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 ...
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 ...
Oracle (ORCL) stock slid in Thursday premarket trading, as investors were disappointed by the cloud software giant's current quarter guidance and increased spending forecast for 2026. In light of ...
Semiconductor stocks declined on Thursday as Oracle Corporation’s (NYSE: ORCL) latest quarterly report delivered a mixed message to Wall Street, dragging major chip names lower in early trading.
Oracle’s slump pulled the whole tech market down on Thursday. Nasdaq futures fell more than 1%, hitting a one-week low. Nvidia shares also fell about 3%, showing how worries about AI spending are ...
Bloom Energy (BE) is back in the spotlight after partner Oracle posted weaker quarterly results, rattling AI related demand expectations for data center power and knocking Bloom’s shares off their ...
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 ...
JPMorgan: Second-quarter financial results from Oracle showed the company is a key beneficiary of AI infrastructure demand, Murphy wrote. "The company again posts a material step-up in RPO, highlights ...
(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 ...
The U.S. central bank cut interest rates by a quarter-percentage point to a range of 3.5% to 3.75% on Wednesday, as widely expected, but also signaled it would likely pause further reductions in ...
OracleORCL stock tumbled Thursday on a mixed fiscal second-quarter earnings report that failed to shake off fears about the tech giant's big spending to remake itself as a cloud artificial ...
Simply sign up to the US equities myFT Digest -- delivered directly to your inbox. Wall Street’s S&P 500 set a record closing high on Thursday as gains in consumer-focused and financial companies ...