By Amanda Cooper LONDON, Dec 11 (Reuters) - The cost of insuring Oracle's debt against the risk of default has shot up after ...
The software giant’s latest results is adding fuel to concerns over its ability to capitalize on the AI industry’s ravenous ...
Alphabet, Amazon, Meta and Microsoft—and, more recently, Oracle have poured money into data centres crammed full of pricey AI ...
By Juby Babu and Stephen Nellis Dec 10 (Reuters) - Oracle forecast sales and profit that missed analyst estimates on ...
This creates an imbalance: the upside appears limited, while the downside risk increases if growth even modestly ...
Oracle shows robust cloud and software growth with rising OCI revenue and a $523B backlog fueling long-term potential. See ...
Asian shares are mixed after the U.S. stock market again approached its record high following the Federal Reserve’s cut in ...
The cloud services giant reported quarterly revenue that fell short of Wall Street’s expectations.
Stock index futures pointed to a lower open Thursday after Oracle (ORCL) posted mixed results, pressuring the AI trade.
Wall Street expects the Texas-based firm to post EPS of $1.64 up 11.6% from a year earlier on a revenue of $16.19B implying a rise of over 14% during the quarter.
Dow futures declined over 100 points on Thursday as Oracle’s results reignited fears about high-flying tech stocks. The futures tied to other Wall Street indices like the S&P 500 and Nasdaq were also ...
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