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Oracle plummets 11% on weak revenue, pushing down AI stocks like Nvidia and CoreWeave

Oracle’s quarterly earnings topped expectations, but revenue came up short. Investors have question whether the company’s artificial intelligence investments are justified. Oracle picked up ...
Law

Oracle Slammed With 11 Data Breach Class Actions in Texas

Oracle was hit with 11 class actions in November over its alleged failure to prevent or provide timely notice about a cyberattack that reportedly affected 29 companies using its software products. The ...
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Oracle shares tank 11%, dragging down Nvidia, CoreWeave, Micron

Oracle shares sank on Thursday after revenue earnings missed analyst expectations. Other AI-related names like Nvidia, Micron and CoreWeave fell alongside it. Investors have questioned Oracle's AI ...
Forbes

Oracle Delivers On The Promise Of Modern EHR

At the Oracle Health Summit, Oracle unveiled its newly built EHR, set for release in 2025 for early adopters. After previewing the product, I noted its modern design, which incorporates its clinical ...
Seeking Alpha

Oracle tumbles as soaring RPOs not enough to offset mixed Q2 results

Oracle (ORCL) shares fell 7% in extended trading on Wednesday as the IT giant continued to rack up deals, but its fiscal second-quarter results were mixed compared to Wall Street's forecast. For the ...
New York Post

Oracle stock plunges 12% on AI jitters — shrinking Larry Ellison’s net worth by $34B

Oracle’s stock fell more than 12% on Thursday on growing fears about the software giant’s massive AI spending — shaving more than $30 billion off co-founder Larry Ellison’s fortune. The Texas-based ...
The Motley Fool

Why Oracle Stock Sank Today

DA Davidson analyst Gil Luria just cut Oracle's price target by one-third. Luria worries that Oracle's OpenAI contract may not be as good as it seems. I warned that Oracle stock cost too much at $328 ...
CNN

Oracle’s sudden AI stardom is giving 1999 energy

A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. The catalyst wasn’t a flashy product rollout or a surprise earnings beat — in ...
InfoWorld

Oracle extends support for Java 11, Java on Solaris

Oracle in its Spring 2024 roadmap for Java SE (Standard Edition) reconfirmed it will extend support for Java 11 through January 2032, and will support Java 8 and Java 11 on the Solaris operating ...
The Motley Fool

Oracle Might Be the Riskiest AI Stock as Bubble Fears Grow

Oracle is aggressively building out AI data centers, most notably for OpenAI under a massive multi-year deal The company's balance sheet is already loaded with debt, and more debt is being piled on to ...
dbta

Quest Software Releases Toad for Oracle 11.5

Quest Software has released version 11.5 of its Toad for Oracle software, the flagship product in the Toad portfolio of productivity software for database developers, DBAs, and analysts. Drawing on ...
TheServerSide

Red Hat replaces Oracle as OpenJDK 8, OpenJDK 11 steward

Red Hat has assumed stewardship from Oracle over OpenJDK 8 and OpenJDK 11, which strengthens Red Hat's support for the Java community -- particularly enterprise Java developers. OpenJDK 8 and OpenJDK ...