While Oracle bulls get excited by the company's enormous cloud computing backlog, bears worry about the spending needed to build out capacity and the return it will get on these infrastructure ...
On June 11, Scotiabank lowered its price recommendation on Oracle Corporation (NYSE:ORCL) to $241 from $290. It reiterated an Outperform rating on the shares. The firm said it continues to like Oracle ...
Oracle Corporation (ORCL) investors are likely concerned about yesterday's nearly 10% decline in the stock. Oracle stock recovered significantly from April but hit a stumbling block this month, as it ...
Oracle is getting a reminder that spending big on AI sometimes comes with a cost. The software and cloud-computing company’s shares are down 11% in early trading, on pace to erase the stock’s gains ...
Oracle shares are in decline Thursday premarket after the software and cloud-computing company reported a more than twofold increase in capital expenditures. Capex for the fiscal year that closed at ...
Shares of Oracle moved sharply lower Thursday, showcasing Wall Street’s negative reaction to the company’s latest earnings report. While Oracle ORCL beat the revenue and earnings benchmarks set by ...
Oracle shareholders are taking it on the chin Thursday, as the company's plan to raise more money to fund the AI buildout is overshadowing better-than-expected quarterly results. But, from our vantage ...
Oracle Corp. (NYSE: ORCL) stock tanked roughly 12% Thursday, its worst day in more than a year, after the company laid out an artificial intelligence spending plan far bigger than Wall Street had ...
Oracle beat headline numbers but missed cloud revenue, and a planned $40B capital raise sent ORCL down 10%, pulling CRM toward 52-week lows. 'SaaSpocalypse' fears that AI could erode per-seat SaaS ...
The AI industry’s effort to build as many data centers as possible has spurred trillions in global debt. If that worries you, prepare to get even more worried. Oracle said in its earnings report on ...
Oracle Corporation reported increased revenue of 21% year-over-year (YOY) for its fiscal fourth quarter, but it wasn’t enough to please stockholders. The company’s shares (NYSE: ORCL) dropped over 10% ...
Oracle shares slid 6% in after-hours trading following an earnings report showing that the software and cloud-computing company spent more than expected on capital projects last year. Oracle, whose ...