Oracle’s $2.26 EPS beat relied on a $2.7B one-time gain. Core earnings missed at $1.33 versus $1.64 expected. CapEx guidance jumped $15B to $50B for fiscal 2026. Free cash flow burned $10B for the ...
Investing.com-- Analysts at Stifel cut their price target on Oracle after the software maker’s weak quarterly update triggered a sharp after-hours selloff, the brokerage said in a note. Stifel cut its ...
Oracle (ORCL) issued $18B in bonds and secured a $38B loan to fund AI expansion. Interest payments now consume roughly 20% of quarterly net income. Oracle shares dropped 42% from their September high ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Oracle has been hit harder than big tech rivals in the recent sell-off of tech stocks and bonds, as its vast ...
President Donald Trump says Americans could soon pay far less for GLP-1 medications used for diabetes, obesity, and heart disease. He announced that his administration has secured a deal to bring ...
ROCHESTER, N.Y. — Teachers and employees of the Rochester City School District voiced their concerns at a forum regarding ongoing payroll issues. Dr. Eric J. Rosser, the superintendent, said he and ...
OpenAI, Oracle and Related Digital will build a data-centre campus of more than 1 gigawatt in Saline Township, Michigan, as part of their Stargate push to expand U.S. artificial intelligence ...