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Oracle stock (ORCL) dropped as much as 13% on Tuesday after the company's earnings fell flat compared to AI hopes. The enterprise software company reported its fiscal first quarter 2024 earnings on Monday after the bell, missing slightly on Wall Street's ...
Oracle shares soared 13% on Thursday to a record close, after the database software vendor issued robust earnings and a strong forecast, fueled by growth in cloud. Revenue climbed 11% year over year during the fiscal fourth quarter to $15.9 billion ...
Tech stocks weaken after Oracle’s miss as US indices cool despite a Fed rate cut, with traders reassessing the near-term stock market outlook.
Oracle Corp. on Monday elevated its chief financial officer to the position of chairman of the board, assuming that job from Chief Executive Larry Ellison and muting criticism that the database software company is too dependent on one man. Jeff Henley ...
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Software giant Oracle has announced Java SE 13 and Java Development Kit (JDK) 13 with the promise to developers that it will release future feature updates on a regular and predictable six-month cycle. The binaries for Java SE 13 are slated for release ...
Database software giant Oracle Corp. got a double dose of rejection Thursday. First, PeopleSoft Inc.’s board of directors scorned Oracle’s $5.1-billion hostile offer. Hours later, J.D. Edwards & Co. sued Oracle, alleging that it is trying to foil ...
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Oracle falls -13.9%
Oracle (ORCL) is down -13.9%, or -$31.07 to $191.94. Published first on TheFly – the ultimate source for real-time, market-moving breaking
Oracle Corp.’s $5.85 billion acquisition of Siebel Systems Inc., announced Monday, will marry two Bay Area business software makers and may stimulate remaining rivals to seek dance partners, analysts said. “It’s another major jump in consolidation in ...
Oracle shares sank nearly 11% on Thursday as the company's massive spending and weak forecasts fanned doubts over how quickly the big bets on AI will pay off in a move that CFRA Senior Equity Analyst Angelo Zito called "justified.