Oracle Corporation provides products and services that build, run, and support enterprise information technology frameworks worldwide. Its Oracle cloud software-as-a-service offerings include applications such as Oracle Fusion Cloud ERP, EPM, SCM, and HCM, the NetSuite applications suite, Oracle Health applications, and Oracle Fusion Sales, Service, and Marketing. The company also offers cloud-based industry solutions, cloud and on-premise licenses, license support services, infrastructure technologies like Oracle Database, MySQL Database, Java, and middleware, as well as hardware products and related services. Founded in 1977 and headquartered in Austin, Texas, Oracle markets and sells its offerings directly and through indirect channels, and has a strategic alliance with Metron, Inc.
Oracle Shares Fall 3.4% After Report of Internal AI Struggles
Oracle shares fell 3.4% in the afternoon session after Business Insider reported that co-CEO Clay Magouyrk told an internal town hall the company had struggled to make generative artificial intelligence useful for its own staff despite spending billions building AI infrastructure for others. According to the report, Chief Information Officer Jae Evans said the company faced sticker shock from the high costs of OpenAI models such as GPT-6 Astra, while Oracle also hit software development bottlenecks and high false-positive rates from Anthropic's Mythos tool. The shares later recovered some ground to $145.59, down 3.3% from the previous close. Oracle is down 25.6% since the start of the year and trades 55.6% below its 52-week high of $328.15 from September 2025.
Oracle Falls 3.4% as Ellison Cancels 50-Million-Share Trading Plan
Oracle shares dropped approximately 3.4% to $145.45 on Friday even as Barron's argued the database and AI-cloud heavyweight's accelerating operating momentum could translate into stronger cash generation for shareholders. Executive Chairman Larry Ellison canceled a trading plan that could have allowed him to sell as many as 50 million Oracle shares, and the company said he had sold none of the stock covered by the arrangement before terminating it, offering no explanation. At $145.45 per share, the maximum authorization would have represented roughly $7.27 billion of Oracle stock, though any proceeds would have gone to Ellison personally rather than to corporate fundraising, leaving the company's balance sheet, AI infrastructure spending and debt load untouched. The cancellation removes one possible overhang, while GuruFocus places Oracle's GF Value at $191.47 versus the $145.45 market price, leaving the stock 24.04% below that benchmark. Closing that gap will depend on Oracle turning its AI-cloud ambitions into durable revenue growth and cash flow.
DTE Energy Trades at $132 With $148 Target on 2.4 GW Hyperscaler Deals
DTE Energy is trading at $131.61 with a BUY rating and a $148.32 price target from 24/7 Wall St., backed by 2.4 gigawatts of signed hyperscaler agreements including a 1.4 GW Oracle deal already under construction and a 1 GW Google agreement in Van Buren Township that could unlock roughly $5 billion of incremental capex through 2032. CEO Joi Harris said on the Q2 call that momentum remains strong across the development pipeline, and management stated that three gigawatts of signed contracts unlocks 8%-plus EPS growth, with another two gigawatts in advanced discussions targeting a deal by year end. Q1 2026 operating EPS of $1.95 missed the $2.03 consensus, dragged by a $25 million Energy Trading loss, though core utility earnings rose on the February rate order, and management reaffirmed 2026 operating EPS guidance of $7.59 to $7.73 with confidence toward the high end. The bear case centers on regulatory scrutiny from back-to-back rate case filings before the Michigan Public Service Commission and a $36.5 billion five-year capex program requiring $500 to $600 million of annual equity issuance through 2028, while the company protects against stranded assets with minimum billing demand of 80% and contracts of 10 years or longer. DTE offers the same data center upside as Constellation Energy but wraps it in a 3.52% dividend yield and regulated-utility stability, and its 2.4 GW of signed contracts is currently more advanced than CMS Energy's disclosed signings.
HPE's $700 Million AI Networking Backlog Tests Supply Chain
Hewlett Packard Enterprise is sitting on a record pile of AI networking orders it cannot yet ship, and the gap between bookings and revenue is now the central question for the stock. Orders for the Networks for AI portfolio reached $700 million in fiscal Q3 2026, a new high, after the company blew past its cumulative fiscal 2026 target of at least $2 billion and raised that target to $2.5 billion to $3 billion. The hardware behind those orders includes routers and switches HPE is supplying to Oracle for one of the largest AI cloud infrastructure build-outs, work that extends more than a decade of engineering between Oracle and Juniper Networks, the business HPE acquired last year. Networking revenue rose 10% in fiscal Q3 2026 against a prior-year base that includes Juniper Networks, while networking orders rose 36%, and the segment brought in $2.9 billion of the $12.2 billion in total revenue HPE reported for the quarter. Management attributes the gap to supply, citing memory and wafer capacity that have gated supply since the start of fiscal 2026, and HPE has more than doubled its networking purchase commitments quarter over quarter while signing multiyear supply agreements to lock capacity. Networking revenue growth is guided to 11% to 13% in fiscal Q4 2026 and 14% to 17% in fiscal 2027, with the next scheduled look at the business coming at the Networking Investor Day on September 30, 2026.
