12 12, 2023

Oracle (ORCL) Falls 11% on Weak Revenue, But There Are Still 2 Reasons to Hold Onto This Stock

By |2023-12-12T17:59:41+00:00December 12th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Hot Stocks|Tags: , , , , , , |

Oracle (ORCL) delivered second-quarter earnings after the market closed Monday, and the results sent shares lower in extended trading. They picked up from there this morning when the bell opened and the stock fell 11%. The software company fell short of expectations for revenue, delivering just $12.94 billion compared to the consensus of $13.05 [...]

12 09, 2023

Oracle Drops 12% On Dismal Guidance Despite an Earnings Beat: What Does This Mean for Investors?

By |2023-12-07T19:53:02+00:00September 12th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Hot Stocks|Tags: , , , , , , |

Shares of Oracle (ORCL) are down 12% so far in Tuesday morning’s trading session even after the company posted first-quarter earnings that beat the consensus. The problem? The dismal guidance for the second quarter ahead. Oracle has benefited as more and more companies rush to claim their stake in the AI marketplace. The demand [...]

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