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’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 ...
Oracle’s (ORCL) stock is down 12% after the technology giant reported mixed financial results that disappointed investors. The cloud computing and database software maker reported earnings per share ...
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 ...
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 ...
The ASX 200 index closed up 0.2 per cent at 8592 points, trimming its rise to a four-week high of 8592 as disapointing results from Oracle hit US futures.
Oracle’s share price plummeted 10 percent on Wednesday after its quarterly revenue fell short of expectations. Larry Ellison’s firm, which has become a key player in the AI data center ecosystem ...
Let's turn now to some of today's top analyst calls on Wall Street. But today we're focusing in on the top trending ticker on Yahoo Finance, and that's Oracle. 00:09 Speaker A The company wiped $100 ...
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