Oracle Shares Tumble After Earnings Miss—Larry Ellison’s Fortune Loses $15 Billion
Larry Ellison, Oracle’s billionaire co-founder, had his net worth cut by $15 billion Tuesday as the company’s stock paced its worst loss in nearly a year, after a recent earnings report that fell short of estimates, though analysts remained optimistic about the database software firm.
Oracle shares head for worst day of 2024 after earnings miss
Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco, California, U.S., on Sunday, Oct. 1, 2017. Oracle shares had their steepest drop in a year on Tuesday following the company's disappointing earnings report.
'Mad Money' host Jim Cramer talks the tale of two AI companies with C3.ai and Oracle. Can't-Miss Play: Punt-block gone wrong!
Oracle’s stock falls after earnings, but even analysts who don’t like the stock were upbeat about the results.
Given its better valuation, we believe that Salesforce stock (NYSE: CRM) is currently a better pick over its peer, Oracle ...
Shares of Oracle Corp. fell the most in a year after the software giant reported lukewarm quarterly revenue, disappointing ...
Looking forward, Oracle stock is likely to find some support at $170. This round-numbered price level served as a launching ...
Oracle's shares tumbled more than 9% on Tuesday after its quarterly revenue fell short of Wall Street expectations, signaling ...
Oracle's growth trajectory remains strong, but supply constraints and geopolitical risks may create some near-term headwinds.
Oracle shares tumbled after the cloud company’s second-quarter revenue fell short of Wall Street’s expectations, but analysts ...
Given the big run-up in Oracle shares this year, roughly in-line results don’t seem to be enough for Wall Street.
During Oracle’s Q2 2024 earnings call, CEO Safra Catz and CTO Larry Ellison talked AI, GPUs, cloud, database products and ...
There’s never a great time to tell investors your bills are going to double. For Oracle, its latest earnings report proved a ...
Oracle floundered after a poor Q2 print. However, options traders should consider the empirical data, which supports a ...
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