Key Points GitLab stock fell in February as investors reduced exposure to software companies in response to AI-disruption concerns. The company's share price has kept moving lower in March amid big market swings connected to geopolitical and macroeconomic outlooks. 10 stocks we like better than GitLab › GitLab (NASDAQ: GTLB) stock got hit with a precipitous sell-off in February. The company's shar...
Key Points GitLab stock fell in February as investors reduced exposure to software companies in response to AI-disruption concerns. The company's share price has kept moving lower in March amid big market swings connected to geopolitical and macroeconomic outlooks. 10 stocks we like better than GitLab › GitLab (NASDAQ: GTLB) stock got hit with a precipitous sell-off in February. The company's share price sank 24.8% in the period's trading. The S&P 500 declined 0.9% over the stretch, and the Nasdaq Composite's level fell by 3.4%. There wasn't any major business-specific news that pushed GitLab's valuation lower last month, but the stock fell in conjunction with a broader-market pivot away from software stocks. Some hotter-than-anticipated inflation data at the end of the month also dragged the company's share price lower. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » GitLab stock sank amid bearish software pivot and macro concerns Bearish pressure for software stocks mounted in February as investors reacted to the possibility that advances in artificial-intelligence (AI) technologies could render many existing business models obsolete. Amid the more cautious outlook for software stocks, multiple investment firms lowered their one-year price target for GitLab. GitLab stock also saw a pullback at the end of the month after the Bureau of Labor Statistics (BLS) published its producer-price-index (PPI) report for January. While economists had forecasted inflation of 0.3% for the period, the price index data actually wound up showing a 0.8% increase for the period. Why GitLab stock has kept falling in March GitLab published its fourth quarter results after the market closed on March 3 and posted sales and earnings that beat Wall Street's targets. The company reported a non-GAAP (adjusted) profit of $0....
The $400 billion enterprise software and cloud infrastructure giant Oracle is in the hot seat with a fiscal third quarter earnings drop on Tuesday amid a spotlight on its heavy borrowing and negative free cash flow. To set the scene, at the top line analysts are expecting about 20% growth in quarterly revenues to roughly $17 billion, right in line with Oracle’s guidance of 19% to 21% growth from t...
The $400 billion enterprise software and cloud infrastructure giant Oracle is in the hot seat with a fiscal third quarter earnings drop on Tuesday amid a spotlight on its heavy borrowing and negative free cash flow. To set the scene, at the top line analysts are expecting about 20% growth in quarterly revenues to roughly $17 billion, right in line with Oracle’s guidance of 19% to 21% growth from the prior year. Earnings per share, excluding certain items, are expected to be up about 16% to $1.71. But under the hood? There’s a lot more going on and those issues wiggling around have helped send its stock down about 20% so far in 2026. How Oracle’s stock fares after it reports results on Tuesday will depend largely on which storyline Wall Street chooses to focus on. First up, job cuts. Last quarter, Oracle disclosed a 2026 restructuring plan that it expected would cost the company up to $1.6 billion primarily due to “employee severance costs.” Of that $1.6 billion, Oracle has recognized about $826 million in charges against the plan—that means Oracle still had about $788 million to go. Bloomberg reported last week that Oracle was eying layoffs in the thousands to rebalance its workforce and to lean further in on its shift from an enterprise software licensing company into a cloud infrastructure provider that competes with Microsoft and Amazon. Meanwhile, Oracle has also turned to bonds to raise capital like the other hyperscalers, finishing its most recent full fiscal year with $92.6 billion in total debt outstanding. In the first half of its current fiscal year, the figure ratcheted up to $108.1 billion following a massive September 2025 issuance of $18 billion in notes with maturities ranging from 2030 to 2065. Oracle has also disclosed a further $248 billion in future data center lease obligations not yet on its balance sheet that it is hoping will translate into customer demand and rising revenues. Last quarter, co-CEO Clay Magouyrk sought to reassure investors abo...
