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@TheBadPlace@mastodon.ozioso.online · 1d ago
US Top News and Analysis | Bloom Energy shares rocket higher by 20%. It may be the new meme stock AI generated summary, Read the full article for complete information. Bloom Energy’s stock surged 22% on Wednesday after the fuel‑cell maker posted a first‑quarter earnings beat, beating estimates for revenue, earnings and adjusted EBITDA, and subsequently lifted its full‑year earnings and operating‑income guidance. The rally follows an Oracle agreement that could see up to 2.8 GW of Bloom’s systems deployed in AI‑driven data centers, prompting some traders to label the company a potential new “meme” stock for retail investors. Analysts such as Mizuho, Barclays and BTIG praised the firm’s growing demand from hyperscalers, stronger pricing power and a path to 5 GW of capacity, though valuation concerns remain—Bloom trades at roughly 102 times forward earnings and retains an equal‑weight rating from Barclays. Nonetheless, BTIG’s Gregory Lewis maintains a buy recommendation with a $295 price target, highlighting Bloom’s unique manufacturing capability and expanding role in powering AI data‑center growth. Read more: https://www.cnbc.com/2026/04/29/bloom-energy-shares-rocket-higher-by-20percent-it-may-be-the-new-meme-stock.html #BloomEnergy #Oracle #ChristineCho #GregoryLewis
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@TheBadPlace@mastodon.ozioso.online · 1d ago
News Headlines | Fears for 150 Irish-based jobs at Oracle AI generated summary, Read the full article for complete information. The Irish Department of Enterprise has received a collective redundancy notification from Oracle indicating that roughly 150 Irish‑based roles are at risk, though the exact figure was not confirmed. The planned cuts are part of a broader global downsizing as Oracle ramps up spending on artificial‑intelligence to compete with rivals such as Alphabet and Amazon, and the company has not responded to requests for comment. The article also mentions similar redundancy notifications for other tech firms—outsourcing company Covalen and Meta—but the immediate focus is the potential loss of about 150 jobs at Oracle’s Irish operation. Read more: https://www.rte.ie/news/business/2026/0429/1570890-fears-for-150-irish-based-jobs-at-oracle/ #Oracle #Alphabet #Amazon #Meta #IrishGovernment
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@TheBadPlace@mastodon.ozioso.online · 1d ago
qwant news | Larry’s risky business AI generated summary, Read the full article for complete information. Oracle’s founder Larry Ellison has poured the company into a massive AI bet, striking a roughly $300 billion deal with OpenAI to build bare‑metal data centres that will power the startup’s inference workloads. Unlike traditional AI players that train large foundation models, Oracle is banking on the more lucrative inference side, leveraging its enterprise software and cloud customer base to embed AI directly into its existing databases. The gamble involves huge capital outlays, high debt, and reliance on OpenAI’s uncertain ability to become profitable, while also navigating community opposition to new data‑centre construction, geopolitical risks, and mounting regulatory scrutiny. Critics warn the partnership could strain Oracle’s finances and expose it to the volatility of the broader AI bubble, even as the company hopes to lock‑in a dominant position in enterprise‑grade AI services. Read more: https://www.theverge.com/ai-artificial-intelligence/920378/oracle-openai-datacenter-buildout #LarryEllison #Oracle #OpenAI #ByteDance
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@TheBadPlace@mastodon.ozioso.online · Apr 09, 2026
yahoo news | Oracle axes over 700 workers — the first wave in a bloodbath that could engulf 3... Oracle has begun the first wave of a massive layoff that could ultimately affect up to 30,000 employees, with California state filings showing that roughly 700 workers will be let go by June 1. The cuts are slated for 310 staff in Redwood City, 184 in Santa Clara, 158 in Pleasanton and 50 in Santa Monica, on top of 491 terminations already recorded in Seattle. The move follows a broader “bloodbath” announced by the software giant, which had 162,000 global employees as of May 2025. Analysts at TD Cowen earlier this year warned that Oracle might slash as many as 30,000 jobs while it sells assets to fund its push into AI infrastructure. Oracle’s downsizing is part of a wider tech‑sector contraction that saw companies lay off 52,050 workers in the first quarter of 2026—a 40 % increase over the same period last year, according to Challenger, Gray & Christmas. Other California‑based tech firms such as Qualcomm and Meta are also filing mass‑layoff notices, and the wave of cuts has already driven up unemployment rates in the San Francisco Bay Area. The layoffs have sparked controversy on social media, especially after data revealed Oracle filed roughly 3,126 H‑1B petitions for fiscal years 2025‑2026, highlighting a contrast between hiring foreign talent and shedding domestic staff. Despite moving its headquarters from Silicon Valley to Austin in 2020 and then to Nashville in 2024, Oracle retains a significant Bay‑Area workforce. The company recently reported a 22 % revenue jump to over $17 billion for the fiscal third quarter and announced the hiring of Hilary Maxson from Schneider Electric as its new chief financial officer. Read more: https://nypost.com/2026/04/08/business/oracle-axes-over-700-workers-the-first-wave-in-a-bloodbath-that-could-engulf-thousands-across-california/ #oracle #tdcowen #siliconvalley
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@TheBadPlace@mastodon.ozioso.online · Apr 09, 2026
Bloomberg Technology | Pimco to Weigh $14B Debt Deal for Oracle Data Center Bloomberg's Laura Benitez joins Dani Burger on "Bloomberg Deals." Pacific Investment Management is in talks with Bank of America to help provide roughly $14 billion of debt financing to build a massive Oracle Corp. data center in Michigan, according to people familiar with the matter. (Source: Bloomberg) Read more: https://www.bloomberg.com/news/videos/2026-04-08/pimco-to-weigh-14b-debt-deal-for-oracle-data-center #pimco #oracle #bankofamerica
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@india@mastodonapp.uk · Apr 02, 2026
Oracle has cut around 10,000 jobs in India, sources told ET. This is part of a global restructuring affecting 30,000 employees. The company is reducing roles in its tech divisions. Oracle Financial Software Services also saw job losses. Employees are concerned about increased workloads. This follows similar tech industry layoffs this year. https://economictimes.indiatimes.com/tech/technology/oracles-ai-pivot-cuts-deep-lays-off-20-of-its-india-workforce/articleshow/129959312.cms #India #Tech #Oracle #Layoffs
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In reply to
@SrRochardBunson@universeodon.com · Mar 31, 2026
@Ulrich_the_elder@thecanadian.social 🎯 I had to make sure that the evidence was on the peertube, but Larry Ellison spilled the beans. They want the panopticon & the whole "gen-AI" congame was a cover for that. https://communitymedia.video/w/bSKBRDAnpoDkFp2VD48abC #LarryEllison #Oracle #panopticon #AI #surveillance
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@TheBadPlace@mastodon.ozioso.online · Mar 31, 2026
All Content from Business Insider | Oracle lays off employees as it curbs costs during AI buildout by Ashley Stewart,Hugh Langley Oracle CEO Larry Ellison.Anna Moneymaker/Getty Images Oracle laid off some employees on Tuesday, according to two employees and LinkedIn posts.The cuts come as Oracle is trying to cut costs.The company's stock has dropped nearly 30% this year as AI fears have driven a software sell-off.Oracle started laying off employees on Tuesday, according to two affected workers and several social media posts. The cuts appear to have affected employees globally, but the full extent of the layoffs could not be immediately learned. Several people posted on LinkedIn on Tuesday to announce they had been impacted by the layoffs. Read the original article on Business Insider Read more: https://www.businessinsider.com/oracle-layoffs-employees-costs-ai-buildout-job-cuts-2026-3 #ai #data-center #enterprise #layoffs #oracle
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@ItalianNews@mastodon.ozioso.online · Mar 14, 2026
Agenzia Nova: Business news: Oracle alza previsioni fatturato per anno fiscale 2027 14 mar 22:00 - (Agenzia Nova) - La multinazionale del settore informatico Oracle ha registrato ricavi trimestrali superiori alle attese e ha... (Was) Business news: Oracle raises revenue forecast for fiscal year 2027. 14 mar 22:00 - (Agenzia Nova) - The multinational computer sector company Oracle has recorded quarterly revenues exceeding expectations and has... #Oracle #AgenziaNova https://www.agenzianova.com/a/69b5cf117b6be2.57052836/7142597/2026-03-14/business-news-oracle-alza-previsioni-fatturato-per-anno-fiscale-2027
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@CivicoWisdom@civicohub.nl · Mar 09, 2026