IBM Software Growth Slows as Q2 Organic Revenue Stalls
IBM's Software business slowed in the second quarter of 2026, with revenues up 5% year over year to $7.8 billion but organic revenue growth flat, as weakness in the Transaction Processing business drove an 8% revenue decline there. The company attributed the shortfall to customers shifting capital spending toward servers, storage and memory to secure supply-constrained infrastructure ahead of anticipated price increases, which left several large software deals unclosed within the expected timeframe. Still, roughly 80% of annual Software revenues is recurring, and Red Hat remained a key growth engine, with Hybrid Cloud revenues up 11% and OpenShift ARR reaching $2.2 billion, while the Data business grew 19% year over year. The acquisitions of HashiCorp and Confluent strengthened IBM's automation, data and hybrid-cloud capabilities, and Software segment profit rose 9% to $2.5 billion with segment margin up 110 basis points to 32.2%. IBM faces competition from Microsoft, whose Productivity & Business Processes segment generated $37.8 billion in June-quarter revenues, up 14% year over year, and from Oracle, whose cloud revenues surged 47% in USD and 46% in cc to $9.9 billion even as its Software revenues fell 2% to $6.8 billion.
Oracle CFO Hilary Maxson Tells Staff 'Doing More With Less' Isn't the Goal After New Layoffs
Oracle's newly appointed CFO, Hilary Maxson, told employees in her first company-wide meeting that the company's focus is not on "doing more with less" following recent layoffs, Business Insider reported Tuesday. Maxson emphasized being thoughtful about where the company spends its time and money and simplifying processes that do not benefit customers, while neither she nor other executives directly addressed the layoffs during the meeting. Co-CEO Mike Sicilia urged employees to ask how their work helps deliver a better outcome for a customer as Oracle begins its second quarter. In June, Oracle disclosed it cut 21,000 jobs, nearly 13% of its workforce, over the past year, citing the adoption and deployment of AI across its operations, and reported $28.5 billion in first-quarter capital expenditures, up from $8.5 billion a year earlier. Business Insider reported Monday that Oracle has begun another round of layoffs, with severance of four weeks' base pay plus one additional week for each year of service, and planned cuts that could reach double-digit percentages in some teams. The layoffs have also drawn comment from Sen. Elizabeth Warren, who warned that AI could eliminate millions of jobs and urged policymakers to act before workers lose income and employer-sponsored health coverage.
Oracle Expands Restructuring to $2.8 Billion as AI Backlog Hits $664 Billion
Oracle expanded its fiscal-2026 restructuring plan to roughly $2.8 billion as the company pours more capital into AI infrastructure, Reuters reported. The shares rallied about 5.4% to $150.90 Thursday morning, based on the latest market snapshot, versus the earlier $148.83 quote. That $2.8 billion restructuring bill works out to roughly 14.5% of Oracle's latest $19.35 billion in quarterly revenue and covers severance, contract exits and other restructuring costs, while free cash flow is running at approximately negative $5.4 billion. Remaining performance obligations have climbed to $664 billion after Oracle signed more than $30 billion of additional AI-cloud contracts, with roughly half of that backlog expected to turn into revenue within 36 months. Management says customer prepayments and customer-supplied chips can soften the capital burden, but the real test is execution.
Oracle Trades at $147 Despite $664 Billion AI Backlog, 24/7 Wall St. Sees 50% Upside
Oracle shares trade at $147.17 even after a fiscal Q1 2027 earnings report that saw revenue hit $19.345 billion, up 29.6% year over year, non-GAAP EPS of $1.92 against a $1.74 estimate, and cloud infrastructure growth of 121%. Remaining performance obligations swelled to $664 billion, with more than $30 billion in new AI contracts booked in the quarter alone, yet the stock has fallen 8.95% over the past week as the market focuses on negative $5.396 billion quarterly free cash flow and a $28.499 billion capex bill. 24/7 Wall St. maintains a buy rating and a $214.69 price target, implying roughly 50% upside, with 90% confidence, citing a forward P/E of 17 that is cheaper than Microsoft at 26 and Alphabet at 22. The bear case centers on FY26 free cash flow of negative $23.686 billion, interest expense up 55% to $1.4 billion, and full-year FY27 capex guidance of $90 to $95 billion, which could force another equity raise beyond the completed $20 billion ATM program. Half of the $664 billion RPO is expected to convert to revenue over the next 36 months, and management guided full fiscal 2027 revenue to at least $90 billion with non-GAAP EPS of $8.10.
Oracle Stock Jumps 6% on Report of $1.2 Trillion OpenAI Funding Talks
Oracle stock rose 6% at midday as reports emerged that OpenAI has recently been in talks to raise capital at a $1.2 trillion valuation. The move underscores how closely Oracle's fortunes are tied to OpenAI, its key AI partner. Last September, Oracle signed a $300 billion deal to provide computing power for OpenAI, a transformative agreement that elevated Oracle to a leading hyperscaler but also raised concerns that it had overstretched itself building expensive AI infrastructure for a customer many believed could face funding difficulties. Those fears had weighed on Oracle's debt, pushing credit default swap spreads higher, and the market was left unimpressed by recent news that OpenAI would push back its initial public offering from 2026 to at least 2027. If the funding speculation proves credible, it would be excellent news for Oracle and help de-risk its AI infrastructure build-out plans.
ENGIE to Supply Up to 568 MW of Renewable Power for Oracle's Texas Operations
ENGIE North America announced renewable energy supply agreements that will provide up to 568 MW of renewable electricity for Oracle's growing operations in Texas. The power will come from a portfolio of wind energy resources serving the Electric Reliability Council of Texas market, part of ENGIE's roughly 12 GW of new renewable generation and battery storage capacity built across North America over the past six years. Anne-Laure Chassanite, Interim CEO of ENGIE North America, said the agreements reflect the strength of the company's portfolio and its ability to deliver customized energy solutions for customers expanding in Texas. Julia Robin, Head of Infrastructure Planning and Sourcing for Oracle Cloud Infrastructure, said the deals advance Oracle's goal to match 100 percent of its AI data center electricity use with carbon-free electricity by 2035 without shifting costs to Texas consumers. ENGIE North America, based in Houston, has approximately 12 GW of power generation in operation or under construction across North America, representing $11 billion of capital employed.
