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Oracle cuts 21,000 jobs over past year as it adopts AI

Oracle cuts 21,000 jobs over past year as it adopts AI

Oracle Corp (NYSE:ORCL, XETRA:ORC) has reduced its workforce by about 21,000 employees over the past year, citing the deployment of artificial intelligence technologies across its operations, according to its annual filing. The software and cloud company employed approximately 141,000 full-time workers as of May 31, 2026, compared with about 162,000 a year earlier, a decline of nearly 13%.

Oracle Corporation logo ORCL
Proactiveinvestors | 1 week ago

Here's Why Investors Should Retain Lincoln National Stock for Now

LNC's shift to spread-based annuities, rising life sales and capital strength support growth, though leverage remains a key risk.

Lincoln National Corporation logo LNC
Zacks | 1 week ago

ArcelorMittal Rises 41% in 6 Months: What's Driving the Stock?

MT's shares have gained 41.1% in the past six months, supported by higher steel and iron ore production, record shipments from Liberia and ongoing expansion initiatives.

ArcelorMittal S.A. logo MT
Zacks | 1 week ago

Newmont Gets Approvals to Advance Red Chris Block Cave Project

NEM wins key approvals for its Red Chris Block Cave Project, paving the way for a 2026 investment decision and a mine-life extension.

Newmont Corporation logo NEM
Zacks | 1 week ago
Aveanna (AVAH) Is Attractively Priced Despite Fast-paced Momentum

Aveanna (AVAH) Is Attractively Priced Despite Fast-paced Momentum

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Aveanna (AVAH) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Aveanna Healthcare Holdings Inc. logo AVAH
Zacks | 1 week ago
Why Investors Need to Take Advantage of These 2 Finance Stocks Now

Why Investors Need to Take Advantage of These 2 Finance Stocks Now

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.

Arch Capital Group Ltd logo ACGL
Zacks | 1 week ago
Why Investors Need to Take Advantage of These 2 Transportation Stocks Now

Why Investors Need to Take Advantage of These 2 Transportation Stocks Now

Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.

Union Pacific Corporation logo UNP
Zacks | 1 week ago
TD SYNNEX (SNX) Is Attractively Priced Despite Fast-paced Momentum

TD SYNNEX (SNX) Is Attractively Priced Despite Fast-paced Momentum

TD SYNNEX (SNX) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

TD Synnex Corporation logo SNX
Zacks | 1 week ago
These 2 Retail and Wholesale Stocks Could Beat Earnings: Why They Should Be on Your Radar

These 2 Retail and Wholesale Stocks Could Beat Earnings: Why They Should Be on Your Radar

Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.

Cracker Barrel Old Country Store, Inc. logo CBRL
Zacks | 1 week ago
Global Tech Rout—Nvidia, Tesla, More—Hits Markets: Here's What Fueled The Selloff

Global Tech Rout—Nvidia, Tesla, More—Hits Markets: Here's What Fueled The Selloff

Whether SpaceX's losing streak persists on Tuesday. Shares of Elon Musk's rocket maker stumbled another 2.6% in early trading after plunging by more than 16.4% on Monday, as a three-day decline for the stock all but wiped out its post-IPO gains.

Global Technologies Ltd. logo GTLL
Forbes | 1 week ago

Ripple's Luxembourg Green Light Puts 75 Licenses on the Line Before MiCA Cutoff

Ripple got a nod from Luxembourg. Not a full license — not yet.

XRPUSD
Thecurrencyanalytics | 1 week ago

XRP Price News: Drop to $0.80 for XRP Seems Likely as Key Support Falters

XRP is facing significant downward pressure as its key $1.10 support level begins to falter. On-chain data is revealing a concerning spike in exchange inflows to levels not seen since July 2025, which could set the stage for a big drop to $0.80.

XRPUSD
Fxempire | 1 week ago

Forget Palantir: This Enterprise Software Fortress Is a No-Brainer Buy

Everyone is still piling into Palantir Technologies (NASDAQ:PLTR | PLTR Price Prediction) after another blowout earnings report, with U.S.

Palantir Technologies Inc. logo PLTR
247wallst | 1 week ago

Gold and silver tumble as rate-hike fears hit precious metals

Gold and silver slipped on Tuesday, following global tech stocks lower after rate hike fears spooked markets. Since the outbreak of the U.S.-Iran war on Feb. 28, gold's reputation as a "safe haven" asset in times of turmoil has come under pressure.

Goldman Sachs Physical Gold ETF logo AAAU
Cnbc | 1 week ago

Here Is the 1 Dirt-Cheap Hardware Juggernaut I Keep Accumulating on Repeat

I keep buying NVIDIA, and the recent pullback handed me another reason to do it again.

