AI bet goes awry: Oracle fires 21,000 employees
The global race for dominance in artificial intelligence is turning into one of the most expensive and turbulent…
Oracle’s Data Center Warning Is a Worst-Case Scenario for the Whole AI Boom
Oracle was founded all the way back in 1977 as an enterprise software company. Since then, it has…
Oracle Upsets the Market With Even More AI Spending and Debt Issuance
The AI industry’s effort to build as many data centers as possible has spurred trillions in global debt.…
Oracle Announces Record Q4 and FY 2026 Results Driven by Cloud Infrastructure & Cloud Applications
Record Remaining Performance Obligations grew $85 billion in Q4 from $553 billion to $638 billion Record Q4 Earnings…
Oracle, MAHA Institute And A $5.3 Trillion Data Problem Killing Healthcare AI
Oracle, MAHA Institute and the $5.3T data problem killing healthcare AI getty The artificial intelligence powering your hospital’s…
Trump Rewards Big Tech’s Biggest Bootlickers With Seats on AI Policy Board
The White House announced the new members of a board called the President’s Council of Advisors on Science…
Oracle Will Downsize Its Product Teams Because Of AI
In a third-quarter earnings report on Tuesday, tech giant Oracle announced quarterly revenue growth above expectations and an…
From Trump’s interventionism to an AI bubble: What could bust the markets in 2026 | Economy and Business
The world isn’t perfect, and neither is the market. The U.S. and European stock markets are at all-time…
Oracle’s AI Push Is Leading to Its Worst Quarter Since 2001
After spending a year making it clear that it believes AI will drive its future growth, Oracle’s stock…
Elon Musk’s wealth has soared past $600 billion—he’s now worth double the next richest person alive, Google’s cofounder Larry Page
Elon Musk just woke up $168 billion richer. Even as the wealthiest man in the world, he is…
Oracle’s collapsing stock shows the AI boom is running into two hard limits: physics and debt
Oracle’s rapid descent from market darling to market warning sign is revealing something deeper about the AI boom,…
Wall Street Sphincters Tighten as Oracle Delays Its OpenAI Data Center Buildout
It turns out infinite growth might not actually be possible. On Friday, Bloomberg reported that Oracle will be…