Buffett Warns on Market Risk as Berkshire Builds $38 Billion Alphabet Stake
Warren Buffett told CNBC that markets are in a gambling mood and that prices for many assets will look very silly, while confirming he initiated Berkshire Hathaway's aggressive buying of Alphabet stock, a position now worth about $38 billion and representing roughly 12.6% of its public equity holdings. Buffett said the decision was made by Greg Abel, and when asked why he was comfortable buying Alphabet over other hyperscalers spending heavily on AI-related capital expenditures, he said he did not want to knock the others because they have no choice, adding that in many cases they are playing a game they do not want to play. Bond markets are pricing in default risk for Oracle, with a mid-market credit default swap spread of 192 basis points implying a 3.2% one-year default probability and 14.8% cumulatively over five years, after S&P Global Ratings downgraded Oracle debt from BBB to BBB-, its lowest investment-grade rating, warning that an industry downturn would hit Oracle worse than other hyperscalers. The takeaway is that any significant market-led weakness tied to weaker hyperscalers could be a buying opportunity in higher-quality names like Alphabet.
HPE Expands Oracle AI Data Center Deal and Signs Tottenham Hotspur Project
Hewlett Packard Enterprise expanded its global AI infrastructure partnership with Oracle, bringing HPE Juniper Networking into Oracle AI data centers, and separately agreed to a large-scale digital modernization project with Tottenham Hotspur Football Club focused on stadium hybrid cloud and AI infrastructure. Both collaborations highlight new client deployments for HPE across AI data centers and digitally enabled sports venues. The Oracle expansion supports the view that Juniper networking widens HPE's role in AI-centric data centers, where Cisco and Arista are key rivals, and shows Juniper integration moving into multi-year deployments. The Tottenham project reinforces HPE's GreenLake and as-a-service infrastructure business by turning a complex, multi-site venue into a single hybrid cloud environment. The article does not answer how far HPE can shift its overall revenue mix away from legacy servers toward these recurring, software-rich contracts.
Oracle Launches Java 27 With Post-Quantum Cryptography
Oracle introduced Java 27 with advanced post-quantum cryptography and ecosystem updates on 15 September 2026. The release includes Project Valhalla features and Helidon 27 support aimed at raising performance and developer productivity. Separately, Quorum Health selected Oracle Health's AI-driven platform as its standard for clinical and operational systems across its hospital network. Oracle said the combination pushes its AI story deeper into security-focused software and healthcare tools, and investors should watch for Java 27 uptake on Oracle Cloud Infrastructure and measurable Quorum Health deployment milestones in coming earnings updates.
Oracle Falls 1.4% as $664 Billion AI Backlog Meets Spending Reality
Oracle shares fell approximately 1.4% to $142.84 Tuesday as investors weighed the cost of building capacity behind the company's massive AI backlog. The company's fiscal first-quarter results showed revenue climbing 30% to $19.3 billion, while cloud infrastructure revenue exploded 121% to $7.4 billion, and remaining performance obligations reached $664 billion. Reuters reported quarterly capital expenditure of $28.5 billion alongside negative free cash flow of $5.4 billion, illustrating how aggressively Oracle is spending to convert that demand into usable computing capacity. The $664 billion backlog equals roughly 34.4 quarters of current quarterly revenue, while first-quarter capital spending represented nearly 148% of sales. The stock's retreat after last week's earnings surge suggests Oracle's AI opportunity is huge, but the capital required to capture it is becoming just as important to investors.
Jim Cramer Turns More Bullish on Oracle After 121% Cloud Infrastructure Revenue Jump
Jim Cramer said Oracle Corporation's latest quarter left him more bullish on the company's artificial intelligence buildout, pointing to a 121% jump in cloud infrastructure revenue and a $664 billion remaining performance obligation as evidence that AI demand is translating into contracted business. Oracle's fiscal first-quarter 2027 revenue rose 30% year over year to $19.3 billion, while total cloud revenue increased 62% to $11.61 billion and cloud infrastructure revenue reached $7.4 billion. The company delivered 850 megawatts of additional data-center capacity and more than 300,000 GPUs, and its RPO increased $209 billion from a year earlier to $664 billion, with management expecting roughly half of that backlog to convert into revenue over the next 36 months. Oracle reported $28.499 billion of capital expenditures but received $11.363 billion of customer prepayments with a significant financing component, putting net cash outlay for CapEx at $17.966 billion, and it completed its previously announced $20 billion at-the-market equity offering. The company expects fiscal 2027 revenue of at least $90 billion and non-GAAP EPS of $8.10, with current-quarter revenue growth of 30% to 34% and cloud-revenue growth of 65% to 71%, though the stock closed September 11 down 1.74% at $150.28 as investors weighed negative free cash flow of $5.4 billion and $90 billion to $95 billion of expected gross CapEx for fiscal 2027.
HPE Jumps 4% After Evercore ISI Downgrade as Oracle AI Networking Deal Anchors Bull Case
Hewlett Packard Enterprise stock rose 4% to $57.42 on Tuesday, one session after Evercore ISI downgraded the shares to In Line from Outperform, with the bounce erasing Monday's selling and leaving the stock up 141% year to date. Analyst Amit Daryanani kept his $65 price target unchanged and wrote that shares are fairly valued at current levels, framing the downgrade as a valuation call rather than a fundamental concern, and also flagged that networking margins have yet to improve materially and remain a laggard relative to networking peers. HPE separately extended its collaboration with Oracle, under which Oracle deploys HPE Juniper Networking across its AI data centers, a contracted buildout at gigawatt scale that the article describes as a practical answer to Daryanani's near-term catalyst concern. Dell Technologies climbed 4% to $555.42 in sympathy on continued enthusiasm for AI server suppliers, while Super Micro Computer slipped 0.8% to $36.46, leaving the server complex splintering rather than trading as one group. The iShares U.S. Technology ETF was down 0.5% to $249.76 and the SPDR S&P 500 ETF Trust was off 0.6% to $756.55, a soft backdrop that makes HPE's gain read as stock-specific rather than a broad sector bid.
