Oracle stock drops 3% as earnings test AI growth narrative

Oracle Corp. (ORCL) shares fell 3.3% in premarket trading on Wednesday ahead of the company's quarterly earnings report.

Oracle reports on June 10, and its cloud backlog could be the next big test for the AI infrastructure trade

The cloud company's backlog has become a key gauge of AI demand.

Oracle stock gets vote of confidence from Wall Street ahead of earnings

Wall Street analysts send a clear message as Oracle prepares to report fiscal fourth-quarter results.

Is Oracle's Q4 earnings the next big test for AI trade?

The AI trade continues to stand on unsteady ground this week as semiconductor stocks waver. Oracle's (ORCL) fiscal fourth ...
Reuters

Oracle will test AI’s scale-begets-scale trade

NEW YORK, Sept 10 (Reuters Breakingviews) - Long-standing corporate titans aren’t supposed to add over $200 billion to their market value in a single day. Yet 48-year-old Oracle (ORCL.N), opens new ...
techtimes

Oracle Q4 Earnings Land June 10: Record $553 Billion AI Backlog Faces Its First Conversion Test

REDWOOD SHORES, CALIFORNIA - JUNE 13: A sign is posted in front of Oracle headquarters on June 13, 2022 in Redwood Shores, California. Oracle reported fourth-quarter earnings with revenue of $11.8 ...
Inc

Why Oracle Is Cutting 30,000 Jobs Despite a Massive $6 Billion Quarterly Income

Oracle is joining a growing wave of tech companies cutting jobs as they pour billions into artificial intelligence. This morning, the company began implementing sweeping layoffs across multiple ...