CEO Larry Ellison, in a conference call with financial analysts Wednesday, also took time to crow about the next-generation Exadata Database Machine the company unveiled Tuesday, citing it as proof of ...
Oracle shares dropped almost 7%, their steepest decline in a year, following the database software vendor's disappointing earnings report. The stock's worst day of 2024 had been a 5.4% decline in May.
Oracle ORCL released its fiscal first-quarter earnings report on Sept. 11 after the close of trading, and investors responded by pushing its stock down by a double-digit percentage. Here’s Morningstar ...
Regular readers know I am no fan of Oracle (NYSE:ORCL). Oracle stock has won some battles on behalf of proprietary software, but it is slowly losing the war. Even its Oracle Cloud, for which it had ...