Oracle shares slide 11% as AI data center capex surges to $12 billion, pushing FY26 spending to $50 billion amid slower cloud ...
Rising outlays are taking longer to translate into cloud revenue than investors want. Read more at straitstimes.com. Read more at straitstimes.com.
Oracle led tech stocks lower Thursday after the cloud computing provider's quarterly sales missed analysts' estimates.
Shares of technology companies fell after disappointing earnings from Oracle. While the business software maker's per-share earnings exceeded Wall Street expectations, investors remained concerned ...
Wall Street rose to more records even as a sell-off for Oracle and worries about a potential bubble in ...
Oracle also reported $523 billion in future contracts, up 14.94% from the $455 billion it reported in September, when it ...
The cost of insuring Oracle's debt against default has spiked following its latest earnings report, reigniting concerns about ...
The S&P 500 and the Dow boasted record closing highs on Thursday after a Federal Reserve policy update that was less hawkish ...
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Evercore, BMO analysts slash Oracle stock (ORCL) price target on Q2 revenue miss, but stay bullish
Oracle ($ORCL) stock was down 11% on Thursday, at the time of writing, as the database software provider and cloud computing ...
Just yesterday, markets celebrated the latest quarter-point cut from the Federal Reserve, which lowered rates to a range of 3 ...
The decision by Citi to lower Oracle's price target is primarily attributed to the compression of the stock's valuation. In the tech sector, where valuations can fluctuate dramatically based on market ...
ORCL slides 11% as Q2 revenues miss forecasts, cloud momentum clashes with soaring CapEx and weak software demand, leaving ...
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