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Oracle stock falls on mixed earnings report; cloud infrastructure growth accelerates
Oracle stock fell late Wednesday after the tech giant in the center of the AI debate reported mixed fiscal Q2 results.
ORCL stock has surged 10% in the past week and now trades at $221.53, but the rally has pushed the valuation to levels that ...
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Oracle posted 34% cloud growth to $7.98 billion and 68% infrastructure growth to $4.08 billion
Oracle reported a cloud revenue result that landed below expectations, leaving investors uneasy about how long its massive AI ...
Oracle reported a $2.7 billion pre-tax gain from selling its stake in chipmaker Ampere Computing to SoftBank Group Corp., at ...
Oracle (ORCL) poised for growth as OCI fuels revenue. Learn why analysts call it a buy and how cloud transformation offers a ...
Oracle Corp. shares fell more than 10% in extended trading after the company reported a jump in spending on AI data centers ...
Live Updates Get The Best Oracle Live Earnings Coverage Like This Every Quarter Get earnings reminders, our top analysis on ...
The earnings call comes on the back of a 23% drop in Oracle’s share price last month, its worst monthly performance since ...
With a 43% rise year-to-date (YTD), Oracle stock (NYSE:ORCL) has fared much better than the broader S&P 500 index, which has gained 7%. This outperformance is partly attributed to rising demand for ...
Shares of cloud computing giant Oracle plunged more than 10% in after-hours trading on Wednesday after the company's revenues ...
This correction signals a major change in market perception. The focus has shifted from praising Oracle’s ambition to ...
Oracle shares tumbled in after-hours trading Wednesday after the cloud infrastructure giant released its quarterly results.
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