NEW YORK – Oracle shares plunged the most in almost 11 months on Dec 11 after the company escalated its spending on artificial intelligence (AI) data centres and other equipment, rising outlays that ...
Dec 11 : Oracle shares slumped nearly 11 per cent in premarket trading on Thursday after downbeat forecasts and higher capex fanned worries that its massive AI investments are taking longer than ...
Oracle just posted massive Q2 FY2026 earnings — including a 438 percent surge in remaining performance obligations and cloud infrastructure growth in the mid-60 percent range — but the stock still ...
Cloud Infrastructure Revenue: $4.1 billion, up 66%. Cloud Database Services Revenue: Up 30%. Autonomous Database Revenue: Up 43%. Cloud Applications Revenue: $3.9 billion, up 11%. Operating Income: $6 ...
“Training AI models on public data is the largest, fastest-growing business in history,” he said. “AI models reasoning on private data will be an even larger and more valuable business. Oracle ...
Three months ago, Oracle Corp.’s scorching earnings outlook sent the shares soaring to their best day in three decades. But a quarter later, things look very different for the database software maker ...
And let's get to the three things you need to know today. First up, the Fed decides. The US Central Bank will issue its final rate decision of the year today. Investors are pricing in a quarter point ...
Oracle experienced a dramatic and unjustified surge in valuation after its last earnings, fueled by investor optimism rather than fundamentals. Oracle's recent price action reflects a sharp reversal, ...