Oracle Corp. shares tumbled after a report that the software maker’s profit margin in its cloud computing business is lower than many on Wall Street have been estimating.
U.S. stocks remained lower in midday trading on Tuesday, weighed down by megacap technology names as the government shutdown entered its seventh day. Shares of Oracle Corp. were tumbling 4.3% on ...
Oracle stock dips on report raising concerns about cloud margins. Oracle World and Analyst Day next week could address these concerns.
What Happened? Shares of enterprise software giant Oracle (NYSE:ORCL) fell 5.5% in the afternoon session after a report revealed the company's artificial intelligence cloud business operated with very ...
Shares of American enterprise software giant Oracle ($ORCL) saw a significant sell-off on Tuesday afternoon after media reports revealed that ...