Oracle cuts 21,000 jobs amid AI spending
Oracle (NYSE:ORCL) cut about 21,000 full-time jobs over the past year while accelerating its investment in AI data center infrastructure.
Oracle (NYSE:ORCL) cut about 21,000 full-time jobs over the past year while accelerating its investment in AI data center infrastructure.
Meta (NASDAQ:META) launched a new line of AI-powered smart glasses called Meta Glasses, priced from $299 and designed in-house while still working in partnership with EssilorLuxottica.
Trinity Biotech (NASDAQ:TRIB) launched Trinovium, a subsidiary dedicated to advanced liquid cooling fluids and intelligence systems for AI and high-performance computing data centers.
Micron Technology (NASDAQ:MU) announced a strategic agreement with Anthropic that includes a memory and storage supply deal, technical collaboration on AI infrastructure, and a strategic investment in Anthropic’s Series H funding round.
Fortitude Mining Holdings and HeartSciences (NASDAQ:HSCS) have entered into a definitive merger agreement to combine in an all-stock transaction expected to close in the second half of 2026.
Bristow Group (NYSE:VTOL) executed an agreement to acquire Berry Aviation from Acorn Capital Management for $105 million.
Veeva Systems (NYSE:VEEV) acquired Copli, a pioneer in agentic medical, legal, and regulatory solutions, and launched Veeva Falcon MLR.
AerCap (NYSE:AER) delivered the first new GE-powered Boeing 787-9 aircraft to Thai Airways on June 23, 2026 at Boeing’s Delivery Center in Everett, Seattle.
Korn Ferry (NYSE:KFY) reported fourth quarter FY'26 fee revenue of $759.8 million, a 7% increase from the prior year.
AEVEX (NYSE:AVEX) has been awarded the next option year of the Fire Integrated Real-Time Intelligence System (FIRIS) contract by the California Governor’s Office of Emergency Services (Cal OES), valued at $15.2 million.
Technology stocks came under heavy selling pressure with Nasdaq 100 futures pointing to a 2.8% decline and S&P 500 futures down 1.4%.
HII (NYSE:HII) announced today that its Mission Technologies division has received a $418 million, five-year indefinite delivery/indefinite quantity (IDIQ) contract to support U.S. Navy fleet operational readiness.