Oracle missed a slew of Wall Street estimates for sales, operating profit and future cloud-computing contract growth, a sign ...
Oracle forecast sales and profit that missed analyst estimates on Wednesday, while saying that spending would rise by $15 ...
Oracle shares slumped 15.6% on Thursday, dragging other technology stocks, as concerns mounted about the company's massive AI ...
Oracle Corp. shares fell the most in more than 24 years after the company reported a jump in spending on AI data centers and ...
The OCI segment, which caters to major AI technology developers, has been a bright spot for Oracle, with rising demand from clients such as OpenAI. However, the market's reaction suggests a growing ...
ORACLE forecast sales and profit that missed analyst estimates on Wednesday, while saying that spending would rise by $15 billion compared with earlier estimates ― a sign that big capital outlays to ...
Oracle stock fell as much as 15% Thursday after the tech firm's quarterly AI costs rose ahead of Wall Street's expectations ...
The software giant’s latest results is adding fuel to concerns over its ability to capitalize on the AI industry’s ravenous ...
Investors want to see Oracle turn its higher spending on infrastructure into revenue as quickly as it has promised. Capital ...
Oracle shares sank 13% on Thursday, sparking a tech selloff as the company's massive spending and weak forecasts fanned ...
Oracle’s stock had already lost about a third of its value through Wednesday’s close since a record high on Sept. 10.