Dec 11 (Reuters) - Oracle shares sank 13% on Thursday, sparking a tech selloff as the company's massive spending and weak forecasts fanned doubts over how quickly the big bets on AI will pay off.
Oracle recognized the AI land grab accelerating in real time: a market rocketing from $80–100 billion today to $350–650 ...
Shares of database and cloud company Oracle (NYSE: ORCL) fell 12% in the month of September, according to data from S&P Global Market Intelligence. Oracle released its fiscal first-quarter earnings ...
While Oracle topped Wall Street's earnings expectations, it fell short of revenue targets, and its surging capital expenditures are making shareholders uneasy. Broadcom added to the market's anxiety ...
Oracle stock closed up almost 12% on Tuesday, hitting a record of $127.54, after the company reported fiscal third-quarter earnings that beat analysts' expectations. Stream NBC 5 for free, 24/7, ...
Mar Vista Investment Partners, LLC, an investment management company, released its “Mar Vista U.S. Quality Strategy” ...
Oracle beat earnings expectations in fiscal Q2, but sales came in weaker than anticipated. Growth for Oracle's cloud business looks underwhelming. Soft growth for cloud services threatens the ...
Oracle (Nasdaq: ORCL) shares were trading for roughly $207 per share before the company’s earnings call, but selling accelerated during the call, and shares are now trading for about $194. A few notes ...
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