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 ...
Oracle (ORCL) stock slid in Thursday premarket trading, as investors were disappointed by the cloud software giant's current quarter guidance and increased spending forecast for 2026. In light of ...
JPMorgan: Second-quarter financial results from Oracle showed the company is a key beneficiary of AI infrastructure demand, Murphy wrote. "The company again posts a material step-up in RPO, highlights ...
Weaker-than-forecast quarterly data for Larry Ellison’s tech company shows slowdown in revenue growth and big rise in spending Business live – latest updates Oracle’s shares tumbled 15% on Thursday in ...
(Bloomberg) -- Oracle Corp. posted disappointing cloud revenue, suggesting it will take longer than expected for the company’s recent huge AI bookings to pay off. Fiscal second-quarter cloud sales ...
Oracle’s slump pulled the whole tech market down on Thursday. Nasdaq futures fell more than 1%, hitting a one-week low. Nvidia shares also fell about 3%, showing how worries about AI spending are ...
Bitcoin fell as downbeat results from Oracle revived concerns about an artificial intelligence bubble. The cloud computing company reported disappointing quarterly revenue and raised its spending ...
Simply sign up to the US equities myFT Digest -- delivered directly to your inbox. Wall Street’s S&P 500 set a record closing high on Thursday as gains in consumer-focused and financial companies ...
Bloom Energy (BE) is back in the spotlight after partner Oracle posted weaker quarterly results, rattling AI related demand expectations for data center power and knocking Bloom’s shares off their ...
U.S. stocks traded mixed this morning, with the Dow Jones index gaining more than 200 points on Thursday. Following the market opening Thursday, the Dow traded up 0.45% to 48,273.18 while the NASDAQ ...
OracleORCL stock tumbled Thursday on a mixed fiscal second-quarter earnings report that failed to shake off fears about the tech giant's big spending to remake itself as a cloud artificial ...
Indian markets saw a mixed close Thursday. The Dow and S&P 500 hit record highs, buoyed by the Federal Reserve's latest rate cut and a less hawkish stance. However, the Nasdaq dipped, weighed down by ...
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