Oracle cuts 20,000 to 30,000 jobs as AI data-center spending mounts
Oracle has begun a new round of layoffs, with termination notices going out on September 14 and confirmed by three affected employees and a copy of the notification email. TD Cowen estimates the round totals between 20,000 and 30,000 positions as Oracle reallocates resources toward its highest priority growth areas for data-center projects. The cuts follow a fiscal 2026 in which Oracle's headcount fell from about 162,000 to 141,000, a 13% reduction, while severance and other restructuring costs jumped to $1.8 billion from $374 million the year before. Oracle issued $43 billion of senior notes in fiscal 2026 as lease obligations doubled alongside data-center expansion, pushing total liabilities from $147.4 billion to $218.7 billion, and free cash flow came in at negative $23.7 billion. The company maintained its full-year capital expenditure forecast for fiscal 2027 at $90 billion to $95 billion, and Bank of America pointed to Oracle's $638 billion cloud backlog as the eventual payoff, noting roughly 12% is due within a year and another 34% over the following two to three years.
FERC Orders NERC to Write AI Data Center Reliability Standards by Dec. 31
The Federal Energy Regulatory Commission ordered the North American Electric Reliability Corporation on July 16 to write mandatory reliability standards for AI data centers, with a deadline of Dec. 31. Gartner expects power shortages to operationally constrain 40 percent of existing AI data centers by 2027, while Bloom Energy's latest power report puts U.S. data center IT load at roughly 80 gigawatts today, climbing toward 150 gigawatts by 2028, more than double what forecasters were projecting two years earlier. Oracle's Tom Eyford said a data center represents the same size of impact to the grid as losing a large power plant, and that the bigger worry is how fast hundreds of megawatts can vanish, forcing operators to match generation and load in real time. On wildfire liability, an Oregon appeals court tossed a $1 billion wildfire verdict against PacifiCorp in April, South Dakota passed a law in March barring strict liability claims against utilities in wildfire suits, and Gov. Gavin Newsom pushed a "fast pay" proposal this summer that would speed payouts to wildfire victims in exchange for limiting later lawsuits. Oracle's Arun Nimmala said utilities should treat data centers as grid participants rather than passive units, and that deep learning frameworks have shown up to 35 percent reduction in load shedding during extreme weather events.
Oracle Adds $700 Million to Restructuring Costs, Lifting Fiscal 2026 Bill to $2.8 Billion
Oracle Corporation is raising the expected cost of its fiscal 2026 restructuring plan by about $700 million, to roughly $2.8 billion, as it ramps up spending to capture demand for AI cloud services. The additional costs include severance, contract terminations and other exit expenses, with some restructuring directly linked to adopting AI across parts of the organization. Oracle had already recorded $1.8 billion of restructuring expenses in fiscal 2026, compared with $299 million in fiscal 2025. The restructuring comes alongside an unusually large AI investment cycle: Oracle booked more than $30 billion of new AI cloud contracts in its latest quarter, lifting its remaining performance obligations and revenue backlog to $664 billion, above the $639.89 billion analyst estimate, with roughly half of that backlog expected to convert into revenue over the next 36 months. In the recent quarter revenue rose 30% year over year to $19.3 billion, adjusted EPS reached $1.92 versus the $1.74 analyst consensus, and Oracle raised its fiscal 2027 adjusted EPS forecast from $8.05 to $8.10, while first-quarter free cash flow of negative $5.4 billion was better than the expected negative $9.56 billion and the previous quarter's negative $11.48 billion. Capital expenditure reached $28.5 billion in the latest quarter, with $11.36 billion funded through customer prepayments, and Oracle has said it plans to raise $40 billion through debt and equity during the fiscal year.
Cisive Becomes Oracle's Only ISV Partner for Background Checks
Cisive said it is the only Oracle Independent Software Vendor partner delivering background checks natively into Oracle Fusion Cloud Human Capital Management, eight months after joining Oracle's enhanced partner program. The company said growing adoption of its PreCheck LicenseManager Pro for Oracle among Oracle Fusion HCM customers has cemented that exclusive position. LicenseManager Pro bridges pre- and post-hire compliance, keeping license and credential data current directly inside Oracle as the system of record, a task healthcare organizations previously managed by hand. Cisive Chief Executive Officer Margaret Keane said being the only Oracle ISV partner for background screening gives customers a real advantage as more Oracle HCM customers in regulated industries adopt LicenseManager Pro. The integration extends beyond healthcare to any organization in a highly regulated industry running Oracle Fusion HCM.
