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Oracle Stock Drops
Analysts revisit Oracle stock price targets after Q2 earnings
Oracle shares moved firmly lower in early Tuesday trading after a disappointing set of quarterly earnings triggered a host of price-target and rating updates on Wall Street. Oracle (ORCL) shares have been the outstanding performer in the cloud-computing space,
Oracle’s earnings were liked by analysts, even by those who don’t love the stock
Oracle’s stock falls after earnings, but even analysts who don’t like the stock were upbeat about the results.
Oracle Stock Drops After Earnings Undershoot Estimates
Oracle posted higher quarterly revenue and profit on continued demand for artificial intelligence, but shares slid after the company missed analyst estimates. The stock fell more than 8% in premarket trading,
Wall Street, Oracle
Stock market today: Despite Oracle's drag, Wall Street drifts as it waits for inflation data
Wall Street is quiet on Tuesday, and U.S. stock indexes are drifting in the runup to the highlight of the week for the market, the latest update on inflation that’s coming on Wednesday. The S&P 500 was virtually unchanged,
Oracle’s rampant cloud growth wasn’t enough for Wall Street, and its stock slides after-hours
Oracle’s net income rose 26% from a year earlier, to $3.15 billion. Revenue from cloud services and license support sales increased 12%, to $10.8 billion, accounting for 77% of the company’s total, while sales of cloud and on-premises licenses inched up 1%, to $1.2 billion.
Stock market today: Wall Street slips to a rare back-to-back loss
They’re the first back-to-back losses for the index in nearly a month, as momentum slows following a big rally that has it on track for one of its best years of the millennium. The Dow Jones Industrial Average fell 154 points,
17h
Salesforce vs. Oracle Stock
Given its better valuation, we believe that Salesforce stock (NYSE: CRM) is currently a better pick over its peer, Oracle ...
1d
Oracle’s roaring stock rally cools as latest results fail to live up to the hype
Given the big run-up in Oracle shares this year, roughly in-line results don’t seem to be enough for Wall Street.
6h
Oracle's Growth Story Remains Intact, Shares May Need To Take A Breather
Oracle's growth trajectory remains strong, but supply constraints and geopolitical risks may create some near-term headwinds.
Money Morning
14h
Oracle Stock Tumbles After Earnings Miss: Here are the Key Support Levels and Long-Term Outlook
Looking forward, Oracle stock is likely to find some support at $170. This round-numbered price level served as a launching ...
19h
on MSN
Deeper dive: why Oracle’s earnings weren’t so bad
Oracle's cloud infrastructure growth topped hyperscale rivals in Q2. Oracle stock is still down about 7.0% on Tuesday morning ...
13h
Oracle Q2: Doubling CAPEX In FY 2025, Stock Remains A 'Sell'
Oracle forecasts growth but struggles with high CAPEX. Find out why ORCL stock is still overvalued and rated a "Sell" despite ...
18h
Heard on the Street: Oracle’s AI Spending Boost Comes at a Rough Moment
There’s never a great time to tell investors your bills are going to double. For Oracle, its latest earnings report proved a ...
19h
Analysts reboot Oracle stock price targets after earnings
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18h
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 ...
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