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'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 ...
Trading in Oracle Corporation (NYSE: ORCL) is volatile on Friday. This follows yesterday's drop of almost 11%. The selling was triggered by a disappointing earnings report. • Oracle stock is among ...
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 ...
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 ...
[NEW YORK] Oracle shares fell the most in more than 24 years after the company reported a jump in spending on AI data centres and other equipment, rising outlays that are taking longer to translate ...
(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 ...
NEW YORK (AP) — Most U.S. stocks are rising on Thursday, but a drop for Oracle is holding Wall Street back as investors question whether its big spending on artificial-intelligence technology will pay ...