Spinnaker Support Launches PostgreSQL Offerings to Reduce Oracle Database Dependency
Spinnaker Support announced new PostgreSQL offerings aimed at helping enterprises reduce Oracle database dependency and modernize without new vendor lock-in. The company, which says it is trusted by more than 1,300 organizations in 104 countries, said the announcement includes two primary offerings plus continued development of an enterprise distribution for PostgreSQL. The first, Enterprise Software Support for PostgreSQL, delivers 24x7 enterprise software support for standard PostgreSQL and vetted open-source components across on-premises, virtualized, containerized, and cloud environments. The second, Assessment and Migration Services for PostgreSQL powered by HexaCluster, helps organizations evaluate workload fit, analyze Oracle database dependencies, accelerate conversion, validate production readiness, and execute controlled cutovers with rollback planning, using HexaCluster's HexaRocket migration, data movement, and replication technology. Spinnaker also confirmed it is developing an enterprise distribution for PostgreSQL that is not yet generally available, and announced the promotion of Martin Biggs to vice president and general manager of its PostgreSQL Practice. CEO Matt Stava said the offerings give customers a trusted, lower-risk path to standard, non-proprietary PostgreSQL backed by 24x7 mission-critical support.
Oracle CTO Larry Ellison Cancels $7.5 Billion Share Sale as Backlog Surges
Oracle founder and CTO Larry Ellison has scrapped a plan to sell $7.5 billion worth of shares, a move CNBC host Jim Cramer said would squeeze short sellers. The reversal came after Oracle reported fiscal first quarter results in which its backlog surged by $209 billion to $664 billion, with more than $30 billion of the new orders coming from new AI cloud contracts. Revenue grew 30% and profit rose 60% in the quarter, and the company guided fiscal second quarter growth of 30% to 34%. The company exited the quarter with $127 billion in debt against $33 billion in cash and equivalents, and capital expenditure came in at negative $5.4 billion, while it laid off 21,000 employees in fiscal year 2026. Hedge fund sentiment was little changed, with 119 funds tracked by Insider Monkey holding the stock versus 115 in the prior quarter, including new stakes of $184 million from Tudor Investment Corp and $126 million from Tontine Asset Management.
Oracle Beats Fiscal Q1 Estimates, Raises Full-Year Outlook
Oracle reported fiscal first-quarter results after the market closed on Sept. 10, with sales up nearly 30% year over year to $19.4 billion and adjusted earnings per share of $1.92, both beating Wall Street expectations of $19.1 billion and $1.74. The company also raised its full-year sales outlook to at least $90 billion and said it expected adjusted earnings per share of $8.10, up from previous guidance of roughly $90 billion and $8.05. Shares initially rose as much as 8.5% in the following session but closed down 1.7%, as investors weighed roughly $700 million in restructuring charges tied to layoffs and a plan by founder Larry Ellison to sell as many as 50 million shares, a sale worth roughly $7.5 billion that Ellison subsequently said he was canceling. Oracle ended the quarter with $36.3 billion in cash and equivalents against debt of roughly $117 billion, and a large share of its future business is tied to a $300 billion deal with OpenAI. The stock is down roughly 26% year to date and 56% from its all-time high, trading at about 18.6 times this year's expected earnings.
Big Tech's $220 Billion AI Bond Spree Is Warping Credit Markets, Alphabet and Meta Show
Alphabet, Amazon, Meta, Microsoft and Oracle issued roughly $220 billion of bonds over the prior year to fund data-center expansion, a wave of supply large enough to distort the credit market around it, Reuters reported on September 10. Similar credits are no longer always trading at similar spreads as repeated giant deals flood the market, and even high-quality borrowers can see spreads widen when investors must absorb too much similar paper. Alphabet has the cash generation, cloud growth and advertising franchise to access investment-grade markets on favorable terms, while Meta pairs the same balance-sheet advantage with a highly profitable advertising engine funding its buildout. Institutional positioning moved in opposite directions: Insider Monkey's database showed 275 hedge funds holding Alphabet in the second quarter, up from 265 in the first, with Berkshire Hathaway increasing its Class A position about 45%, while Meta fell to 254 holders from 262 and Newlands Management trimmed its stake to 9,664,414 shares. Alphabet Class A had 77,698,668 shares sold short on August 31, just 0.72% of float, with 3.48 days to cover. The credit distortion is not a solvency warning for Alphabet or Meta but a price signal: when even elite borrowers repeatedly tap bond markets for AI infrastructure, investors demand compensation for duration and supply.
Rimini Street and Datacom Sign Strategic Partnership for ANZ Oracle and SAP Support
Rimini Street Inc. announced a strategic partnership with Datacom under which Datacom will resell Rimini Support for Oracle and SAP software to public and private sector customers across Australia and New Zealand. Under the reseller agreement, Datacom will offer level 4 support services, security and compliance solutions powered by Rimini Street to clients running perpetually licensed versions of Oracle and SAP software, without requiring them to upgrade or give up their licenses. Rimini Street said clients can save up to 90% of total enterprise software support costs and redirect IT budget and talent toward digital transformation, cloud migration and AI-driven projects. Shirley Riddick, GVP and regional GM for ANZ at Rimini Street, called it a first-of-its-kind partnership for the company in the region, saying organisations can deploy Agentic AI in weeks rather than months on top of their existing systems. Dave Payne, director of Core Platforms for Australia and New Zealand at Datacom, said the partnership extends the life and value of clients' enterprise software investments so they can continue on their AI journeys.
IIG unveils JUMP+ plan to build AI-CRM, targets 20 million baht net profit in 2028
IIG is pressing ahead with its turnaround after gross margin reached 16.6% in the second quarter of 2026, up from 13.4% in the same period a year earlier, helping to cut its net loss by as much as 50%, with total revenue of 163 million baht, flat compared with the same period last year. Ms. Chanoknan Thiamrat, investor relations officer at I&I Group Public Company Limited, or IIG, said the company is placing more weight on its consulting and ERP design-and-installation business, focusing more on Oracle software, while resizing its customer relationship management, or CRM, projects, namely Salesforce, to fit clients' budgets, and tightening sales and administrative expenses to boost margins. The trend for the third quarter of 2026 is expected to be close to that of the first half. Under the JUMP+ Plan for 2026 to 2028, the company is developing an AI Intelligent Platform, or AI-CRM, for the Thailand and Southeast Asia markets, which is more than 40% complete and is targeted for commercial launch within the third quarter of 2026. It aims for AI-CRM revenue of 30 million baht in 2028 and expects net profit of no less than 20 million baht within 2028, under assumptions of 10% annual revenue growth and an 8% net profit margin.
