Quarterly revenue grew 14% year on year, but shares are down 11-12% following bad news The company is anticipating spending $15 billion more, largely due to AI Meta, Nvidia, and OpenAI are all major ...
Rishi Jaluria, RBC Capital Markets Analyst, joins 'Closing Bell Overtime' to talk Oracle quarterly results. What happened with the 14th Amendment? Hochul calls for action after 'timeout' boxes found ...
Oracle’s stock dropped 11% as its outlays on data centers jumped and its sales fell short of expectations, a possible sign of further AI investment concerns. The software giant’s value shot up in ...
(Bloomberg/Brody Ford and Ian King) — Oracle Corp. shares fell the most in more than 24 years after the company reported a jump in spending on AI data centers and other equipment, rising outlays that ...
Dec 11 : Shares in Oracle opened almost 12 per cent lower in Frankfurt, tracking U.S. afterhour losses after the company forecast sales and profit that missed analyst estimates. Oracle said spending ...
Despite exceeding earnings expectations, Broadcom AVGO and Oracle ORCL stock have now fallen more than 15% since their much-anticipated quarterly results last week. The selloff comes as investors have ...
Oracle shares drop after dour forecast, higher capex AI-related stocks including Nvidia fall At least 13 brokerages slash PT on stock following results Dec 11 (Reuters) - Oracle (ORCL.N), opens new ...
Oracle stock fell 11% today, as investors fret over how much the company is spending to build out AI data centers for OpenAI and others. Oracle Chairman Larry Ellison, whose roughly 40% stake has made ...
Seeking Alpha analysts turned bullish on Oracle Corporation (ORCL) this week as the database software maker posted its worst weekly performance in more than seven years on Friday after its fiscal Q2 ...
Risk assets are under pressure Thursday despite the Fed's rate cut, with Oracle's earnings miss piling on alongside the central bank's hawkish guidance. Bitcoin BTC $89,690.63, the leading ...
Oracle's stock experienced a significant drop after reporting quarterly results that missed revenue expectations, largely due to substantial spending on data centers for AI customers like OpenAI. The ...