🔴 Oracle is trading 3.02% down today after restructuring costs rise by $700 million

Oracle is trading at $140.42 (-3.02%) after expanding workforce reductions and raising expected fiscal 2026 restructuring costs by $700 million to approximately $2.8 billion.

• Reports say another layoff round began as Oracle funds heavy AI infrastructure spending, intensifying concerns about cash burn and execution.
• Rising Treasury yields and broader market weakness are adding pressure, but the clearest catalyst is company-specific.