Oracle Begins New Layoffs as AI Infrastructure Debt Mounts
Oracle has begun a new round of layoffs, following job cuts earlier this year, as the company racks up billions in debt to fund AI infrastructure. The move marks the latest in a series of workforce reductions at the technology giant. Separately, a dark web marketplace is reportedly selling scans of more than 153 million drivers' licenses, a breach experts warn could increase identity theft and fraud risks because licenses are difficult to replace. Elsewhere, experts are predicting the 2026 tax brackets, which may be wider, though that does not necessarily mean taxpayers will pay less.
Oracle Falls as Larry Ellison Cancels $7.5 Billion Share Sale
Oracle co-founder Larry Ellison cancelled his plan to sell $7.5 billion of company stock, sending shares down around 4% on Monday. Oracle had previously disclosed in a regulatory filing that Ellison planned to sell 50 million shares worth roughly $7.5 billion, Reuters reported, and the company did not offer a reason for the change in plans. The announcement came as Oracle faces mounting costs tied to its data centre buildout, and the company has cut 21,000 jobs this fiscal year, about 13% of its workforce, to help fund the expansion. Oracle disclosed Friday that it had set aside an additional $700 million for restructuring, bringing its total reserve to around $2.8 billion, covering what the company called additional actions it expects to take. Oracle stock is down 22% since the start of the year.
Baldwin Acquired for $7.7 Billion; Musk Touts SpaceX AI Launch, Ellison Halts Oracle Share Sale
Michael Dell's family office and Sequence Holdings teamed up to acquire Baldwin Insurance Group Inc. in an all-cash deal valued at $7.7 billion, sending shares of Baldwin, ticker BWIN, moving. SpaceX shares moved after Chief Executive Elon Musk said Sunday on social media platform X that he is "highly confident" the company will launch Nvidia's Vera Rubin NLV72 artificial intelligence computers in space next year. Oracle shares fell as Chairman Larry Ellison canceled his plan to sell as many as 50 million shares in the tech company, a holding worth $7.5 billion.
Fed Set to Decide on Rate Hike at September 16 Meeting
The Federal Reserve will announce its policy decision on Sept. 16, with expectations of a rate hike amid elevated inflation and CPI prices. Kevin Gordon, Head of Macro Research and Strategy at the Schwab Center for Financial Research, said a 25 basis point increase would not resolve supply issues but warned that without a monetary policy response, inflation risks running away and inflation expectations could stay elevated. He noted that PPI components mapping to PCE do not yet convince that inflation is on a durable path back to 2%. Yahoo Finance Senior Business Reporter Ines Ferré said gasoline and diesel prices are at record highs for this time of year, and noted Goldman Sachs now expects the Fed to cut rates next. Gil, speaking about client concerns, said higher rates raise the discount rate on long-duration equities, pressuring tech and growth stocks, and would make debt-financed data center buildouts by CoreWeave and Oracle more expensive, slowing the AI complex.
AI Data Center Power Infrastructure Market to Reach USD 244.10 Billion by 2035, SNS Insider Says
The global AI data center power infrastructure market was valued at USD 32.60 Billion in 2025 and is projected to reach USD 244.10 Billion by 2035, a 22.3% CAGR from 2026 to 2035, according to SNS Insider. Within that total, the U.S. market alone was estimated at USD 13.49 billion in 2025 and is expected to reach USD 97.00 billion by 2035, a roughly 21.8% CAGR, while North America is the largest region and Asia Pacific is the fastest growing at a 26.90% CAGR, with China accounting for around 33.50% of the Asia Pacific market in 2025. By component, UPS Systems held the largest share at 29% in 2025, with Power Distribution Units the fastest growing; by power capacity, the above 20 MW segment took 41% of the market while 10-20 MW grew fastest; hyperscale data centers held 55% by data center type and Cloud Service Providers & Hyperscalers 59% by end user, with Government & Defense the fastest-growing end user. The report cites 2026 deals including Bloom Energy's master services agreement with Oracle for up to 2.8 gigawatts of solid oxide fuel cell capacity, expanded from an earlier 1.2-gigawatt agreement, and Eaton's nearly 20 pilot programs for medium-voltage solid-state transformer technology supporting 800-volt DC distribution, with hyperscaler orders expected in the second half of 2026 and shipments planned for late 2027. Key players named include Schneider Electric SE, Vertiv Holdings Co., Eaton Corporation plc, ABB Ltd, Delta Electronics, Inc., Legrand SA, Siemens AG, Hitachi Energy Ltd, Caterpillar Inc., Cummins Inc., Generac Holdings Inc., Rolls-Royce Power Systems AG, Toshiba International Corporation, Mitsubishi Electric Corporation, Socomec Group, Piller Power Systems Inc., Rittal GmbH & Co. KG, Huawei Digital Power Technologies Co., Ltd., Bloom Energy Corporation and EnerSys.
