Oracle's stock experienced a significant drop after reporting quarterly results that missed revenue expectations, largely due to substantial spending on data centers for AI customers like OpenAI. The ...

Indian markets saw a mixed close Thursday. The Dow and S&P 500 hit record highs, buoyed by the Federal Reserve's latest rate cut and a less hawkish stance. However, the Nasdaq dipped, weighed down by ...

Oracle’s slump pulled the whole tech market down on Thursday. Nasdaq futures fell more than 1%, hitting a one-week low. Nvidia shares also fell about 3%, showing how worries about AI spending are ...

Oracle’s (ORCL) stock is down 12% after the technology giant reported mixed financial results that disappointed investors. The cloud computing and database software maker reported earnings per share ...

Simply sign up to the US equities myFT Digest -- delivered directly to your inbox. Wall Street’s S&P 500 set a record closing high on Thursday as gains in consumer-focused and financial companies ...

Oracle (ORCL) was in focus on Thursday as Wall Street firms defended the IT giant after it reported mixed results, and said the growth from artificial intelligence will be surprising in the years to ...

The U.S. central bank cut interest rates by a quarter-percentage point to a range of 3.5% to 3.75% on Wednesday, as widely expected, but also signaled it would likely pause further reductions in ...

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 ...

(Bloomberg) -- Oracle Corp. posted disappointing cloud revenue, suggesting it will take longer than expected for the company’s recent huge AI bookings to pay off. Fiscal second-quarter cloud sales ...

SoftBank Group shares fell after Oracle's quarterly results rekindled concerns about how soon investments in artificial intelligence will turn into profits. Shares were recently 5.1% lower at 17,715 ...

The ASX 200 index closed up 0.2 per cent at 8592 points, trimming its rise to a four-week high of 8592 as disapointing results from Oracle hit US futures.