Oracle Corp. shares fell almost 7 per cent on Tuesday following a report that the profit margin in its cloud computing segment is lower than what many on Wall Street had estimated. During the three ...
We recently published 10 Most Popular Analyst Calls to Watch This Week. Oracle Corporation (NYSE:ORCL) is one of the trending stocks. Karen Finerman, CEO & Co-founder, Metropolitan Capital Advisors, ...
Investing.com -- Oracle (NYSE:ORCL) stock fell as much as 7% Tuesday following a report from The Information that revealed the company’s AI cloud business operates with razor-thin gross profit margins ...
A month has gone by since the last earnings report for Oracle (ORCL). Shares have lost about 12.1% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up ...
Oracle's (NYSE:ORCL) internal documents showed that the fast-growing cloud business has thin gross profit margins in the past year or so, lower than what many equity analysts have forecast, The ...
Oracle shares soared about 29% before the bell today after the enterprise software company forecast booked revenue from its core cloud business to exceed half a trillion dollars over the next few ...
On the same day Oracle (NYSE:ORCL) shares spiked more than 30% following its latest earnings report, the cloud computing company also inked a massive $300B deal with OpenAI to provide data center ...
Oracle has initiated a new wave of global layoffs, impacting thousands of employees across the US, India, Philippines, Canada, and Europe. The cuts extend beyond Oracle Cloud Infrastructure to include ...
Oracle (NYSE:ORCL) stock slipped after it moved to raise $15 billion in the U.S. investment-grade bond market on Wednesday, according to people familiar with the transaction. The company offers debt ...
OpenAI signed a contract with Oracle ORCL5.14%increase; green up pointing triangle to purchase $300 billion in computing power over roughly five years, people familiar with the matter said, a massive ...
Oracle Corp. (NYSE:ORCL) has reportedly eliminated more than 350 positions across California and Washington this week, according to state employment records, despite the database giant’s stock trading ...