Trade.xyz will cover eligible liquidation losses following a price anomaly in its SK Hynix contract on Hyperliquid, triggered by an external market transaction affecting the oracle's mark price.
ABD Savunma Bakanlığı, sunucu içi yazılım lisanslarını merkezileştirmek ve maliyetleri düşürmek amacıyla Oracle ile 10 yıla varan, yaklaşık 7 milyar dolarlık bir anlaşma yaptı. Anlaşma, tüm askeri birimler, Sahil Güvenlik ve istihbarat dairelerini kapsıyor ve Oracle hisselerinde yükselişe neden oldu.
The Pentagon awarded Oracle a nearly $7 billion, decade-long contract for on-premises software across military branches, intelligence, and the Coast Guard. This win boosted Oracle's stock, which had been down this year amid AI growth concerns.
Oracle's credit rating was downgraded by S&P, and its credit risk is at an 18-year high due to heavy AI infrastructure spending, rising debt, and competition from low-cost Chinese AI models like Moonshot AI's Kim-3, with OpenAI's contractual obligations posing a significant risk.
Chip giant AMD is set to ship its Helios rack-scale AI system to customers including Microsoft later this year, directly challenging Nvidia's market leadership. Microsoft will use Helios for Azure AI services, expanding its infrastructure and continuing a long-term partnership with AMD.
Larry Ellison, Oracle co-founder, rose from struggling to pay utility bills for his early software projects to becoming the world's second-richest man. His journey included dropping out of college, being rejected by investors, founding Oracle, and later purchasing 98% of the Hawaiian island of Lānaʻi. Despite recent stock market fluctuations affecting his net worth, Oracle's core business remains strong.
Hedera-based lending protocol Bonzo Lend lost approximately $9 million after an attacker manipulated the price of SAUCE collateral via a flaw in Supra's oracle verifier. The exploit allowed the attacker to borrow significantly more assets than deposited, highlighting risks in DeFi protocols.
The Bank of England and FCA will regulate major tech firms like Amazon and Google from Monday, overseeing critical third parties to ensure financial stability and consumer protection against cyber-attacks and outages.
Oracle co-founder Larry Ellison, known for his lavish spending, once fought a two-year legal battle for a midnight jet landing slot. He commissioned a $490 million megayacht via email. His fortune recently dropped by $47 billion due to tech stock fluctuations.
Oracle co-founder Larry Ellison, known for his extravagant purchases like a $490 million megayacht, has seen his personal fortune fluctuate significantly. His approach to acquiring assets contrasts sharply, from a two-year legal battle for a jet landing slot to a swift yacht commission via email. Recently, his net worth dropped by over $47 billion due to tech stock pullbacks.
The UK government has designated Microsoft, Google, Amazon, and Oracle as "critical third parties" to oversee their cloud services, enhancing financial system stability. The regulation, effective July 13, targets major cloud providers due to increasing financial sector reliance on their services.
Oregon solicita a um tribunal que adie a fusão da Paramount e Warner Bros. para analisar documentos sobre o "Project Warrior" e lobby junto ao governo Trump, alegando interesse dos moradores no acordo.
Oregon solicita documentos sobre a fusão Paramount-Skydance, citando preocupações econômicas e de concorrência. O estado quer adiar o negócio para análise, apesar da aprovação do Departamento de Justiça dos EUA.
Crypto-focused companies like Coinbase and Circle have seen steeper declines (69%-72% from all-time highs) compared to major tech companies (48%-57% drawdowns) and the S&P 500 (-3.5% from recent high), amid AI disruption concerns, weak digital asset markets, and delayed US crypto legislation.
Oracle has initiated a second wave of layoffs in Romania, impacting approximately 500 employees starting June 25. This follows a similar round in late 2025 and is part of a broader AI-driven restructuring, affecting various departments including OCI, Database Technologies, and Health & Analytics.
Oracle experienced its steepest weekly stock drop in 25 years, falling 19% amid mounting concerns over its $130 billion debt load and the profitability of its significant AI infrastructure investments, primarily for OpenAI. Despite analyst optimism, investors worry about balance sheet risk and lower-margin offerings.
German mathematician Joachim Klement's formula, which accurately predicted the last three World Cup winners, forecasts the Netherlands to win in 2026. Despite initial skepticism due to the team's perceived weaknesses, the Netherlands has performed strongly in the current tournament.
Oracle founder Larry Ellison has quietly donated over $45 million to pro-Trump nonprofits since 2024, a fact not publicly reported until recently. These low-profile contributions coincided with significant Oracle contracts and regulatory approvals for Ellison's family businesses from the Trump administration.
Ypsilanti Township residents and officials are fiercely opposing a proposed AI data center, citing environmental and community concerns, and its link to the US nuclear weapons program. The opposition intensified, with a township treasurer resigning in tears over a similar project in Saline Township, and Ypsilanti leaders vowing to "fight to our very last breath" against the facility.
Oracle has laid off approximately 21,000 employees, a 12.9% reduction, citing the adoption of AI technologies and significant capital expenditure for data center infrastructure to support AI workloads. The company plans to raise $45-50 billion in 2026 for cloud infrastructure expansion, despite already holding over $120 billion in debt.
Oracle's annual filing reveals a reduction of 21,000 employees, bringing its global workforce to 141,000 as of May 31, 2026. The company cited an "existing restructuring plan" and the "adoption and deployment of AI technologies" as reasons for the workforce adjustments, which have already incurred $1.8 billion in restructuring costs.
Oracle reduced its global workforce by 21,000 (13%) in the last year, citing AI-driven restructuring, with $1.8bn in severance and restructuring costs, amid a broader tech industry trend of AI investment and layoffs.
Oracle has confirmed significant global layoffs, eliminating thousands of roles as part of a major restructuring. The company cited AI adoption, management changes, and acquisitions as drivers, with severance packages reportedly thinner than competitors'.
Oracle, yapay zeka entegrasyonu ve yeniden yapılanma gerekçeleriyle 31 Mayıs 2026 itibarıyla 21 bin tam zamanlı çalışanını işten çıkardı. Bu durum, iş gücünün yaklaşık %13'üne denk gelirken, maliyetlerde de önemli bir artışa neden oldu.
