Oracle’s AI investments spook investors despite another impressive earnings and revenue beat
Shares of Oracle Corp. fell 9% in late trading today even though it surpassed Wall Street’s expectations on earnings and revenue and raised its profit forecast for the next financial year. The problem: The database and cloud infrastructure giant revealed plan…
Shares of Oracle Corp. fell 9% in late trading today even though it surpassed Wall Streets expectations on earnings and revenue and raised its profit forecast for the next financial year. The proble… [+6174 chars]