Oracle has initiated a massive global layoff affecting employees worldwide as it pivots resources toward AI infrastructure. The cuts have reached the highest levels of leadership, including a senior ...
Tech stocks are rebounding today, despite what have been a tough few months for the sector. This comes after the tech sector outperformed in 2024 and 2025, which is precisely why we're seeing the ...
U.S. stock futures rose on Friday after Thursday’s higher close. Futures of major benchmark indices advanced. On Thursday, the November report showed that annual CPI inflation slowed to 2.7% from 3% ...
Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories. Markets rallied to fresh record highs this week as investors reacted ...
Oracle has plowed more than $20 billion into capital expenditure in the first half of its financial year, as the tech company rushes to build out data centers for artificial intelligence. Oracle said ...
S&P 500 earnings are still expected to grow 14% in 2026, which is just 3 weeks away. Q4 ’25 earnings won’t start until January 10th, ’26, but once Q4 earnings hit, investors get the best view of ’26 ...
Only two companies in today’s top 25 of the S&P 500, Microsoft (NASDAQ: MSFT) and Oracle (NYSE: ORCL), were also leaders in 2000, reflecting a major generational shift in dominance. The evolution ...
First we had FAANG, then the Mag 7, and now one strategist is suggesting another acronym - GAMMATON - to capture the essence of the AI plays. The magnitude of AI capital expenditure, illustrated so ...
--Down 4.7% from its all-time closing high of $328.33 on Sept. 10, 2025 --Up 93.9% from 52 weeks ago (Sept. 12, 2024), when it closed at $161.38 --Down 4.7% from its 52-week closing high of $328.33 on ...
Nasdaq Composite hits a new high, while Apple's slump weighs on the Dow industrials. Wholesale Inflation Proved More Muted in August The producer price index for total final demand edged down 0.1% in ...
CNBC’s Silvana Henao reports on the news affecting markets. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC delivered to your inbox Get this ...
Oracle's big rally triggered a rush for bullish bets tied to the company. The shares surged almost 40% in early trading Friday, a move that's more akin to those recorded by meme stocks than tech ...