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.
Oracle missed its top line, delivering $16.06 billion when Wall Street had projected $16.21 billion for the quarter. It did, ...
Oracle Corporation is massively profitable, which limits risks for investors who are concerned about CapEx growth. Learn more ...
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 ...
Shares in tech companies ranging from Nvidia to Meta Platforms are down on Thursday amid growing concerns around AI-fueled ...
Shares in Oracle opened almost 12% lower ‍in Frankfurt, tracking U.S. afterhour losses after the company forecast sales and ...
Three months after Larry Ellison briefly became the world’s richest person, a historic slide in Oracle Corp. shares sent his ...
Oracle’s stock’s peak price was largely driven by the remaining performance obligations from Q1, which increased further to ...
Did people complain – and by people, we mean Wall Street – as the world’s largest bookseller invested huge amounts of money ...