NVIDIA Corporation logo NVDA
247wallst | 1 week ago

Bitcoin Crash Suddenly Accelerates As Traders Brace For A Surprise Fed Price Shock

Bitcoin has crashed this year, falling by more than 50% from its peak of $126,000 per bitcoin in October last year

BTCUSD
Forbes | 1 week ago

Dollar Hits One-Year High as Bitcoin Slides Below $63K on Fed Hike Bets

The dollar index (DXY) hit 101 on June 23, marking the highest level seen since May last year. The reason for why it's climbing matters a lot for crypto.

BTCUSD
Cryptopolitan | 1 week ago

Revvity Launches Signals AI to Advance Scientific R&D Workflows

RVTY expands AI capabilities in Signals software with Signals AI, designed to help scientists turn connected R&D data into actionable insights.

Revvity Inc. logo RVTY
Zacks | 1 week ago

Rocket Companies: The Value Case Grows Stronger, Despite Stubborn Mortgage Rates

Rocket Companies, Inc. remains a 'Buy' despite recent regulatory headwinds, higher mortgage rates, and a 20% share price decline since March. RKT delivered strong Q1 results, with revenue up 126% YoY and significant beats on both revenue and adjusted EBITDA, but issued cautious Q2 guidance. EPS growth is expected to exceed 160% YoY in 2024, partly due to acquisitions, though out-year estimates and recent EPS revisions trend lower.

Rocket Companies, Inc. Class A logo RKT
Seekingalpha | 1 week ago

Robinhood's Convertible Debt Play: Dilution Risk, Growth Upside

HOOD's $2B convertible debt offering adds cash for buybacks, capped calls and expansion, while future dilution remains the key investor risk.

Robinhood Markets, Inc. logo HOOD
Zacks | 1 week ago

Walmart Deepens Healthcare Reach With Medicare Support Push

Walmart's Medicare support push may deepen pharmacy engagement, boost loyalty and strengthen its healthcare presence across chronic care.

Walmart Inc. logo WMT
Zacks | 1 week ago

Ethereum Foundation cuts 20% of staff amid leadership exodus

The reduction follows a period of significant upheaval at the organization's leadership level.

ETHUSD
Coindesk | 1 week ago

Barclays just updated S&P 500 target for end of 2026

Barclays has raised its year-end 2026 S&P 500 target to 7,800 from 7,650, citing a stronger earnings outlook for U.S. companies despite growing concerns over inflation, interest rates, and artificial intelligence spending.

Barclays PLC Sponsored ADR logo BCS
Finbold | 1 week ago

If You Had Invested $1,000 in MARA or Strategy a Decade Ago

Bitcoin's wild decade produced two very different stories on Wall Street. MARA Holdings (NASDAQ: MARA | MARA Price Prediction), then known as Marathon Digital, focused on running mining rigs, while Strategy (NASDAQ: MSTR), the software firm formerly known as MicroStrategy, bet its balance sheet on holding the coins themselves.

MARA Holdings Inc logo MARA
247wallst | 1 week ago

SpaceX stock wipes out $1 trillion from valuation in a week

Space Exploration Technologies Corp. (NASDAQ:SPCX) stock has wiped out almost all of its post-IPO (Initial Public Offering) gains in just 7 days.

Space Exploration Technologies Corp. Class A logo SPCX
Finbold | 1 week ago

Why Bollinger Bands Are Now Targeting Sub-$1 Area for XRP

Three months of harsh consolidation and record-low volatility on XRP's monthly chart in TradingView have ended with a powerful breakdown. The Bollinger Bands, whose borders compressed into a narrow corridor over the spring, have now expanded to the downside.

XRPUSD
U | 1 week ago

Commvault Gains From AI, Identity Security and Hybrid Cloud Demand

CVLT is expanding beyond backup as AI data growth, identity resilience and hybrid cloud demand reshape its cyber resilience story.

Commvault Systems Inc. logo CVLT
Zacks | 1 week ago

When AI Takes a Breather, Will Amphenol Still Have Gas in the Tank?

APH's AI boom is grabbing headlines, but its diversified businesses may keep growth alive when data center spending cools.

Amphenol Corporation logo APH
Zacks | 1 week ago

Can Kohl's Accelerate Gross Margin Growth Through Proprietary Brands?

Kohl's proprietary brands lift comps 6% in Q1 and help expand gross margin, but higher digital shipping costs offset much of the profitability boost.

Kohl's Corporation logo KSS
Zacks | 1 week ago

Most Income Investors Have Never Heard of the Roundhill ETF Combination That Pays Five Days a Week

ETF distributions have come a long way. Depending on the fund, investors can receive income annually, semi-annually, quarterly, monthly, or even weekly.

Roundhill BRKB Weeklypay ETF logo BRKW
247wallst | 1 week ago
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