Oracle is under pressure from more than $100 billion in debt and massive layoffs as it pushes ahead with Larry Ellison’s 3-step transformation Yahoo Finance
Oracle is under pressure from more than $100 billion in debt and massive layoffs as it pushes ahead with Larry Ellison’s 3-step transformation Yahoo Finance
A proposed ban on social media for under-16s has been rejected by MPs. Parliamentarians voted 307 to 173, majority 134, against the proposed change to the children’s wellbeing and schools bill, which was brought forward by Conservative peer and former minister John Nash. The age limit had been backed by peers earlier this year after growing calls from campaigners including the actor Hugh Grant. Ho...
A proposed ban on social media for under-16s has been rejected by MPs. Parliamentarians voted 307 to 173, majority 134, against the proposed change to the children’s wellbeing and schools bill, which was brought forward by Conservative peer and former minister John Nash. The age limit had been backed by peers earlier this year after growing calls from campaigners including the actor Hugh Grant. However, a ban could still materialise in the future after the Commons supported a government attempt to give additional powers to the secretary of state. Supporters of the ban said parents are in “an impossible position” over the online harms their children are being exposed to but others, including the NSPCC, warned such legislation could drive teenagers into unregulated corners of the internet. In January, Australia introduced the world’s first social media ban for under-16s. Under the amendment in lieu, the science secretary, Liz Kendall, could “restrict or ban children of certain ages from accessing social media services and chatbots”. She could also limit children’s VPN use, restrict access to addictive features and change the age of digital consent in the UK, education minister Olivia Bailey told MPs. Lord Nash described the Commons’ vote as “deeply disappointing” and pledged to do “all that we can” to revive the amendment in the upper chamber. Bailey said: “Many parents and campaign groups have called for an outright ban on social media for under-16s. “Others, including children’s charities, have warned that a blanket ban could drive children towards less regulated corners of the internet or leave teenagers unprepared when they do come online.” She added: “That is why, last week, the government launched a consultation to seek views to help shape our next steps and ensure children can grow up with a safer, healthier and more enriching relationship with the online world.” The consultation will look at whether social media platforms should come with a minimum age require...
From Redcoats To Robots: AI Is Challenging Our Republic's Future Authored by Jonathan Turley, This week, thousands of workers are receiving pink slips. They are not being let go due to inflation or outsourcing to foreign countries. To the contrary, they are being fired because booming sectors of the economy no longer need them. Indeed, it is an economy that may need fewer and fewer humans. Amazon ...
From Redcoats To Robots: AI Is Challenging Our Republic's Future Authored by Jonathan Turley, This week, thousands of workers are receiving pink slips. They are not being let go due to inflation or outsourcing to foreign countries. To the contrary, they are being fired because booming sectors of the economy no longer need them. Indeed, it is an economy that may need fewer and fewer humans. Amazon this week announced further job cuts due to robotics and AI. Recently, Jack Dorsey, the co-founder of Twitter, announced that his company Block would be laying off 40 percent of its employees. He cited AI as reducing the need for human employees. In my book, “ Rage and the Republic: The Unfinished Story of the American Revolution, ” I discuss not just the economic changes unfolding due to AI and robotics but also the political implications of those changes for the American republic. These economic changes are unfolding all around us. We are looking at one of the greatest job losses in history. In a free-market system, such technological changes tend to offset losses with new jobs in emerging industries. And there will be such growth with the AI and robotic revolutions. But it is also likely that we are looking at a static class of unemployed and practically unemployable citizens as this new revolution unfolds. “Low-skill jobs are the most likely to be replaced by a robotic workforce,” I write in the book. “Amazon warehouses are now entirely mechanized with twelve different types of over seven thousand robots moving rapidly to collect and direct goods where hundreds of people were once employed.” But what is most notable about the Amazon announcement is that these were white-collar jobs. The impact of AI is not confined to factory workers and truck drivers. The danger is that politicians will react predictably and try to subsidize jobs that are no longer viable and industries that are being dramatically downsized. At the same time, they are likely to expand model programs in...