Robinhood $HOOD is cutting 10% of its full-time workforce to stay lean and speed up product execution.
The company says the move comes despite strong momentum, including record year-to-date trading volumes. It expects about $28 million in Q2 restructuring charges.
Oracle $ORCL numbers were fine but once again...street's having a hard time adjusting to this much equity/debt being raised:
- $40B of NEW debt/equity for FY 27
- Raising capex from $70B to $90B
Now, RPO was a massive increase from 553B to $638B, guidance was raised, they beat on Revenue/EPS, but it just feels like the market is tired of this much capital being raised for datacenters...even though all the growth is coming from the datacenter business.
$ORCL -6.2%
Watching $URA for a FAKE BREAKDOWN (Trendline break + reclaim) on Uranium ETF. Its finally time...
Uranium longs have a good fundamental thesis but have gotten SPANKED by bad price action. Now that many are bagged it can finally go