According to Bloomberg, Oracle and its peers have faced increased scrutiny lately because they are spending heavily on AI projects. (Image: X) US stocks closed on a month-high with both Dow and the ...
The database giant reported a mixed second quarter, beating earnings estimates with a 54% jump in adjusted EPS to $2.26, but missing revenue expectations at $16.06 billion. However, the focal point ...
Oracle shares weighed on the tech-heavy Nasdaq composite, but the Dow industrials and S&P 500 rallied to new records. The enthusiasm in the broader stock market extended a move from Wednesday that ...
Oracle might have an OpenAI problem. Oracle (ORCL) stock has tumbled over 40% from its September peak, erasing more than $360 billion from its market capitalization. Nearly $67 billion of that decline ...
Indexes: Dow rises 1.34%, S&P 500 adds 0.21%, Nasdaq falls 0.25% Oracle update drags down some tech, AI stocks Value outperforms growth, small outperforms large Dec 11 (Reuters) - The S&P 500 and the ...
Seeking Alpha analysts turned bullish on Oracle Corporation (ORCL) this week as the database software maker posted its worst weekly performance in more than seven years on Friday after its fiscal Q2 ...
(Bloomberg) --A measure of Oracle Corp.’s credit risk reached a fresh 16-year high Thursday, after the database company’s higher spending on data centers and other equipment raised fresh doubts about ...
The S&P 500 and the Dow boasted record closing highs on Thursday as investors favored financial stocks after a Federal Reserve policy update that was less hawkish than expected, while the tech-heavy ...
The S&P 500 edged higher as investors shrugged off concerns over Oracle’s earnings. It was just enough. Data delayed at least 15 minutes Source: FactSet By The New York Times By Joe Rennison The S&P ...
Investing.com -- The S&P 500 closed at record highs Thursday, though gains were kept in check by an Oracle-fueled drag on AI-related stocks at a time when valuation concerns persist. In the corporate ...
Oracle denies delaying OpenAI data centers to 2028 due to shortages Investors worried about Oracle's debt-fueled AI infrastructure buildout Market sensitive to AI delays, scrutinizing spending payoffs ...