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 ...
More news: Shares in Oracle continued to slide in premarket US trading on Thursday, slipping almost 11% by 5:30am ET (9:30pm AEDT) after the firm missed Q2 earnings expectations. The cloud computing ...
Oracle (ORCL) was in focus on Thursday as Wall Street firms defended the IT giant after it reported mixed results, and said the growth from artificial intelligence will be surprising in the years to ...
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 ...
On Wednesday, Oracle announced revenue and profit forecasts that fell short of analysts’ expectations. At the same time, the company announced it would increase spending by $15 billion (€12.8 billion) ...
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SoftBank Group shares fell after Oracle's quarterly results rekindled concerns about how soon investments in artificial intelligence will turn into profits. Shares were recently 5.1% lower at 17,715 ...
Oracle stock drops 11% after revenue miss despite strong cloud growth and an earnings beat. Heavy cloud spending and rising debt raise profitability and credit-risk concerns. A $523 billion backlog ...
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 ...
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 ...
Oracle (ORCL) shares fell 7% in extended trading on Wednesday as the IT giant continued to rack up deals, but its fiscal second-quarter results were mixed compared to Wall Street's forecast. For the ...
• Oracle Corporation shares fell 5.5% to $210.71 after Q2 FY2026 results announcement. • Revenue increased 14% to $16.1 billion, but EPS missed expectations at $2.10 versus $2.48. • Analysts maintain ...