TOKYO, - Japan's Nikkei share average reversed early gains to inch down on Thursday, as SoftBank Group tracked sharp declines in Oracle after the U.S. tech giant missed Wall Street's forecasts. The ...
SoftBank Group shares fell after Oracle's quarterly results rekindled concerns about how soon investments in artificial intelligence will turn into profits. Shares were recently 5.1% lower at 17,715 ...
Oracle Corp. reported a significant increase in remaining performance obligations (RPO), up 438% in US dollar terms, in the ...
Oracle missed a slew of Wall Street estimates for sales, operating profit and future cloud-computing contract growth, a sign ...
While Fed Chair Jerome Powell did outline a higher bar for future rate cuts, he also announced that the central bank will ...
The earnings call comes on the back of a 23% drop in Oracle’s share price last month, its worst monthly performance since ...
Shares in business computing giant Oracle fell more than 10 percent on Wednesday on word its revenue missed heady ...
Oracle Chief Financial Officer Doug Kehring said Wednesday that the database and cloud firm was exploring unusual ways to lower its spending on data centers for artificial intelligence. Kehring said ...
A measure of Oracle Corp.’s credit risk climbed on Wednesday after the database company posted a jump in spending on data ...
Oracle shares fell more than 6% in after-hours trading on Wednesday after the database and cloud firm said it burned roughly $10 billion in the November quarter as it ramps up spending on data centers ...
The company’s growing data-center outlays will take longer than investors would like to pay off.
While the company beat on EPS and increased its AI deal pipeline, concerns over Oracle’s financing strategy remain ...