Julie Morgan

It said in part, we are sharing some difficult news regarding your position.

The email went on to say that after careful consideration of Oracle's current business needs, we have made the decision to eliminate your role as part of a broader organizational change.

As a result, today is your last working day.

Seeking Alpha analyst Justin Pirowit said the layoffs are difficult but necessary.

He said via email that while the headlines are understandably concerning, this looks to me like an efficiency-driven shift rather than a signal of weakening fundamentals.

Baidu faced disruption in China's Wuhan city on Tuesday after several Apollo Go robo-taxis stopped in the middle of a ride.

Local police said they received multiple reports of vehicles stuck in traffic and unable to move.

Authorities worked with Baidu staff to respond to the situation, which was preliminarily attributed to a system fault.

Passengers were able to exit safely and no injuries were reported.

The exact number of affected vehicles remains unclear.

Apollo Go is China's largest robo-taxi operator.

The disruption echoes a similar episode last year involving Alphabet's Waymo robo-taxis in San Francisco, which stalled during a power outage and left riders stranded.

Now for a look at a few other articles that are trending.

This first article is in line with Tuesday's top story here on Wall Street Breakfast.

UBS says gold's dismal march was likely just a pause and is upholding its bullish view to 6,200.

Constellation Energy tops S&P 500 losers after no news on power deals for data centers.

And Nike slides 9% after issuing soft guidance during its earnings call.

More on Nike in just a minute.

I have a few items on our catalyst to watch for the day.

Apple will mark its 50th anniversary since its founding by Steve Jobs, Steve Wozniak, and Ronald Wayne.