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Oracle Woes Ruin Cross-Asset Party as Traders Flock to Safety (Bloomberg) --A market party after the Federal Reserve’s policy decision came to an abrupt halt within hours as a plunge in Oracle Corp ’s shares reawakened concerns over tech-stock valuations
Oracles Market Woes: Ellisons Wealth Plummets Amid AI Concerns Larry Ellison, the founder of Oracle, has seen his wealth significantly decline due to a sharp drop in Oracle's stock price Over the past several weeks, his fortune has decreased by $130 billion, causing him to fall from second to third place on the Bloomberg Billionaires Index
Oracle Shares Plunge 6. 25% Over Two Days Ahead of Earnings Amid AI . . . A favorable earnings report or a sector-wide rebound in AI stocks could serve as a turning point for Oracle’s near-term trajectory Looking ahead, Oracle’s ability to maintain its cloud and AI innovation edge will be pivotal
Oracle shares fall on revenue miss amid AI investments Oracle’s stock price plummeted by over 10% on Wednesday after the company’s revenue fell short of expectations, despite a significant increase in net income The Texas-based business computing giant…
S P 500 Snaps Eight-Day Win Streak as Oracle Plunge and Government . . . Market Takes a Hit: Oracle's Cloud Woes and Government Paralysis Drive Downturn Today's market action saw the S P 500 index (INDEXSP: INX) fall by 0 4%, marking an abrupt end to an impressive eight-day winning streak The primary catalyst for this reversal was a significant downturn in shares of Oracle Corporation (NYSE: ORCL), which plummeted over 5% during the trading session Reports
S P 500 Erases Early Gains as Oracle Slumps on Cloud Margin Woes US stocks ended their longest winning streak since May on Tuesday, spurred by a rotation out of big tech shares after a report said the profit margin for Oracle Corp ’s cloud computing business is lower than many on Wall Street have been estimating