Oracle Falls 5% as $700M Layoff Cost Increase Outweighs Ellison's Canceled $7.5B Stock Sale
Oracle shares fell 5% to $142.88 in early Monday trading after the company disclosed in a Friday regulatory filing that it is expanding planned job cuts and raising the estimated cost of its restructuring plan by $700 million, largely for severance and exit costs tied partly to how it is deploying AI across parts of its business. The disclosure outweighed a friendlier signal from Executive Chair Larry Ellison, who canceled a preset trading plan that would have allowed the sale of up to $7.5 billion of his Oracle stock; Oracle said no shares were sold under the plan and that Ellison has no other plans to sell, without explaining the cancellation. The sell-off spread to capital-intensive AI compute peers, with CoreWeave down 5% to $84.86 and Nebius Group down 5% to $214.19 as sympathy plays, while the First Trust Cloud Computing ETF rose 0.2% and the Invesco QQQ Trust fell 1.14%, isolating the move to compute names rather than cloud as a category. Anthropic CEO Dario Amodei called over the weekend for frontier AI companies to slow the pace of model capability development, and OpenAI CEO Sam Altman backed him and said OpenAI won't go public this year, a concern for Oracle because OpenAI is a key anchor of its contracted backlog. Oracle is funding a heavy data center buildout with debt and share issuance while its free cash flow is negative, and the article notes that any further disclosure clarifying whether the $700 million restructuring increase is fully sized would help settle the debate.
Larry Ellison Cancels $7.5 Billion Oracle Stock Sale Plan
Larry Ellison cancelled a Rule 10b5-1 trading plan that would have allowed him to sell up to 50 million Oracle shares, an arrangement CNBC valued at roughly $7.5 billion at the price at the time of reporting. According to CNBC, no Oracle stock had been sold under the plan, which was adopted on June 22 and set to end on Oct. 24, and Ellison has no other plans to sell any of his shares. A regulatory filing disclosed the plan's existence on September 11, 2026, and Ellison cancelled it the next day, with Oracle announcing the cancellation in a news release dated September 12, 2026; Oracle did not explain the reason. The reversal followed a roughly $200 billion decline in Ellison's net worth over a year, from becoming the second person ever worth more than $400 billion in September 2025 to $204 billion and seventh-richest in the world as of September 13, 2026, per the Bloomberg Billionaires Index. Oracle's Q1 fiscal 2027 results, filed via 8-K on September 10, showed cloud infrastructure revenue up 121% and remaining performance obligations of $664 billion, offset by capital expenditures of $28 billion in a single quarter, free cash flow of negative $5 billion, and a completed $20 billion at-the-market equity issuance.
Anthropic and OpenAI CEOs Agree AI Development Needs Slowing
Anthropic CEO Dario Amodei and OpenAI CEO Sam Altman now agree that the AI industry needs to pace its development, with Amodei's essay warning the danger is too high and Altman joining the call to slow the frontier. Business Insider Today executive editor Dan DeFrancesco noted the timing, coming less than two weeks before Anthropic's S1 filing ahead of going public, and questioned whether the safety push follows four years of leaders promising unlimited opportunity and now arriving as investors ask where the ROI is. The discussion stressed that the argument is not to stop AI or halt the buildout or CAPEX investment, but to slow how fast the models advance at the frontier. For investors, the case still rests on the buildout and CAPEX, betting on Microsoft, AWS and Oracle, even as the labs pull back in theoretical territory. DeFrancesco warned that if new products must wait for everyone to move in line, a public company facing quarterly pressure cannot keep saying it would have released something great but had to hold back.
Oracle's $664 billion backlog lifts Dell and HPE as AI financing costs loom
Oracle's fiscal first-quarter results sent a powerful signal to Dell Technologies and Hewlett Packard Enterprise, whose shares surged on the read-through from the software giant's ballooning AI infrastructure commitments. Oracle's total revenue rose 30% to $19.3 billion, cloud infrastructure revenue surged 121% to $7.4 billion, and remaining performance obligations climbed $209 billion to $664 billion. Oracle said it added 850 megawatts of data center capacity in the quarter and more than 300,000 GPUs to AI cloud clients since the end of its previous quarter, and won more than $30 billion in new AI-related cloud services contracts. Dell, which reported record fiscal second-quarter revenue of $47 billion, up 58% year-over-year, booked a record $60.9 billion of AI server orders and exited the quarter with a $95 billion AI server backlog, lifting its fiscal 2027 revenue forecast by $25 billion to $192 billion. HPE reported record fiscal third-quarter revenue of $12.2 billion, up 34%, with its Cloud & AI segment earning $9.04 billion, up 25%, and server revenue rising 35% to $6.77 billion. Oracle's buildout is capital-intensive: it posted record first-quarter operating cash flow of $23 billion but negative $5 billion in free cash flow, sold $20 billion in stock, and raised $43 billion in debt and $5 billion in equity in fiscal 2026 against a $23.7 billion negative free cash flow, with plans to raise $40 billion in debt and equity in fiscal 2027. The Federal Reserve left its benchmark rate unchanged at 3.5% to 3.75% at its July meeting, with its next policy meeting scheduled for Sept. 15-16.
Oracle Data Center Delays Hit New Mexico Stargate Site as Co-CEO Calls On-Time Assumption a Bad Plan
Oracle's New Mexico data center, part of its Stargate buildout with OpenAI, has been delayed after the New Mexico State Land Office twice denied a permit for a natural gas pipeline needed to power the site, pushing its in-service date to February 2027. On the company's first-quarter earnings call, co-CEO Clay Magouyrk said assuming every project will meet its deadline is a bad plan, adding that Oracle's data center sites typically come online in phases over several quarters rather than all at once, so a delay at one location does not create a sudden, concentrated hit to revenue in any single quarter. Magouyrk said construction remains definitely on track, with Oracle turning to Bloom Energy fuel cells for on-site power instead of waiting on the pipeline. Oracle reported first-quarter earnings of $1.92 per share, beating the analyst consensus estimate of $1.74 by 10.34%, on revenue of $19.35 billion, above the Street estimate of $19.14 billion. The company raised its fiscal adjusted EPS guidance to $8.10 from $8.05, versus the $8.07 analyst estimate, and now expects full-year revenue of more than $90 billion, above the $89.79 billion estimate.
