Oracle Stock Drops 11% Despite Earnings Beat
Oracle's stock plunged 11% despite beating earnings estimates, as a slight revenue miss and weak guidance fueled concerns over its costly cloud strategy.
#Oracle#Stock Market#Earnings Report
#Oracle
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Oracle Stock Falls Despite Upgraded Long-Term Outlook
Oracle's stock dropped nearly 7% despite the company raising its 2030 revenue forecast to $225 billion and clarifying AI cloud profitability.
#Oracle#Stock Market#Artificial Intelligence
Oracle Stock Falls on Concerns Over AI Cloud Profitability
Oracle's stock fell nearly 4% after reports revealed its AI cloud business has a gross profit margin of just 14%, far below the company's historical average.
#Oracle#ORCL#Stock Market
Oracle Shares Decline on AI Cloud Profit Margin Concerns
Oracle's stock fell nearly 4% following a report that its high-growth AI cloud business, using Nvidia chips, operates on significantly lower profit margins.
#Oracle#Nvidia#Artificial Intelligence
S&P 500 Hits New Record as Teradyne and Oracle Surge
The S&P 500, Dow, and Nasdaq all set new record highs, driven by strong performance in tech stocks like Teradyne and Oracle, while Kenvue shares fell sharply.
#S&P 500#Stock Market#Teradyne
Oracle Names Two CEOs Amid Strong Cloud and AI Growth
Oracle has named Clay Magouyrk and Mike Sicilia as its new CEOs, while Safra Catz transitions to Executive Vice Chair amid record growth in cloud and AI.
#Oracle#Corporate Leadership#Cloud Computing