Oracle stock dives
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The artificial intelligence cloud solutions provider continued to fall following Broadcom's earnings report last night.
With relatively tepid growth, rising debt, an increasing cash burn rate, soaring capex and reliance on money-losing OpenAI, $ORCL has not earned its premium valuation.
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Oracle reports strong Q2 2026 financial results
Oracle ( ($ORCL) ) just unveiled an announcement. Oracle announced its fiscal 2026 Q2 financial results, reporting a significant increase in
Oracle Corporation (NYSE: ORCL) today announced fiscal 2026 Q2 results. Total Remaining Performance Obligations were up 438% year-over-year in USD to $523 billion. Total quarterly revenues were up 14% in USD,
Oracle (ORCL) shares were active in extended trading on Wednesday after the IT giant reported fiscal second-quarter results. Read for more.
Bloomberg reported Oracle had delayed by a year the delivery of some data centers it's developing for ChatGPT maker OpenAI. Oracle shares fell Friday, extending recent losses.
Oracle stock crash: Oracle stock $ORCL plunged 14%, wiping out $105 billion in market value in a single session. The drop puts Oracle on pace for its worst daily decline since 2001. Selling pressure is intensifying.