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’s (ORCL) stock is down 12% after the technology giant reported mixed financial results that disappointed investors. The cloud computing and database software maker reported earnings per share ...

Oracle Corporation (NYSE: ORCL), the cloud computing giant co-founded by billionaire entrepreneur Larry Ellison, reported disappointing quarterly results despite massive spending on artificial ...

Investing.com - Oracle (NYSE:ORCL) reported second-quarter results that largely exceeded consensus estimates, according to Oppenheimer, which maintained its Perform rating on the stock. The tech giant ...

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 ...

The price target adjustment follows Oracle’s quarterly results, which KeyBanc described as "disappointing" despite promising future prospects. Oracle shares fell 11.5% in after-hours trading following ...

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 ...

(Bloomberg) -- Oracle Corp. posted disappointing cloud revenue, suggesting it will take longer than expected for the company’s recent huge AI bookings to pay off. Fiscal second-quarter cloud sales ...

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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Oracle Corporation (NYSE: ORCL), the cloud computing giant co-founded by billionaire entrepreneur Larry Ellison, reported disappointing quarterly results despite massive spending on artificial ...