The U.S. New York stock market fell across the board on the 17th, local time. Notably, the tech-heavy Nasdaq index dropped by more than 1.8%. The market was directly impacted by reports that Oracle, a ...

Despite exceeding earnings expectations, Broadcom AVGO and Oracle ORCL stock have now fallen more than 15% since their much-anticipated quarterly results last week. The selloff comes as investors have ...

Oracle stock fell 11% today, as investors fret over how much the company is spending to build out AI data centers for OpenAI and others. Oracle Chairman Larry Ellison, whose roughly 40% stake has made ...

[NEW YORK] Oracle shares fell the most in more than 24 years after the company reported a jump in spending on AI data centres and other equipment, rising outlays that are taking longer to translate ...

(Bloomberg/Brody Ford and Ian King) — Oracle Corp. shares fell the most in more than 24 years after the company reported a jump in spending on AI data centers and other equipment, rising outlays that ...

NEW YORK (AP) — Most U.S. stocks are rising on Thursday, but a drop for Oracle is holding Wall Street back as investors question whether its big spending on artificial-intelligence technology will pay ...

Risk assets are under pressure Thursday despite the Fed's rate cut, with Oracle's earnings miss piling on alongside the central bank's hawkish guidance. Bitcoin BTC $89,967.36, the leading ...

Quarterly revenue grew 14% year on year, but shares are down 11-12% following bad news The company is anticipating spending $15 billion more, largely due to AI Meta, Nvidia, and OpenAI are all major ...

This article first appeared on GuruFocus. Oracle (NYSE:ORCL) shares slipped 14% on Thursday morning trade after the IT giant reported mixed fiscal second-quarter results. The company posted adjusted ...

Q2 Highlights: Oracle reported second-quarter revenue of $16.06 billion, missing analyst estimates of $16.21 billion. The software giant said adjusted earnings grew 54% year-over-year to $2.26 per ...