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AI companies are boosting the U.S. economy, but it doesn’t tell the full story about inflation, wages, and the labor market.
Shares of enterprise software giant Oracle (NYSE:ORCL) fell 5% in the afternoon session after the latest Consumer Price Index (CPI) report came in hotter than expected, signaling that inflation remained stubbornly high.
US benchmark equity indexes were mostly lower intraday, weighed down by a technology sell-off, as in
Oracle (ORCL) could see fiscal Q4 upside and potential guidance upgrades from strong technology infr
(Bloomberg) -- Amazon.com Inc. has begun the sale of its first Swiss franc bonds as it looks to raise a record six-part deal in the currency.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyEpstein's Black Card: How He Moved Women With His AmexTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’The company is selling debt due in three, six, nine, 12, 18 and 25-years, according to a person f
Oracle (NYSE:ORCL) has reportedly laid off an estimated 20,000 to 30,000 employees via email at the end of March 2026. The cuts affect a significant share of the workforce and have raised concerns about severance terms and compliance with WARN Act protections. The move comes as Oracle continues to focus on AI and cloud infrastructure, with questions around how the reductions may affect execution and talent retention. For investors watching NYSE:ORCL at a share price of $194.59, the size and...
Cloudflare (NET) announced a round of layoffs, following Coinbase's (COIN) similar announcement at the beginning of the week. Yahoo Finance Senior Business Reporter Ines Ferré, Yahoo Finance Senior Reporter Brooke DiPalma, and EMJ Capital founder and president Eric Jackson chat with Yahoo Finance's Brian Sozzi about the growing impact of artificial intelligence (AI) on the workforce.
While the push into further AI adoption has driven a wide trend of layoffs in the tech sector in 2026, Acting US Secretary of Labor Keith Sonderling speaks with Yahoo Finance Senior Reporter Jennifer Schonberger about how his department is examining artificial intelligence's impact on the labor market.
SNOW stock dips 35% YTD as AI costs and competition weigh on margins, but strong adoption, rising big-spend customers, and product innovation fuel growth outlook.
Job openings barely budged in March as the hiring rate reached its highest level in nearly two years, Labor Department data released Tuesday showed. But layoffs also crept higher.
Everything you need to know before you reach the office this morning.
Berkshire Hathaway Inc. (NYSE:BRK-B) was among the stocks on Jim Cramer’s radar on Mad Money as he discussed the upcoming earnings. Cramer started his game plan with the stock and stated: Let’s check the game plan. Alright, usually I start with Monday’s business, right? But we have a special on Saturday about Berkshire Hathaway in […]