Shares in business computing giant Oracle fell more than 10% on Wednesday on word its revenue missed heady expectations, dampening artificial intelligence euphoria in the market. The slide in ...
Oracle ORCL-1.94%decrease; red down pointing triangle is facing mounting anxiety from investors about how much it’s spending to build out data centers for the artificial-intelligence industry. The ...
Oracle has taken on billions of dollars in debt to pay for AI infrastructure and is reported to be considering borrowing even more. (EPA Images pic) Shares in business computing giant Oracle fell more ...
Oracle (ORCL) cloud services now represent 77% of total revenue and grew 55% year-over-year. GPU consumption revenue surged 336%. Oracle’s remaining performance obligation hit $97.3B in Q2 FY2025.
Oracle founder and chief technology officer Larry Ellison says the business cloud computing titan is going to work with all AI chip makers, not just Nvidia, as it ...
This article first appeared on GuruFocus. CreditSights analysts have flagged a potentially material shift in Oracle (NYSE:ORCL)'s risk profile following the company's latest regulatory filing, which ...
Weaker-than-forecast quarterly data for Larry Ellison’s tech company shows slowdown in revenue growth and big rise in spending Business live – latest updates Oracle’s shares tumbled 15% on Thursday in ...
NEW YORK (AP) — Wall Street set records on Thursday, even as a sell-off for Oracle and worries about a potential bubble in artificial-intelligence technology weighed on the market. The S&P 500 inched ...
In other recent news, Oracle’s second-quarter earnings report fell short of expectations, with cloud revenue coming in 1 percentage point below the midpoint of guidance. This has led Scotiabank to ...