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Oracle's stock fell nearly 8% after missing earnings estimates and issuing weaker guidance. Oracle's cloud services, driven by AI demand, grew 12% in the last quarter, making up 77% of revenue.
Take enterprise software giant Oracle , whose co-founder Larry Ellison has championed heavy investments in AI. Shareholders haven't rewarded those efforts; its stock declined almost 5% over the ...
Oracle stock (ORCL) fell close to 7% on Tuesday, marking the steepest daily loss of the year, after second quarter results fell short of Wall Street analyst expectations and a forecast for ...
Oracle (NYSE: ORCL) share prices have had a strong year on the back of renewed interest due to strength in its cloud infrastructure business. However, the stock was falling following its fiscal ...
Oracle's disappointing earnings report is driving the stock down while Ulta is up after its earnings beat.
Oracle stock dropped as much as 13% on Tuesday after the company's earnings fell flat compared to AI hopes.The enterprise software company reported its fiscal first quarter 2024 earnings on Monday ...
That morning, two analysts tracking Oracle stock weighed in with pre-earnings takes on the company, and both increased their price targets. Barclays' Raimo Lenschow now believes the storied tech ...
Oracle shares were recently trading at about $68 each. That’s down over 15% over the last year, with the Dow Jones down about 12%. Since the start of 2022 shares in the database software king ...