Oracle stock just tumbled
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A sharp drop for Oracle keeps Wall Street in check
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This creates an imbalance: the upside appears limited, while the downside risk increases if growth even modestly underperforms these elevated assumptions. Oracle still offers meaningful opportunities.
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Why Oracle (ORCL) stock is trading lower today
What Happened? Shares of enterprise software giant Oracle (NYSE:ORCL) fell 5.1% in the afternoon session after the company's stock continued to fall from the previous session as investors digested earnings results that raised concerns about heavy spending on Artificial Intelligence (AI) infrastructure.
Wall Street expects the Texas-based firm to post EPS of $1.64 up 11.6% from a year earlier on a revenue of $16.19B implying a rise of over 14% during the quarter.
Did people complain – and by people, we mean Wall Street – as the world’s largest bookseller invested huge amounts of money to transform itself into an
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