$ORCL

Bay Area tech layoffs in 2026 have surpassed 2025 totals, with 12,947 jobs cut by September. PayPal, Amazon, and Synopsys recently announced cuts, including 251 jobs by PayPal. Meta, Amazon, Cisco, and others have also disclosed significant layoffs. PayPal's cuts follow a reorganization into three business units.

Analysts made several calls: Goldman Sachs reiterated Tesla as neutral, citing Cybercab's cost benefits. Bernstein kept Apple as outperform, noting market share gains. Baird upgraded Sonida Senior Living to outperform. Morgan Stanley upgraded Shell to overweight, expecting acceleration. Piper Sandler upgraded Simmons First National to overweight. Goldman upgraded Vodafone to buy. B. Riley initiated Infleqtion as buy. William Blair kept Nvidia as outperform, approving its Hugging Face acquisition

Morgan Stanley raised its price target on Oracle (ORCL) from $207 to $210, maintaining an Equalweight rating. The adjustment reflects a slight upward revision in the firm's valuation of the company. Oracle's stock price is currently at $154.04, up 5.69% in pre-market trading.

Oracle (ORCL) stock is down 59% from its high, but the company reports strong customer contracts and expects earnings growth. It anticipates adjusted EPS of $1.72-$1.76 for Q1, with revenue and earnings growth accelerating in the second half of fiscal 2027. Long-term, Oracle projects 31% and 28% annual revenue and earnings growth, respectively, through 2030. Analysts rate it a 'Strong Buy'.

U.S. stock futures rose slightly ahead of the August Nonfarm Payrolls report, with Nasdaq futures up 0.4%. Key companies in focus include TSLA, LULU, ORCL, NVDA, and PLTR. Economists expect 53,000 jobs added in August, with the unemployment rate forecast at 4.1%. Fed Governor Waller suggested a rate hike could be appropriate if inflation doesn't moderate. NVDA shares rose after a $12.93B deal, LULU shares fell 17% after missing estimates, and ORCL shares rose 1% after a network equipment agreeme

Oracle (ORCL) shares rose 5.7% on Thursday, with analysts forecasting 28% revenue growth to $19.13B and 29% earnings growth to $1.30 per share. The company expanded its AI infrastructure partnership with HPE, deploying Juniper networking equipment. Oracle's cloud revenue grew 47% YoY in Q4 FY2026, while its market cap has declined over 50% from its peak. HPE also reported strong Q3 earnings, raising its fiscal 2026 EPS outlook.

Oracle (ORCL) rose 5.7% on September 3, driven by Fed comments suggesting a potential pause in rate hikes. The company's heavy debt burden makes it sensitive to interest rates. Oracle's stock has fallen 55% from its peak, but revenue grew 17% and cloud infrastructure revenue increased 75% in fiscal 2026. The company's valuation has become more attractive, with a forward P/E of 17.

Oracle has begun layoffs in September, but unlike the March cuts, the process is quieter with no mass email. Employees monitor Slack for signs of job cuts, as VPs and GVPs reportedly disappear from internal systems. The company has not confirmed the layoffs, and estimates of 7,000 to 10,000 roles affected remain unverified. Managers in India have been directed to identify cost savings.

Oracle and AWS expanded their partnership, launching Oracle Exadata Database Service on AWS and adding quantum computing capabilities via a deal with Quantinuum. Oracle's stock rose 0.31% to $153.76. The service is now available in 22 AWS regions, and Oracle announced new AI applications for HR and healthcare. Oracle's next earnings report is expected on September 8, 2026, with projected EPS of $1.67 and revenue of $19.13 billion.

Amazon, Google, Microsoft, and Meta lead AI data center investments in 2026, with plans of $200B, $200B, $175B, and $137.5B respectively. Oracle spent $55.7B, while Nvidia is a key supplier. AWS, Google Cloud, and Azure show strong revenue growth, with AWS at $42.2B (up 37%) and Azure at $100B (up 41%).