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Oracle stock fell 5% after reports of weak 14% margins on $900 million in Nvidia cloud sales

Oracle dropped 5% on Tuesday, and it wasn’t random. Investors got spooked after The Information dropped a report exposing some nasty math behind Oracle’s cloud business. The report said Oracle plans ...
Cloud Computing

Oracle reports strong bookings and partners with OpenAI to enhance Microsoft Azure AI platform

Multinational computer technology firm, Oracle, has unveiled details of its latest financial performance, fueled by its commitment to cloud computing and AI. The company’s higher-than-expected ...
MarketWatch

Oracle stock rises as earnings and revenue beat, but profit forecast comes in slightly short

Oracle Corp. topped Wall Street’s expectations for profit and revenue in its most recent quarter, but the software company’s earnings guidance came in slightly lower than Wall Street expected. Oracle ...
MarketWatch

Oracle misses on earnings results and forecast as strong dollar takes a toll

Oracle Corp. reported lower earnings than expected Monday and executives’ profit forecast also came in lower than analysts were projecting, as a strengthening dollar took its toll. Oracle ORCL ...