Capital Flow

Oracle Discloses About 13% Reduction in Fiscal Year-End Headcount as AI Adoption and Business Restructuring Move in Tandem

Three sources confirm that Oracle’s total headcount fell by about 13% in its latest fiscal year, equivalent to roughly 21,000 employees. The sources consistently tie the disclosure to the company’s annual report and business restructuring, with AI adoption cited as a contributing factor; one source adds year-over-year employee count data as of May 31, 2026, while another mentions management and product changes, performance issues, strategic shifts, and acquisitions. No directly verifiable quantitative information was provided on valuation, P/E, or broader financial impact.

Jun 27, 2026

Chinese Solar Firms Speed Up Entry into Energy Storage: Solar-Storage Integration Competes for Demand as CATL Bets on Storage as a Growth Engine

Based on three sources, Chinese solar companies are entering the battery and energy storage market dominated by CATL and BYD, and appear to be competing through integrated solar-plus-storage solutions. CATL has also publicly said energy storage will become an important growth driver for its business. In addition, U.S. market data show that solar-plus-storage accounts for a very large share of new power capacity additions. However, the specific expansion scale of leading Chinese solar firms, the detailed strategies of individual companies, and the direct business catalyst behind the “accelerated entry” cannot be fully confirmed from the given sources, and some details are not mentioned in the sources.

Jun 11, 2026

City Therapeutics Closes Approximately $99.5 Million Series B Financing to Advance RNAi Platform and Clinical Pipeline

City Therapeutics completed an approximately $99.5 million Series B financing in June 2026. Three sources consistently confirm that the amount was close to or equal to $99.5 million, with proceeds focused on advancing the RNAi engineering platform, clinical pipeline, and clinical development. There are some differences among the sources regarding the investor list and the level of detail on specific programs; any other undisclosed information is marked as “not mentioned by the source” or “cannot be confirmed from the given sources.”

Jun 10, 2026

Broadcom Shares Fall After Earnings: Unchanged AI Chip Guidance Sparks Market Split

After Broadcom released its fiscal 2026 second-quarter earnings, the company posted strong revenue and profit results, but its AI chip sales guidance and full-year AI revenue target did not materially exceed some market expectations, sending the stock sharply lower in after-hours or post-earnings trading. Three sources jointly confirm revenue of $22.19 billion and a share-price drop of about 12.6%, though they differ on the main reason for the decline; some details, such as the specific impact from the software business and the timing of long-term AI demand realization, cannot be confirmed from the provided sources.

Jun 7, 2026

Oman opens technical bids for 1GW/4-hour energy storage consultancy tender: 13 international firms submit technical proposals

Oman’s Public Services Regulatory Authority (APSR) has launched a consultancy tender for a planned 1,000MW, four-hour battery energy storage system (BESS) project and has completed the opening of technical bids, receiving submissions from 13 international companies. The three sources are aligned on the core facts — project scale, four-hour duration, technical bid opening, and 13 participating bidders — with differences only in certain wording and timing details.

Jun 4, 2026