Oracle Health Launches Clinical AI Agent for Nurses in the U.S.
Oracle Health announced the U.S. availability of Oracle Health Clinical AI Agent for nurses, a set of AI-powered capabilities embedded directly into Oracle Health Foundation EHR to alleviate documentation burden and streamline care coordination in inpatient settings. The tool combines voice-driven chart navigation and search, AI-powered acute nursing summaries, and voice-enabled discrete charting, helping nurses locate patient information, document care in near real time, and spend more time with patients. Seema Verma, executive vice president and general manager of Oracle Health and Life Sciences, said the agent delivers quicker access to patient information and enables voice-powered documentation at the point of care. Lynnette Clinton, chief information officer of BayCare Health System, said early adoption has the potential to reduce after-shift charting and ease administrative burden. Since launching nearly two years ago, Oracle Health Clinical AI Agent clinical note capabilities have saved physicians more than 400,000 hours across health organizations in the U.S., and Oracle is now extending those capabilities to nursing documentation and care coordination.
Larry Ellison Cancels Plan to Sell $7.5 Billion in Oracle Stock
Larry Ellison canceled his plan to sell Oracle stock on Saturday, a day after a regulatory filing revealed he had adopted a trading plan to unload up to 50 million shares worth roughly $7.5 billion. No shares changed hands before he reversed course, and Oracle said in a statement that no Oracle stock was sold under that plan and that Ellison has no other plans to sell any of his Oracle stock, offering no explanation for the cancellation. The trading plan, known as a 10b5-1 plan, had been adopted on June 22 and was set to expire on Oct. 24, according to The Wall Street Journal, and Ellison's stake amounts to more than 40% of the company, a position the 82-year-old has held since Oracle's early days. Oracle stock has fallen more than 23% this year, and a Wall Street Journal analysis determined that roughly 24% of Ellison's approximately $200 billion net worth had been pledged as collateral. Oracle has been spending heavily to build out artificial intelligence data center infrastructure, planning to raise approximately $40 billion through a combination of borrowing and equity issuance in the current fiscal year, following capital expenditures of $55.7 billion in fiscal 2026 that left it with a cash outflow of $23.7 billion more than it generated, with total debt now at $125 billion. In its most recent quarter, Oracle reported cloud infrastructure revenue that more than doubled, rising 121% to $7.4 billion, while overall revenue grew 30% year over year to $19.35 billion and the company raised its full-year fiscal 2027 revenue outlook to a minimum of $90 billion. Ellison has committed more than $40 billion of his own wealth to finance his son David Ellison's effort to take over Warner Bros. Discovery in a transaction that carries a price tag of nearly $80 billion, according to The Wall Street Journal, and that proposed acquisition is being contested in court over antitrust concerns, according to CNBC.
Hewlett Packard Enterprise Shares Jump 19% on AI Demand and Strong FY26 Outlook
Hewlett Packard Enterprise shares climbed 19.4 percent week-on-week as continued investment in artificial intelligence drove investors to increase their exposure to the stock. The rally followed Oracle Corp.'s indication in an earnings call last week that it will keep pouring heavily into AI, which investors took as a cue to buy shares expected to benefit. Earlier in the month, Hewlett Packard Enterprise signaled an optimistic outlook, targeting full fiscal year 2026 revenue growth of 34 to 37 percent, with the networking segment alone expected to accelerate by 73 to 74 percent, and projecting GAAP earnings per share of $2.93 to $3.03 and non-GAAP earnings per share of $3.75 to $3.85. For the fourth quarter, the company targets revenues of $13.9 billion to $14.8 billion, GAAP earnings per share of $1.12 to $1.22 and non-GAAP earnings per share of $1.20 to $1.30. In the last quarter, net income attributable to shareholders reached $1.511 billion, up 447 percent from $276 million a year earlier, as net revenues rose 33.7 percent to $12.2 billion from $9.14 billion, with cloud revenues contributing $9 billion and networking revenues growing 74.9 percent to $2.9 billion. The board approved a dividend of $0.1425 per share payable on October 16, 2026, with a new cutoff date of Thursday, September 17, while data from Insider Monkey showed 85 hedge funds held the stock in the second quarter, up from 58 in the first quarter, with collective holdings rising 77.4 percent to $5.66 billion from $3.19 billion.
Oracle Chairman Cancels Plan to Sell Up to $7.5 Billion in Company Stock
U.S. software giant Oracle announced on the 12th that co-founder and Chairman Larry Ellison has canceled a plan to sell up to 50 million Oracle shares, worth about $7.5 billion based on the closing price on the 11th. The company did not disclose a reason. In a regulatory filing on the 11th, Oracle had disclosed that Ellison established the sale plan on June 22 of this year, with an expiration date of October 24 of this year. On the 12th, the company said no Oracle shares had been sold under the plan and that Ellison has stated he has no plans to sell any of the Oracle shares he holds going forward. Oracle's stock price has fallen sharply this year as investor concerns mounted that a surge in capital spending is squeezing free cash flow, with a year-to-date decline of nearly 23%, and down more than 18% compared with the closing price on June 18, the last trading day before Ellison approved the trading plan. According to LSEG data, the 82-year-old Ellison served as Oracle's chief executive until 2014 and remains the company's largest shareholder, holding more than 38% of its stock.
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