Shares of enterprise software giant Oracle (NYSE:ORCL) jumped 2.9% in the afternoon session after the stock's positive momentum continued as reports surfaced that its U.S. joint venture, alongside ...
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From Oracle to Broadcom, the concerns about artificial intelligence stocks are starting to pile up
Artificial intelligence stocks now trade at high valuations. The large AI players are investing tens of billions, if not hundreds of billions, into AI infrastructure, such as data centers. Investors ...
Dominik Bošnjak is a freelance writer from Croatia. He has been writing about games for as long as he can remember and began doing so professionally circa 2010. If he was forced to pick a favorite ...
Seeking Alpha analysts turned bullish on Oracle Corporation (ORCL) this week as the database software maker posted its worst weekly performance in more than seven years on Friday after its fiscal Q2 ...
Dec 12 : Oracle denied on Friday a media report that it was delaying OpenAI-related data centers, following investor worries over its debt-fueled AI infrastructure buildout. Bloomberg News had earlier ...
Tech stocks dragged US benchmark indices lower on Thursday after Oracle's disappointing quarterly results. The S&P 500 index shed 0.4%, while the tech-heavy Nasdaq Composite dropped 0.7% at open. The ...
The database giant reported a mixed second quarter, beating earnings estimates with a 54% jump in adjusted EPS to $2.26, but missing revenue expectations at $16.06 billion. However, the focal point ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Oracle stock slumped after it reported disappointing revenues on Wednesday alongside a $15bn increase in its ...
Oracle (ORCL) shares fell 7% in extended trading on Wednesday as the IT giant continued to rack up deals, but its fiscal second-quarter results were mixed compared to Wall Street's forecast. For the ...
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