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that came in well above projections. Financial guidance that came in short of estimates and increased spending on artificial-intelligence infrastructure look to be worrying investors.
Shares of cloud computing giant Oracle plunged on Thursday, after weaker-than-expected revenues stoked concerns about returns from massive spending on artificial intelligence. The company's shares ...
Oracle's first-quarter results, announced in September, delivered a significant positive surprise that outweighed modest revenue shortfalls. Although revenue of $14.9 billion and adjusted earnings per ...
Oracle’s default risk is rising fast. The tech giant’s 5-year Credit Default Swap has jumped to 128 basis points, the highest level since the 2008 financial crisis. Traders are now aggressively buying ...
Oracle Corporation (NYSE: ORCL) has seen a significant market reaction following its bold shift towards artificial intelligence (AI), resulting in a 25% drop in shares over the past month. What ...
Since Oracle Corp. stunned investors last month with its massive artificial-intelligence pipeline, shares of the company have pulled back from their peak as questions emerge about how the company will ...
Comcast, Oracle and Spotify recently doubled up on top executives, a rare setup that some say could become more common. Credit...Antonio Sortino Supported by By Jordyn Holman After running Spotify for ...
Inside Oracle’s Bid to Secure TikTok and Capture the AI Market Your email has been sent Andreessen Horowitz, Oracle, and Silver Lake will invest in a duplicate TikTok algorithm for American audiences, ...
Larry Ellison briefly soared past Elon Musk as the world’s richest person for the first time as shares in Oracle surged more than 40% on Wednesday. Ellison, who co-founded Oracle and now serves as ...
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