Oracle and OpenAI drop plans for mega Stargate AI US data center Abilene, Texas will probably top out at 1.2GW, meaning OpenAI can focus on developing new data center campuses with newer chips. TechRadar · Mar 9
Stocks Set to Open Lower as Oil Prices Surge Above $100 on Middle East Conflict March S&P 500 E-Mini futures (ESH26) are down -1.08%, and March Nasdaq 100 E-Mini futures (NQH26) are down -1.12% this morning, pointing to further losses on Wall Street as the escalating Middle East conflict triggered fresh turmoil in energy markets. Barchart · Mar 9
Oracle Layoffs 2026: Massive Job Cuts Could Affect 30K Workers — Is AI to Blame? Oracle Corporation is considering cutting up to 30,000 jobs to fund its AI infrastructure expansion, according to a report by TD Cowen. International Business Times UK · Mar 9
Iran War, CPI and Other Key Thing to Watch this Week Markets enter a critical week following last week's February jobs report that showed the U.S. economy lost around 92,000 jobs, which was a dramatic miss that has intensified recession concerns and raised questions about economic resilience amid escalating geopolitical tensions. Barchart · Mar 8
OpenAI's massive Stargate data center canceled as firm can't reach terms with Oracle, operator struggles with reliability issues — Meta said to be interested in snatching excess capacity Financing terms and swinging OpenAI capacity forecast collapse a major expansion of a Stargate data center. Yet, Meta could take the yet-to-be-expanded space. Tom’s Hardware · Mar 8
Top 10 richest people in the world 2026: Elon Musk, Jeff Bezos, and other tech titans leading global wealth Global wealth has reached a new milestone. The Hurun Global Rich List 2026 reports that the number of billionaires worldwide has crossed 4,000 for the first time. A total of 4,020 individuals now hold billionaire status, which means 578 more people joined the ranks in just one year. It sounds… The Times of India · Mar 8
Oracle reportedly set to axe thousands of jobs and freeze hiring as AI data center bets ignite financial perfect storm — cuts in cloud division to be backfilled with AI Oracle reportedly set to axe thousands of jobs, could freeze hiring for cloud division Tom’s Hardware · Mar 7
Google, Meta, and Oracle are on a $1 trillion borrowing spree and there will be 'winners and losers in this environment,' bond fund manager says Alphabet, Amazon, Meta, Microsoft, and Oracle are spending billions to fund the AI buildout—but overinvestment risk means there will be “winners and losers,” said Pimco’s chief investment officer. Fortune · Mar 7
Oracle Faces Investor Concerns as AI Expansion Triggers Massive Job Reductions Oracle plans thousands of layoffs as it spends billions expanding AI data centers, raising new concerns among investors about rising costs. International Business Times · Mar 6
US gov't preps sweeping export controls for Nvidia, AMD AI hardware — worldwide licensing system would give Trump admin broad authority to block global sales The Trump administration is working on sweeping export regulations over AI hardware that will make large AI clusters a topic of intergovernmental talks. Tom’s Hardware · Mar 5
Donald Trump's Facial 'Drooping' And Slurs During White House Meeting Spark Fresh Medical Fears Donald Trump's drooping face and slurred words during a White House meeting with tech leaders have reignited public doubts about his health, just as US-Israeli strikes on Iran intensify. International Business Times UK · Mar 5
Down 24% in 2026, Should You Buy the Dip in Oracle Stock? With soaring AI investments, rising debt, and legal scrutiny swirling around Oracle, is the stock’s 2026 slide a golden buying opportunity or a red flag? Barchart · Mar 5
Another Oracle data center issue was apparently to blame for latest TikTok outage After TikTok sees issues in the US for the second time in a little more than a month, another Oracle outage was apparently to blame. TechRadar · Mar 4
1 Bold Expert Says Software Stocks Have Bottomed: 5 Top Names to Buy Now Fundstrat’s Tom Lee argues the “AI scare trade” in software is nearing exhaustion and that leaders like Microsoft, Palantir, Oracle, Salesforce, and Intuit now offer a bottoming‑phase entry into durable AI platforms rather than the start of another leg down. Barchart · Mar 4
International Business Times UK · Mar 4 Big Short's Burry Goes Long on Adobe After Betting $1.1bn Against AI Stocks Michael Burry, who bet against Nvidia and Palantir with put options worth $1.1bn, has reportedly taken a long position in Adobe, sending shares up nearly 4% on Tuesday.
International Business Times · Mar 4 TikTok US Suffers Service Disruption Due to Another Oracle Outage—Here's What It Means The US operations of TikTok is facing service disruptions, it is all because of an outage involving Oracle.
Barchart · Mar 2 Why Oppenheimer Says Oracle Stock Can Gain 25% from Here Oppenheimer has initiated coverage of ORCL stock with a $185 price target.
Barchart · Mar 2 Want to Invest Like Michael Burry? 3 Stocks to Sell Now. Michael Burry is questioning the AI spending spree by the tech giants. Should investors be trimming their positions on these popular names now?
T3 · Mar 2 YETI’s latest drop proves F1 merch can be genuinely useful gear The outdoor brand’s latest partnership with the Formula 1 powerhouse expands into a full lifestyle lineup
Fortune · Mar 2 The electrician shortage is a threat to Big Tech’s ‘life or death’ race to build data centers—and an opportunity for Gen Z By going all in on AI, tech companies like Meta and Microsoft are shaking up white-collar career paths—and creating a huge demand for new electricians.
Kiplinger · Feb 25 Nasdaq Soars Ahead of Nvidia Earnings: Stock Market Today Wednesday's risk-on session was sparked by strong gains in tech stocks and several crypto-related names.
International Business Times UK · Feb 25 Michael Burry Reveals 'Sinister' Accounting Tricks of Mag 7 Firms to Inflate Earnings by Over 20% Michael Burry has claimed that major US tech firms are using accounting tricks to conceal AI infrastructure costs and are 'understating depreciation' to protect their bottom lines.
Fortune · Feb 25 Moody’s flags $662 billion risk at the heart of the data center build-out by just 5 companies “The accounting liability is unlikely to reflect certain plausible future scenarios,” Moody’s said of Meta, Amazon, Alphabet, Oracle, and Microsoft.
The Guardian - US · Feb 24 US datacenters face slew of problems amid grassroots protests against AI New constructions delayed or cancelled, raising questions about US’s ability to expand infrastructure to support boom
TechRadar · Feb 23 Top Las Vegas hotel is the latest ShinyHunters ransomware victim - hackers demand $1.5 million to not leak data ShinyHunters claim to have hit Wynn Resorts, stealing 800,000 recors.