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Oracle Lays Off Thousands, Ramps Up AI Spending

American tech firm Oracle is letting go of thousands of its employees as the company ramps up its investment in AI to compete with other Big Tech companies like Amazon and Alphabet in the cloud computing segment. Writing on LinkedIn, Michael Shepherd, one of the senior managers at the company, revealed that architects, senior engineers, … Continue reading “Oracle Lays Off Thousands, Ramps Up AI Spending”

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TrillionDollarBreaks – Walmart Inc. (NASDAQ: WMT) Joins Trillion Dollar Club as Tech-Driven Strategy Lifts Valuation 

Walmart Inc. (NASDAQ: WMT) crossed the $1 trillion market capitalization threshold for the first time ever on Tuesday, as a rally in its shares pushed the stock to record levels and placed the world’s largest retailer among a small group of global trillion-dollar companies. Walmart shares traded around $126 in late-morning trading on Feb. 3, rising more than 1.7% … Continue reading “TrillionDollarBreaks – Walmart Inc. (NASDAQ: WMT) Joins Trillion Dollar Club as Tech-Driven Strategy Lifts Valuation “

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