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Oracle Stock Climbs After Quantum Partnership, Layoffs Report

Oracle (ORCL) stock rose on Wednesday following two key developments. The company announced a multiyear partnership with Quantinuum (QNT) to integrate quantum computing capabilities into its cloud platform. Additionally, reports emerged that Oracle is considering another round of layoffs, potentially impacting a "double-digit percentage" …

Daily Digest: Oracle's new layoff plan, Uber and Lyft drivers' union

Oracle founder Larry Ellison is reportedly planning another round of layoffs at the software giant. Concurrently, the California Gig Workers Union has been cleared to represent Uber and Lyft drivers statewide after securing signatures from 30% of the estimated 350,000 drivers in California.

Oracle (ORCL) Adds Quantum Computing To Its Cloud, So What’s The Catch?

Oracle (NYSE:ORCL) just gave its cloud story a new frontier. On August 12, the company announced a multi-year partnership with Quantinuum to bring quantum computing to Oracle Cloud Infrastructure, adding one more growth narrative to a stock that has already been on a wild …

Why Oracle Stock Just Jumped

Oracle Corporation (NYSE: ORCL) stock rose 5.9% after "neocloud" companies CoreWeave and Nebius reported strong earnings, signaling robust demand in the AI infrastructure market. While this indicates a positive trend for Oracle's AI data center business, the author expresses concern about Oracle's high debt …

Oracle Stock Climbs After Quantum Deal, Layoffs Report

Oracle struck a partnership deal with Quantinuum. The tech giant is also considering additional layoffs as it invests in AI. Continue Reading

Barrow Hanley Global Investors (PNW) discloses 5.4% beneficial stake in Pinnacle West

Barrow Hanley Global Investors has disclosed a 5.4% beneficial stake in Pinnacle West Capital Corp (PNW), as reported in a Schedule 13G SEC filing. This represents ownership of 6,575,662 shares, with Barrow Hanley holding sole voting power over 4,188,224 shares and shared voting power …

Pinnacle returns to PEOPLE’s top 20 companies that care

Firm lands in top 20 two years in a row ATLANTA, August 12, 2026--(BUSINESS WIRE)--Pinnacle Financial Partners has been named in the top 20 among the 2026 PEOPLE® Companies that Care list for the second year in a row by Great Place To Work® …

Pinnacle is No. 16 among PEOPLE’s Companies that Care

Firm lands in top 20 two years in a row ATLANTA, August 12, 2026--(BUSINESS WIRE)--Pinnacle Financial Partners has been named in the top 20 among the 2026 PEOPLE® Companies that Care list for the second year in a row by Great Place To Work® …

Oracle vs SMCI: Two AI Buildout Bets, One Big Catch

Quick Read Oracle's $638B backlog and Supermicro's doubled gross margin signal AI strength, but both companies burned billions in cash during FY2026. Oracle's chip-neutral multicloud strategy embeds datacenters inside AWS, Google, and Microsoft, while Supermicro's export-control review remains its biggest overhang. Oracle's 36% operating …

Oracle planning new round of layoffs in August 2026

Oracle is reportedly planning a new round of layoffs in August 2026, with some teams potentially seeing double-digit percentage cuts, as the company incurs significant debt to finance its AI data center expansion. These cuts follow a 13% reduction in Oracle's workforce during the …

Is It Worth Investing in Oracle (ORCL) Based on Wall Street's Bullish Views?

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Let's …

Oracle Health's AI-Powered Patient Portal Now Generally Available

Provides patients with plain-language explanations of conditions and treatments to improve their understanding of medical records Makes it easier for patients to proactively manage their care, engage with their doctors, and stay on track with treatment plans AUSTIN, Texas, Aug. 12, 2026 /PRNewswire/ -- …

Oracle to slash more jobs to fund AI plans with ‘double digit’ percentage cuts on some teams: report

Oracle is reportedly planning another round of job cuts, with some teams facing double-digit percentage reductions, as it seeks to trim payroll and fund its significant investments in artificial intelligence infrastructure. This follows earlier layoffs in fiscal 2026 where the company eliminated 21,000 jobs, …

HC Wainwright Has Pessimistic Outlook of ACRS Q3 Earnings

Australian Clinical Labs (ASX:ACL) Value Case Builds as Healthcare Stock Reprices

Pacer Advisors Inc. Sells 75,192 Shares of The Scotts Miracle-Gro Company $SMG

Oracle's Larry Ellison overtakes chief of world's second-most valuable company to become seventh-richest

Oracle co-founder Larry Ellison has become the world's seventh-richest person with a net worth of $190.6 billion, surpassing Nvidia CEO Jensen Huang. This shift occurred after Oracle shares climbed 2.6% while Nvidia shares slipped. Despite a recent surge in June that briefly made him …

Pinnacle West Capital Corp (PNW) Earnings Forecast: Future EPS & Revenue Growth Estimates

Reflecting On Regional Banks Stocks’ Q2 Earnings: Pinnacle Financial Partners (NASDAQ:PNFP)

Oracle planning another layoff wave in September? Managers asked to 'prepare lists'

Oracle is reportedly planning another round of layoffs before September 1, asking managers to identify employees for potential role elimination. This follows approximately 21,000 job cuts in fiscal 2026, as the company balances workforce restructuring with massive investments in its cloud and AI infrastructure. …

Oracle layoffs: After cutting 21,000 jobs, company plans another layoff wave

Oracle is reportedly preparing for another round of layoffs, with managers asked to identify affected employees before September 1st. This comes after a reduction of 21,000 jobs in the past financial year, as the company invests billions in AI-driven cloud infrastructure. While AI isn't …

Michael Burry Took a Bearish Bet Against Oracle. Here’s What It Means for ORCL Stock.

