Oracle stock is down after earnings miss and elevated cloud expectations
The software giant reported $4.21 billion in profit, or $1.47 per share, for the three months that ended in late November.
Oracle stock sinks amid earnings miss, higher spending forecast
Oracle stock dropped after a quarterly miss collided with elevated expectations, a trend recently seen with other high-flying tech stocks.
Oracle Stock Drops After Earnings Fall Short of Estimates
Oracle posted higher revenue and profit in its fiscal second quarter on continued demand for artificial intelligence, but shares fell after the company missed analyst estimates. The stock slid 7.7% in after-hours trading.
Oracle’s earnings were liked by analysts, even by those who don’t love the stock
Oracle’s stock falls after earnings, but even analysts who don’t like the stock were upbeat about the results.
What Analysts Are Saying After Oracle's Results Underwhelmed Investors
Key Takeaways Oracle shares dropped after fiscal second-quarter revenue came in below expectations.Analysts are mixed about the cloud company's outlook, with different firms calling the same results "very solid" and "less impressive.
Oracle Stock Drops After Earnings Undershoot Estimates
Oracle posted higher quarterly revenue and profit on continued demand for artificial intelligence, but shares slid after the company missed analyst estimates. The stock fell more than 8% in premarket trading,
Analysts revisit Oracle stock price targets after Q2 earnings
Oracle shares moved firmly lower in early Tuesday trading after a disappointing set of quarterly earnings triggered a host of price-target and rating updates on Wall Street. Oracle (ORCL) shares have been the outstanding performer in the cloud-computing space,
Oracle Stock Is Sinking After Earnings. Here's Why
Oracle stock is lower Tuesday after the tech giant fell short of earnings expectations for its fiscal second quarter. This is what you need to know.
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Oracle slides as revenue target miss spotlights tough cloud competition
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Oracle CEO Catz Predicts $25B In Cloud Revenue This Fiscal Year
During Oracle’s Q2 2024 earnings call, CEO Safra Catz and CTO Larry Ellison talked AI, GPUs, cloud, database products and ...
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Oracle shares head for worst day of 2024 after earnings miss
Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco, ...