Oracle has started laying off workers as part of a plan to cut costs while investing more in artificial intelligence, according to multiple reports. The job cuts began Tuesday, with employees receiving notices that their roles were being eliminated.

This ETF is down by around 16.4% from its peak in late 2025, as of this writing. In that time, its price has fallen from around $801 per share in October to roughly $665 per share, as of market close on March 30.

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The technology sector has humbled a lot of us in recent years. Time and time again, we’ve questioned its lofty valuation and wondered how long the stocks can remain on their historic run. And again and again, tech has defied our doubts, reaching new heights.

The Tech-Heavy Nasdaq Has Fallen Sharply the Last Two Sessions Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics