While the cloud giant beat earnings per share and sales growth forecasts, its revenue numbers came in lower than expected.
Oracle flagged new business from Meta and Nvidia in reporting a 438% increase in remaining performance obligations.
With relatively tepid growth, rising debt, an increasing cash burn rate, soaring capex and reliance on money-losing OpenAI, ...
Oracle Corp. shares fell the most in more than 24 years after the company reported a jump in spending on AI data centers and ...
Oracle Corporation is massively profitable, which limits risks for investors who are concerned about CapEx growth. Learn more ...
Shares in Oracle opened almost 12% lower ‍in Frankfurt, tracking U.S. afterhour losses after the company forecast sales and ...
Oracle has raised concerns on Wall Street due to its debt-led expansion for AI infrastructure, and its over-dependence on ...
Oracle shares dropped 11% in premarket trading on Thursday, extending the previous session’s losses after the company reported quarterly results that underscored both the promise and the pressure of ...
Investing.com - Shares in Oracle fell in afterhours trading Wednesday after the computing group reported fiscal second-quarter revenue that missed expectations amid weakness in its software business.
Did people complain – and by people, we mean Wall Street – as the world’s largest bookseller invested huge amounts of money ...
Alphabet, Amazon, Meta and Microsoft—and, more recently, Oracle have poured money into data centres crammed full of pricey AI ...