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
After the close on Monday, Oracle reported earnings per share for the fiscal second quarter of $1.47, trailing analysts' average estimate by a penny, according to LSEG. Revenue rose 9% from a year earlier to $14.06 billion, missing the $14.1 billion average estimate.
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,
Oracle options imply 8.3% move in share price post-earnings
Pre-earnings options volume in Oracle (ORCL) is 2.8x normal with calls leading puts 5:3. Implied volatility suggests the market is anticipating
Oracle Stock Is Dropping. Why Wall Street Is OK With an Earnings Miss.
Analysts are saying software firm Oracle's revenue and earnings miss in the latest quarter were largely due to currency headwinds.
Oracle shares drop after earnings miss
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Oracle Falls Most in Year After Posting Disappointing Growth
Shares of Oracle Corp. fell the most in a year after the software giant reported lukewarm quarterly revenue, disappointing ...
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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 ...
Jim Cramer: 'I'd Be A Buyer' After Oracle Earnings Dip, But Will 'Take Something Off The Table' On C3.ai Rally
Jim Cramer urged investors on Tuesday to view Oracle Corp. as a buying opportunity following its post-earnings decline, while ...
Oracle slides as it misses Wall Street revenue targets on tough cloud competition
Oracle's shares sank over 8% on Tuesday in premarket trading after its quarterly revenue fell short of expectations, hindered ...
Salesforce vs. Oracle Stock
Given its better valuation, we believe that Salesforce stock (NYSE: CRM) is currently a better pick over its peer, Oracle ...
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.
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 ...
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.
Oracle misses quarterly results estimates on stiff cloud competition
Oracle's second-quarter revenue grew less than Wall Street expected on Monday, hit by stiff competition among database and ...
What Analysts Are Saying After Oracle's Results Underwhelmed Investors
Oracle shares tumbled after the cloud company’s second-quarter revenue fell short of Wall Street’s expectations, but analysts ...
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Oracle cloud sales fail to meet expectations in Q2 FY2025
Oracle posted sales of $2.4 billion for its cloud infrastructure business in its Q2 fiscal year 2025 earnings this week, an ...