Oracle’s global workforce fell by around 21,000 during its latest financial year as the company restructured its operations ...
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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’s data-center spending will hit $90 billion to $95 billion next year, the figure that drove Thursday’s selloff, and Benzinga reported the bill could climb toward $100 billion. Oracle’s counter ...
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 ...