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 ...
Shares of Oracle Corp. dropped more than 10% in extended trading today after the cloud and database giant missed expectations on quarterly revenue while going full-steam ahead on its ongoing ...
Oracle's cloud revenue growth may be cooling Oracle's adjusted profit boosted by $2.7 billion Ampere sale Oracle's future contracts rise 14.94% to $523 billion Shares fall 10% in extended trading Dec ...
Three months ago, Oracle Corp.’s scorching earnings outlook sent the shares soaring to their best day in three decades. But a quarter later, things look very different for the database software maker ...
Dec 10 (Reuters) - 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 ...
The artificial intelligence cloud provider released a blowout earnings report back in September that noted huge new demand for its AI cloud business. But not long after, Oracle's stock retreated as ...
Oracle Corp (NYSE:ORCL) is expanding its enterprise AI and supply chain solutions, partnering with Microsoft Corp (NASDAQ:MSFT) and launching new AI agents and a marketplace to streamline workflows ...
Oracle Corp. today announced plans to build new artificial intelligence clusters powered by rivals Nvidia Corp. and Advanced Micro Devices Inc. chips. The first cluster, the OCI Zettascale10, will be ...
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