Despite exceeding earnings expectations, Broadcom AVGO and Oracle ORCL stock have now fallen more than 15% since their much-anticipated quarterly results last week. The selloff comes as investors have ...
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 ...
Trading in Oracle Corporation (NYSE: ORCL) is volatile on Friday. This follows yesterday's drop of almost 11%. The selling was triggered by a disappointing earnings report. • Oracle stock is among ...
Oracle shares drop after dour forecast, higher capex AI-related stocks including Nvidia fall At least 13 brokerages slash PT on stock following results Dec 11 (Reuters) - Oracle (ORCL.N), opens new ...
[NEW YORK] Oracle shares fell the most in more than 24 years after the company reported a jump in spending on AI data centres and other equipment, rising outlays that are taking longer to translate ...
(Bloomberg/Brody Ford and Ian King) — Oracle Corp. shares fell the most in more than 24 years after the company reported a jump in spending on AI data centers and other equipment, rising outlays that ...
NEW YORK (AP) — Most U.S. stocks are rising on Thursday, but a drop for Oracle is holding Wall Street back as investors question whether its big spending on artificial-intelligence technology will pay ...
Risk assets are under pressure Thursday despite the Fed's rate cut, with Oracle's earnings miss piling on alongside the central bank's hawkish guidance. Bitcoin BTC $93,601.76, the leading ...
Oracle (ORCL) stock fell nearly 11% Thursday after the tech firm's quarterly AI costs rose ahead of Wall Street's expectations and revenue fell short. Oracle reported capital expenditures of $12 ...
Dec 11 (Reuters) - Oracle shares sank 13% on Thursday, sparking a tech selloff as the company's massive spending and weak forecasts fanned doubts over how quickly the big bets on AI will pay off. The ...
Q2 Highlights: Oracle reported second-quarter revenue of $16.06 billion, missing analyst estimates of $16.21 billion. The software giant said adjusted earnings grew 54% year-over-year to $2.26 per ...