
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.
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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's stock dropped nearly 7% despite the company raising its 2030 revenue forecast to $225 billion and clarifying 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's stock fell nearly 4% following a report that its high-growth AI cloud business, using Nvidia chips, operates on significantly lower profit margins.

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.

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.