CEO Larry Ellison, in a conference call with financial analysts Wednesday, also took time to crow about the next-generation Exadata Database Machine the company unveiled Tuesday, citing it as proof of ...
Oracle shares dropped almost 7%, their steepest decline in a year, following the database software vendor's disappointing earnings report. The stock's worst day of 2024 had been a 5.4% decline in May.
Oracle ORCL released its fiscal first-quarter earnings report on Sept. 11 after the close of trading, and investors responded by pushing its stock down by a double-digit percentage. Here’s Morningstar ...
Fueled by a rise in license updates and product support revenue, Oracle's earnings Wednesday exceeded analysts' forecasts, even though its sales declined for the sixth consecutive quarter. The ...
Oracle shares dropped as much as 4.8 per cent after Elon Musk said his artificial intelligence start-up would rely less on cloud technology from the software maker, jeopardising a potentially ...
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