Michael Burry, known for predicting the 2008 housing crash, has taken a short position against Oracle (ORCL) due to concerns about the company's significant AI infrastructure spending and future lease commitments. While Oracle's AI business is growing rapidly with impressive quarterly results and a …

Pinnacle West VP Blankenship sells $97,181 in common stock

Elizabeth A. Blankenship, VP, Controller and CAO at Pinnacle West Capital Corp (NASDAQ:PNW), sold 980 shares of common stock for $97,181 on August 10, 2026, at a price of $99.165 per share. After the sale, Ms. Blankenship directly holds 10,886 shares and indirectly holds …

Pinnacle West SVP Jose Luis Esparza Jr sells $183,618 in stock

Jose Luis Esparza Jr., SVP Public Policy at APS (a subsidiary of Pinnacle West Capital Corp), sold 1,800 shares of the company's common stock for $183,618. Following this transaction, Esparza directly holds 4,910 shares. Pinnacle West Capital Corp. appears overvalued but offers an attractive …

Elizabeth Blankenship Sells 980 Shares of Pinnacle West Capital (NYSE:PNW) Stock

Elizabeth Blankenship, Chief Accounting Officer of Pinnacle West Capital (NYSE:PNW), sold 980 shares of the company's stock for approximately $97,187, reducing her ownership by 8.26%. This insider sale comes as the company reported quarterly EPS slightly below estimates but saw revenue increase by 7.1% …

Insider Selling: Pinnacle West Capital (NYSE:PNW) SVP Sells $183,618.00 in Stock

Pinnacle West Capital (NYSE:PNW) SVP Jose Luis Esparza Jr. sold 1,800 shares of the company's stock for $183,618.00 on August 7th, reducing his holdings by 26.83%. The sale follows the company's recent earnings report, where it missed EPS consensus but saw a 7.1% rise …

Oracle Layoffs: IT Company Planning Another Round Of Job Cuts? What We Know

Oracle is reportedly planning another significant round of job cuts this month, aiming to implement them before its second fiscal quarter begins on September 1. This move comes as the company incurs massive costs to fund its artificial intelligence initiatives, including building data centers …

Quantinuum and Oracle Partner to Accelerate Hybrid Quantum Compute Adoption on Oracle Cloud Infrastructure

Quantinuum and Oracle have partnered to integrate Quantinuum's Helios quantum computer into Oracle Cloud Infrastructure (OCI), aiming to accelerate hybrid quantum-AI compute adoption. This collaboration will provide OCI customers with direct access to Helios for computationally intensive challenges across various sectors like drug discovery, …

Oracle And Quantinuum Join Forces To Bring Quantum Computing To Oracle Cloud — ORCL, QNT Stocks End Lower

Oracle and Quantinuum have formed a strategic partnership to integrate Quantinuum's Helios quantum processor into Oracle Cloud Infrastructure (OCI) AI data centers. This collaboration aims to make hybrid quantum-classical computing accessible as a managed cloud service, enabling research in areas like drug discovery and …

Oracle, Quantinuum partner to bring quantum computing to cloud

Aug 11 (Reuters) - Quantinuum and Oracle on Tuesday announced a multi-year partnership aimed at bringing quantum computing ‌capabilities to Oracle's cloud platform, as technology firms ‌race to commercialize the nascent technology. Financial terms of the partnership and a ​deployment date were not disclosed. …

GigaCloud Technology Inc SEC Filing (Aug 11, 2026)

This article reports on a GigaCloud Technology Inc (GCT) SEC Form 144 filing from August 11, 2026. The filing indicates a proposed sale of 60,000 Class A Ordinary Shares acquired through an Employee Stock Ownership Plan on June 1, 2014, with an aggregate market …

Why Did Oracle Stock Drop After Today's TikTok News?

Oracle's stock dropped 4.1% despite the Trump Administration lifting its ban on TikTok and a Justice Department opinion clearing the app for U.S. use. While this seems like good news for Oracle, which holds a majority stake in TikTok, the market is reportedly more …

Pinnacle West Capital (PNW) Q2 2026 Earnings Call Transcript

Pinnacle West Capital (PNW) reported Q2 2026 consolidated net income of $178.6 million and diluted EPS of $1.43, a decrease from the prior year due to higher interest charges and depreciation, despite an increase in total operating revenues to $1.46 billion. The company experienced …

What's Going On With Oracle Stock Tuesday?

Oracle's stock was down almost 4% on Tuesday despite positive analyst commentary. BNP Paribas analyst Stefan Slowinski highlighted Oracle's strong position in the AI infrastructure market, attractive contract economics, and potential for free cash flow inflection starting in fiscal 2029. However, the stock's decline …

Scotts Miracle-Gro (NYSE:SMG) Director Mark Kingdon Sells 831 Shares

GE Vernova and Oracle among market cap stock movers on Tuesday By Investing.com

This article highlights significant stock movements on Tuesday, categorizing them by market capitalization. Companies like GE Vernova, Sea Limited, NIQ Global Intelligence, Quantum Corp, and Babcock & Wilcox Enterprises saw gains, while Oracle, On Holding, First Advantage, and Cardinal Infrastructure Group Ltd experienced declines. …