Oracle stock sinks
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Fresh concerns about data-center funding weighed down Oracle’s stock on Wednesday, but the selloff is looking overdone to some on Wall Street. Oracle shares fell 5.4% on Wednesday after the Financial Times reported that Oracle’s primary data-center partner,
One leading tech company, Oracle (NYSE: ORCL), recently posted earnings that appear to have sent some shockwaves throughout the AI world. Investors were taken aback by its latest results, and they could be a problem for AI stocks as a whole. Here's why.
Oracle Corp shares are getting hit Wednesday morning following reports that one of its partners is backing out of a massive data center deal.
Oracle's cloud segment surged 34% YoY, now its primary growth engine, while legacy software declined 3%. Learn why ORCL stock is a Buy.
Oracle ( ORCL) shares sank 10.83% on Dec. 11 and slipped another 4.66% on Dec. 12, extending a sharp selloff that followed the company’s latest earnings report. The weakness, combined with Broadcom’s ( AVGO) pullback despite delivering a solid quarter, has added to growing concerns of an AI bubble.
Oracle spooks the stock market after key partner refuses to fund $10B Michigan data center project - SiliconANGLE
AI investors are scrutinizing a once-obscure metric related to future sales.
It hasn't been that long since Oracle was an AI darling. A lot can change in a few months.