Taj Hotels owner goes global with bold expansion into Europe and the Middle East
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Why Constant Evolution Is The Answer To Cybercrime
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Yahoo
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Major Airline Announces Temporary Stop on Direct Flights From Delhi to Washington DC
Passengers looking to fly directly from Delhi, India to the U.S. Capitol will want to book a flight with an airline aside from Air India. Air India announced Aug. 11, 2025 that it would be suspending direct flights to Washington DC. Airplane Upgrade and Airspace Closure to Blame The airline "primarily" blamed an upgrade program on its fleet of 26 Boeing 787-8 jets that began in July for the delay. But Air India also pointed to the fact that Pakistan's airspace has been continually closed to Indian flights. The suspension is set to begin Sept. 1, 2025, and will likely end at the earliest by the end of 2026, according to the company's official announcement. Air India customers who have already booked direct flights to DC for after the suspension date will be offered alternative travel arrangements, which could include booking other flights or full refunds. The company's fleet of 787-8s is undergoing an upgrade program to improve the "customer experience," and "necessitates a prolonged unavailability of multiple aircraft at any given time until at least end of 2026." The Pakistan airspace closure to Indian flights is a little more complicated. More Details on the Airspace Closure The two countries have been at odds for decades, but the latest conflict began on April 22, 2025 with a terrorist attack in Pahalgam, India that killed 26. India the next day in response suspended a treaty it had signed with Pakistan and shutdown a main land border crossing between the two countries, according to The Hindu. Pakistan April 24 then closed its airspace to Indian flights, and India closed its airspace to Pakistani flights on April 30. Both countries have extended the airspace closures since then. Air India is expected to face around $600 million in extra costs because of the airspace closure, and has asked the Indian government for financial assistance while the conflict continues, according to The Independent. Related: Alaska Airlines Cuts 4 Routes in Major Shakeup Major Airline Announces Temporary Stop on Direct Flights From Delhi to Washington DC first appeared on Men's Journal on Aug 11, 2025
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Oracle Is Cutting Jobs as AI Costs Surge. How Should You Play ORCL Stock Here?
Oracle (ORCL) is implementing strategic layoffs within its Oracle Cloud Infrastructure (OCI) division as the company reallocates resources to capitalize on the artificial intelligence (AI) boom, joining its fellow tech giants grappling with AI's escalating costs. The job cuts, affecting hundreds of positions primarily in India and the United States, target the Enterprise Engineering division, Fusion ERP teams, and data center operations staff. However, this isn't a retreat from cloud computing as Oracle is simultaneously hiring new talent with AI-specific skills to support its growing focus on machine learning infrastructure. More News from Barchart Why This Cannabis Penny Stock Could Be Wall Street's Next Meme Trade Breakout Apple Stock Is Gaining Momentum, Is AAPL Stock a Buy? Peter Thiel-Backed Bullish Is About to IPO. Should You Buy BLSH Stock? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! The restructuring reflects Oracle's aggressive pursuit of AI market share against Amazon Web Services (AMZN), Microsoft Azure (MSFT), and Google Cloud (GOOGL). Its $30 billion annual agreement with OpenAI demonstrates a commitment to AI infrastructure, requiring massive capital reallocation to build specialized data centers and computing systems. Is Oracle a Good Stock to Buy Right Now? Oracle delivered exceptional fiscal fourth-quarter results that showcased the company's transformation into an AI-powered cloud infrastructure powerhouse, with management providing aggressive growth guidance that defied industry trends. Cloud infrastructure revenue surged 52% to $3 billion, while total cloud revenue jumped 27% to $6.7 billion. More impressively, CEO Safra Catz guided for over 70% cloud infrastructure growth in fiscal 2026, up from 51% in fiscal 2025. Oracle's remaining performance obligations (RPO) now stand at $138 billion, up 41% year-over-year, with over 100% RPO growth expected next year. Oracle's unique position stems from its AI-centric database technology, Oracle 23 AI, which enables enterprises to use AI models on their proprietary data while maintaining security. "We have most of the world's valuable data," declared Chairman Larry Ellison, emphasizing that Oracle is "the key enabler for enterprises to use their own data and AI models." Oracle faces unprecedented demand that "dramatically outstrips supply," forcing it to schedule customers into future delivery slots. Recent contracts include deals where customers requested "all the capacity you have wherever it is," highlighting the astronomical demand environment. The company plans to increase capital expenditures to over $25 billion in fiscal 2026 from $21.2 billion, primarily for revenue-generating data center equipment. Management expects this may be understated given current demand levels. Oracle's database-as-a-service offerings across Microsoft Azure, Google Cloud, and AWS are driving rapid cloud migration. The multi-cloud approach provides customer flexibility while maintaining Oracle's database dominance as enterprises modernize their infrastructure for AI workloads. With total revenue guidance raised to over $67 billion (up 16%) for fiscal 2026 and confidence in exceeding fiscal 2029 targets, Oracle appears well-positioned to capitalize on the AI infrastructure buildout cycle. What is the ORCL Stock Price Target? Analysts tracking ORCL stock forecast revenue to rise from $57.4 billion in fiscal 2025 (which ended in May) to $122 billion in fiscal 2030. Comparatively, adjusted earnings are forecast to expand from $6.03 per share to $14.51 per share in this period. ORCL stock has returned over 350% to shareholders in the last five years. Today, it is priced at 36x forward earnings, above the 10-year average of 17x. Even if priced at 30x earnings, then it should trade around $435 in three years, indicating an upside potential of almost 80%. Out of the 36 analysts covering ORCL stock, 25 recommend 'Strong Buy,' one recommends 'Moderate Buy,' and 10 recommend 'Hold.' The average target price for ORCL stock is $248, marginally above the current price of $244. On the date of publication, Aditya Raghunath did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
