NEW YORK, Dec 12 (Reuters) - The red-hot trade backing artificial intelligence-related stocks has taken a bruising from back-to-back troubling updates from Oracle and Broadcom, reigniting concerns ...
Weaker-than-forecast quarterly data for Larry Ellison’s tech company shows slowdown in revenue growth and big rise in spending Business live – latest updates Oracle’s shares tumbled 15% on Thursday in ...
Oracle (ORCL) has quietly pulled back over the past month, even as its year to date and multi year returns remain strong. That combination makes the current setup interesting for long term investors.
Using the 2 Stage Free Cash Flow to Equity, Oracle fair value estimate is US$210 Current share price of US$205 suggests Oracle is potentially trading close to its fair value Analyst price target for ...
Oracle's stock has plunged since hitting an all-time high in September as the company has become a poster child for growing investor concerns that an AI bubble has formed. The company is enmeshed in ...
Oracle's market value has dropped by over $300 billion since its OpenAI deal. Investors are worried about the company's debt-fueled AI investments. This has led to talk of a 'Curse of ChatGPT'. Oracle ...
Oracle’s bold push into artificial intelligence has sent shockwaves through financial markets, wiping out more than $300 billion in its market capitalization since the company unveiled its massive ...
Since Oracle (ORCL) announced a $300B deal with OpenAI on September 10th, the company’s stock has shed $374B in market value, Bryce Elder of The Financial Times reports. Meanwhile, equivalents to ...
Simply sign up to the Technology sector myFT Digest -- delivered directly to your inbox. It’s too soon to be talking about the Curse of OpenAI, but we’re going to anyway. Since September 10, when ...
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 ...
McDonald’s told CBS News they’ll be taking on a rounding method when it comes to customers paying in cash. Reason being? The U.S. Mint in Philadelphia pressed its last penny on Wednesday, leaving ...