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Oracle, Larry Ellison
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 slide on earnings and revenue miss, disappointing forecast
Oracle shares fell Tuesday morning after the database software company issued disappointing quarterly results.
Oracle's Larry Ellison is the NBJ's Newsmaker of the Year
Ellison — Oracle Corp. 's co-founder and former CEO as well as its current chairman and chief technology officer — is who the Nashville Business Journal newsroom selected as 2024's Newsmaker of the Year. The annual profile spotlights someone who influenced and drove one or more of the year's major events and storylines.
11h
Oracle Shares Tumble on Lackluster Guidance. Is It Time to Buy the Stock on the Dip or Stay Away?
The company said it saw record artificial intelligence (AI) demand in the quarter, which continues to outstrip supply. This led to Oracle Cloud Infrastructure (OCI) consumption revenue soaring by 52%, ...
3d
on MSN
Oracle stock is down after earnings miss and elevated cloud expectations
The software giant reported $4.21 billion in profit, or $1.47 per share, for the three months that ended in late November.
4d
on MSN
Oracle Falls Most in Year After Posting Disappointing Growth
Oracle Corp. reported quarterly revenue in line with estimates, disappointing investors who have boosted the stock to a ...
3d
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 ...
4d
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 ...
4d
Oracle slides as revenue target miss spotlights tough cloud competition
Oracle's shares tumbled more than 9% on Tuesday after its quarterly revenue fell short of Wall Street expectations, signaling ...
4d
Salesforce vs. Oracle Stock
Given its better valuation, we believe that Salesforce stock (NYSE: CRM) is currently a better pick over its peer, Oracle ...
4d
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 ...
3d
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.
4d
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.
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