Oracle Shares Tumble After Earnings Miss—Larry Ellison’s Fortune Loses $15 Billion
Larry Ellison, Oracle’s billionaire co-founder, had his net worth cut by $15 billion Tuesday as the company’s stock paced its worst loss in nearly a year, after a recent earnings report that fell short of estimates, though analysts remained optimistic about the database software firm.
Oracle shares head for worst day of 2024 after earnings miss
Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco, California, U.S., on Sunday, Oct. 1, 2017. Oracle shares had their steepest drop in a year on Tuesday following the company's disappointing earnings report.
Looking forward, Oracle stock is likely to find some support at $170. This round-numbered price level served as a launching ...
There’s never a great time to tell investors your bills are going to double. For Oracle, its latest earnings report proved a ...
Given its better valuation, we believe that Salesforce stock (NYSE: CRM) is currently a better pick over its peer, Oracle ...
Jim Cramer urged investors on Tuesday to view Oracle Corp. as a buying opportunity following its post-earnings decline, while ...
Oracle's growth trajectory remains strong, but supply constraints and geopolitical risks may create some near-term headwinds.
Given the big run-up in Oracle shares this year, roughly in-line results don’t seem to be enough for Wall Street.
Oracle Corp. reported quarterly revenue in line with estimates, disappointing investors who have boosted the stock by 81% ...
Oracle shares tumbled after the cloud company’s second-quarter revenue fell short of Wall Street’s expectations, but analysts ...
Oracle posted sales of $2.4 billion for its cloud infrastructure business in its Q2 fiscal year 2025 earnings this week, an ...
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