Stock market news for April 13, 2026

Stock market news for April 13, 2026

Traders work on the ground on the New York Stock Exchange, April 13, 2026. Brendan McDermid | Reuters The S&P 500 rose on Monday as traders hoped {that a} deal would finally be struck between the US and Iran. The broad market index jumped 1.02% to finish at 6,886.24, the best shut since earlier than…

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Oracle pops nearly 13%, leading bounce back rally in software stocks

Oracle pops nearly 13%, leading bounce back rally in software stocks

Oracle Corporation rings the Opening Bell on the New York Stock Exchange on Feb. 3, 2026. NYSE Oracle‘s inventory emerged nearly 13% as software shares, overwhelmed down by artificial intelligence disruption fears, clawed back some year-to-date losses. Shares posted their finest day since September. Adobe jumped greater than 6%, whereas Salesforce rallied 5%. ServiceNow, HubSpotand…

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Oracle cutting thousands in latest layoff round as AI spending booms

Oracle cutting thousands in latest layoff round as AI spending booms

Oracle has began telling staff that it is cutting thousands of jobs, CNBC has confirmed, as the software program maker offers with a plummeting inventory value tied to hefty capital commitments for constructing out AI infrastructure. While Oracle’s core enterprise is on the receiving finish of market panic about aggressive threat from generative artificial intelligence…

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