from richly valued AI and technology stocks toward lagging sectors, evident in Friday's steep Nasdaq and S&P 500 plunges that signal investor rotation and risk reassessment.

Barchart

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Wall Street Week Ahead: Blockbuster SpaceX IPO set to test high-flying US stocks rally

SpaceX's massive $75 billion IPO is set to launch next week, potentially valuing the company at $1.75 trillion. Investors are watching closely amid fears of market overexuberance, especially after recent job data fueled concerns about hawkish monetary policy. Key tech earnings and inflation data will also shape market sentiment.

The Economic Times

Trump Loaded Up on ServiceNow Stock at the Peak of SaaS-pocalypse Fears. What Comes Next for Software Stocks.

Trump bought millions of dollars worth of ServiceNow stock on Feb. 10, but shares has crashed since the start of the year.

Barchart

Oracle Q4 Earnings Preview: Expect AI Demand to Push ORCL Stock Even Higher

Oracle's Q4 earnings report will likely reflect surging demand for AI infrastructure and cloud services.

Barchart

Oracle VM VirtualBox virtualization platform review

VirtualBox is a free and open-source virtualization software for Windows, Linux, and macOS users.

TechRadar

‘Big Tech is desperate’: Amazon engineers are calling out the tech giant for its $200 billion in data center spending after slashing 30,000 workers

A group of Amazon employees spoke out against unfettered AI infrastructure expansion at a Seattle Land Use and Sustainability Committee hearing this week.

Fortune

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 trillion in combined market influence is being restructured through technology bets. These high-volume SEO trends highlight AI investment boom, crypto treasury models, and tech mogul comeback stories redefining global markets today. Investors…

The Economic Times

Kevin O'Leary Pushes Back Against Calls To Shrink Massive Utah AI Data Center Project

Kevin O'Leary is pushing back against calls to dramatically reduce the size of a proposed artificial intelligence data center campus in northern Utah.

International Business Times

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Destructoid

Best teams for F1 25: 2026 Season Pack career mode

New teams, new faces!

The Economic Times

Laid off by Oracle, engineer gets 3 job offers in 45 days: Techie shares job strategy that worked for him

A software engineer, laid off from Oracle, secured three job offers within 45 days by dedicating hours daily to DSA practice, learning AI engineering from scratch, and consistently applying to 10-15 jobs. This focused approach, combined with system design preparation and an active LinkedIn presence, led to a new role…

International Business Times UK

Elon Musk Net Worth: Starlink CEO Set to Become First Trillionaire From SpaceX IPO

Elon Musk's net worth has climbed to around $835 billion, with a planned SpaceX IPO in June 2026 set to test whether he becomes the world's first trillionaire.

Fortune

Texas is the new capital of the Fortune 500—taking California’s crown

The Lone Star State is now home to 57 Fortune 500 companies.

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International Business Times UK

Wiped Out by AI: How Oracle's Record-Breaking Profits Cost 30,000 Departing Workers Their Severance and Stock

Oracle Corp is executing its largest downsizing, cutting 30,000 jobs to fund AI expansion, despite strong financial results driven by cloud and AI growth.

Barchart

Investors Bearish on Oracle Ahead of Earnings - Unusually Heavy ORCL Put Options Trading

A Barchart report today shows unusually heavy trading in Oracle put options ahead of its earnings due out next Wednesday, June 10, after the market closes. This may signal that investors are bearish.

The Independent UK

Inside the Trump money machine: How the president and his family are cashing in on his return to the White House

Trump has consistently faced scrutiny for leveraging his presidency for personal financial advantage, a pattern that has encompassed everything from merchandise deals and crypto ventures to hosting high-dollar political and official events at his properties

The Economic Times

Arm Holdings CEO says US would have difficulty banning AI CPU chip exports to China

Arm Holdings CEO Rene Haas said on ‌Tuesday ⁠that ⁠it would be difficult to block the export of CPUs to China that are ⁠useful for ‌AI because of their widespread ⁠use and as it would be difficult to only block AI CPUs.

TechRadar

Quote of the day by Oracle co-founder Larry Ellison: "Citizens will be on their best behavior, because we’re constantly recording and reporting everything that is going on" — a dire warning on the erosion of privacy

Legendary technologist Larry Ellison has outlined a vision for an increasingly aggressive surveillance state in the 21st century

The Economic Times

MU stock price today hits new record above $1,000 as Micron crosses $1 trillion market cap: What's driving the rally and what are analysts' price targets?

Micron (MU) stock price target: Micron Technology's stock surged past $1,000, driven by robust demand for AI infrastructure and its key role in supplying high-bandwidth memory (HBM). Analysts are raising price targets, with some projecting significant long-term growth, though forecasts remain divided on the sustainability of the AI boom.

The Economic Times

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 agreements

Oracle layoffs 2026: Oracle is finalizing its largest workforce reduction, with approximately 30,000 employees departing by mid-June. Despite strong financial performance and significant growth in its AI business, the company is redirecting resources towards AI infrastructure. The layoffs, particularly within Oracle Health, have raised concerns about ongoing projects and obligations.

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