Oracle forecast sales and profit that missed analyst estimates on Wednesday, while saying that spending would rise by $15 ...
Oracle missed a slew of Wall Street estimates for sales, operating profit and future cloud-computing contract growth, a sign ...
Oracle’s (ORCL) stock is down 12% after the technology giant reported mixed financial results that disappointed investors.
[NEW YORK] Oracle shares fell the most in more than 24 years after the company reported a jump in spending on AI data centres ...
The software giant’s latest results is adding fuel to concerns over its ability to capitalize on the AI industry’s ravenous ...
Oracle shares fell 15.6% as concerns rose over its massive AI investments and unclear returns, resulting in a potential $93 ...
Oracle Corp. shares fell more than 10% in extended trading after the company reported a jump in spending on AI data centers ...
Despite a clear drive for AI innovation, investors clearly weren't happy with Oracle's higher-than-anticipated AI spend, with ...
On Thursday, global stock markets were rattled by Oracle's warning regarding AI profitability. Despite the Federal Reserve's ...
Shares in Oracle opened almost 12% lower in Frankfurt, tracking U.S. afterhour losses after the company forecast sales and profit that missed analyst estimates.
Oracle Chief Executive Officer Larry Ellison unveiled a high-end server with more memory Sunday evening, and the tech company updated its flagship database to compete against SAP in meeting businesses ...
More than 80% of enterprises use a combination of Microsoft and Oracle to run their business. As organizations look to move those computing workloads out of their own data centers and into the cloud, ...
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