Yesterday we highlighted Oracle’s massive $455 billion cloud backlog and the question of whether infrastructure spending ...
Most U.S. stocks are rising on Thursday, but a drop for Oracle is holding Wall Street back as investors question whether its ...
Dec 11 (Reuters) - ‌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.
However, traders are already pricing in at least 50 bps of monetary easing next year on expectations that U.S. President ...
Shares in the technology company are down as investors grow anxious that its bet on artificial intelligence, and OpenAI in ...
Oracle’s stock had already lost about a third of its value through Wednesday’s close since a record high on Sept. 10.
Oracle Corp. shares fell the most in more than 24 years after the company reported a jump in spending on AI data centers and ...
Alphabet, Amazon, Meta, and Microsoft—and, more recently, Oracle have poured money into data centres crammed full of pricey ...
Months after Oracle's $400 billion-plus contract backlog ignited a stock-market frenzy, the enthusiasm has given way to ...
Larry Ellison dropped among the ranks of the world’s richest people on Thursday, falling to No. 3 as Oracle’s stock paced its worst single-day rout in nearly a year after the cloud services firm ...
U.S. stock futures fell early Thursday despite the Federal Reserve’s 25-basis point rate cut. Software giant Oracle ($ORCL) ...