US Stock Futures Slip as Oil Prices Climb Over $103 a Barrel
U.S. stock futures slipped as rising oil prices and bond yields weighed on investor sentiment ahead of key producer inflation data and Oracle earnings.
Oracle
Big Tech Borrows Billions to Build AI Data Centers
Tech giants Google, Amazon, Microsoft, Meta, and Oracle have racked up massive debt to fund AI data centers, prompting warnings from financial analysts and journalists about a…
Oracle Invokes Force Majeure to Protect Against New Mexico Data Center Costs
Oracle sent a force majeure notice to its New Mexico data center developer, Blue Owl Capital, seeking to protect itself from cost increases if Project Jupiter misses its 2028…
Oracle Lays Off Thousands via 6 a.m. Emails Amid AI Infrastructure Shift
Thousands of Oracle employees woke up to automated 6 a.m. notifications that their positions had been eliminated in a sudden workforce reduction.
Ruffalo Faces Accusations of Antisemitism Over Paramount Merger Criticism
Actor Mark Ruffalo faces accusations of antisemitism after criticizing the $111bn Paramount-WBD merger, with Jewish leaders and industry groups condemning his social media posts…
OpenAI Head of Data Centers Chris Malone Departs Amid Executive Exits
OpenAI’s head of data centers, Chris Malone, has departed the artificial intelligence lab amid a mounting wave of senior executive exits and internal reorganizations.
Mark Ruffalo Denies Paramount’s Antisemitism Claims Amid Corporate Feud
Actor Mark Ruffalo hit back against Paramount on Saturday, calling allegations of antisemitism appalling and fundamentally dishonest after he criticized studio executives’ ties to…
Mark Ruffalo Accused of Accusing Oracle of Ties to Israeli Military in Paramount Merger
Mark Ruffalo accused Paramount’s $111 billion merger with Warner Bros.
Larry Ellison Loses $104 Billion in Massive Wealth Drop Amid Oracle Slump
Larry Ellison slid to the number eight spot on the global wealth leaderboard, shedding $6 billion in a single day and marking a $104 billion decline … Read more