Oracle stock crash exposes fragile AI cloud profits and sparks fears of an AI market bubble and crypto fallout.
Oracle shares dropped almost 7%, their steepest decline in a year, following the database software vendor's disappointing earnings report. The stock's worst day of 2024 had been a 5.4% decline in May.
Oracle ORCL released its fiscal first-quarter earnings report on Sept. 11 after the close of trading, and investors responded by pushing its stock down by a double-digit percentage. Here’s Morningstar ...
Where will Oracle's stock head over the next two years? Oracle already grew at a steady rate over the past five years, but ...
Oracle shares had their steepest drop in a year on Tuesday following the company's disappointing earnings report. Oracle also issued a weaker-than-expected forecast. The stock is still up about 69% in ...
Fueled by a rise in license updates and product support revenue, Oracle's earnings Wednesday exceeded analysts' forecasts, even though its sales declined for the sixth consecutive quarter. The ...
Oracle Corp. fell the most in three months after reporting cloud-computing sales that missed some analysts’ estimates, a setback in the company’s effort to remake itself around internet-based products ...
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