Oracle Stock Climbs After Quantum Partnership, Layoffs Report | EN590 Commodities

Energy Markets 2026-08-12T19:23:26+00:00

Oracle (ORCL) stock climbed Wednesday, adding to a strong start to August for the tech giant's beaten-down shares. Oracle announced a multiyear partnership with Quantinuum (QNT) aimed at bringing quantum computing power to Oracle's cloud platform. Elsewhere, Business Insider reported late Tuesday that Oracle is considering another round of layoffs that could reach "double-digit percentages" for some teams, citing an… Copyright ©2026 Investor's Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8

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