Oracle stock is tumbling on cloud miss and costly data center plans: What it means for the AI bubble debate
Oracle stock is tumbling on cloud miss and costly data center plans: What it means for the AI bubble debate
The software giant beat Wall Street’s estimates on revenue, but investors appear to be concerned about its plans to raise $40 billion.
[Photo: gguy/Adobe Stock]
Oracle Corporation reported increased revenue of 21% year-over-year (YOY) for its fiscal fourth quarter, but it wasn’t enough to please stockholders.
The company’s shares (NYSE: ORCL)........
