Larry Ellison's wealth took a big hit on Thursday, with $24.9B wiped off his net worth after Oracle's (ORCL) weak guidance and massive AI spending plans pushed its stock down around 11%. Ellison is ...
Investors should put less weight than normal on the Federal Reserve’s dot-plot forecast because a new Fed chair will take over in May, said Jeff Schulze, head of economic and market strategy at ...
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Oracle stock hasn’t dropped like this since the dot-com bust. What’s driving the selloff?
Oracle stock tumbled after the company reported second-quarter earnings that came in well above projections. Financial guidance that came in short of estimates and increased spending on ...
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