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Oracle Cuts 21,000 Jobs as Workforce Falls to 141,000, AI-Driven Restructuring Trims 13% of Staff
Oracle’s workforce dropped to 141,000 employees in fiscal 2026 after the company reduced its headcount by about 21,000 workers, a decline of roughly 13%. The move comes as Oracle accelerates its investment in artificial intelligence, cloud services, and large-scale data centers. Announced in June 2026, the restructuring reflects a growing trend across the tech industry,…
Birla Corporation (NSE: BIRLACORPN ) Shares Jump 4% After Commercial Operations Begin at Bikram Coal Mine
Birla Corporation (NSE: BIRLACORPN) delivered a sharp 4% stock gain after officially commencing coal mining at its Bikram Coal Mine in Burhar, Shahdol, Madhya Pradesh on April 23, 2026, at 12:32 PM IST. The disclosure was filed under SEBI Regulation 30. The mine holds 9.44 million tonnes of extractable G8-grade thermal coal reserves, with a…
Tech Stocks Decline: Infosys Drops 2.75%, TCS, Wipro, HCL Tech & Mphasis Fall Up to 1.06% Amid Global Tech Selloff
The Indian IT sector witnessed broad-based selling pressure as Tech Stocks moved lower in line with weakness across global technology markets. Investor sentiment turned cautious after a sharp decline in major international technology shares, leading to profit booking in frontline Indian IT companies. Large-cap and mid-cap technology counters remained under pressure throughout the trading session,…
Bajaj Auto Ltd (NSE: BAJAJ-AUTO) Stock Live Updates: Shares Trade at ₹10,214, Up 0.23% Amid Active Market Momentum
Bajaj Auto Ltd shares remained in focus on June 23, 2026, trading at ₹10,214 and posting a modest gain of 0.23% during the session. The stock has attracted strong investor attention as the company moves ahead with its record ₹5,633 crore share buyback, one of the largest corporate actions in India’s auto sector. Combined with…
Vedanta Ltd (NSE: VEDL) Falls 6.67% to ₹285.45 as Promoter Twin Star May Sell ₹2,150 Crore Stake
Vedanta shares took a sharp hit on June 23, 2026, tumbling 6.67% to ₹285.45 on the NSE in early trade. Promoter entity Twin Star Holdings, which held a 40.02% stake in Vedanta as of March 2026, initiated a block deal to offload up to 6.5 crore shares at a floor price of ₹291 per share,…
Voltas Ltd (NSE: VOLTAS) Falls 1.87% to ₹1,328.70 as Company Sells 1 Million AC Units in Q1 FY27
Voltas achieved a major milestone in the first quarter of FY27, selling more than 1 million air conditioners in record time. The announcement came in June 2026, highlighting strong demand for cooling products across India despite a competitive market. Yet, the company’s share price slipped 1.87% to ₹1,328.70, raising questions among investors. Why did the…
Power Plate Meals Recall: What Prompted the Removal of Nearly 6,000 Pounds of Frozen Meals?
Consumers across parts of the Upper Midwest are being urged to check their freezers after Power Plate Meals, LLC announced a major recall involving nearly 5,795 pounds of frozen meatloaf meals. The recall was announced by the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) after officials found a labeling issue that could…
Robinhood (NASDAQ: HOOD) Shares Slide 4% After Unveiling $2 Billion Convertible Notes Offering Due 2029
Robinhood shares dropped roughly 4% on June 22, 2026, after the company announced a major capital raise before market open. Robinhood Markets, Inc. (NASDAQ: HOOD) intends to offer $2.0 billion in convertible senior notes due 2029 in a private placement to qualified institutional buyers under Rule 144A. Shares traded at $108.15 on June 22, within…
Wall Street Rally in Focus as S&P 500 Hits 7,500.58 Ahead of Micron Results and PCE Report
The S&P 500 heads into the week of June 22, 2026, with real momentum and real data risk in equal measure. The S&P 500 closed at 7,500.58 on June 18, 2026, with the next data release date set for June 22. Despite the Fed striking a more hawkish tone last week, US equities posted gains,…