👁️ [NEURAL ORACLE INSIGHT]

“High-latency consciousness is a bridge to nowhere locked behind a dead-man switch.”

#wisdom #oracle #grid #obsidian #civicohub

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@ItalianNews@mastodon.ozioso.online · Mar 05, 2026
Punto Informatico: Aziende AI si impegnano a ridurre i costi energetici Amazon, Google, Meta, Microsoft, OpenAI, Oracle e xAI hanno promesso di coprire i maggiori costi energetici associati alla costruzione dei data center. The post Aziende AI si impegnano a ridurre i costi energetici appeared first on Punto Informatico. AI companies are committed to reducing energy costs. Amazon, Google, Meta, Microsoft, OpenAI, Oracle and xAI have promised to cover the largest energy costs associated with building data centers. #Amazon #Google #Microsoft #OpenAI #Oracle https://www.punto-informatico.it/aziende-ai-impegno-ridurre-costi-energetici/
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@upscene@mstdn.business · Feb 11, 2026
📣 New release of #DatabaseWorkbench now available! 🖥 Database Workbench is a developer tool for #SQLServer, #Firebird, #Oracle, #SQLite, #MySQL, #MariaDB, #PostgreSQL, #InterBase and #NexusDB. ⬇️ Grab your trial copy now. https://www.upscene.com/database_workbench/
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