Oracle Shares Tumble After Earnings Miss—Larry Ellison’s Fortune Loses $15 Billion
Larry Ellison, Oracle’s billionaire co-founder, had his net worth cut by $15 billion Tuesday as the company’s stock paced its worst loss in nearly a year, after a recent earnings report that fell short of estimates, though analysts remained optimistic about the database software firm.
The software giant reported $4.21 billion in profit, or $1.47 per share, for the three months that ended in late November.
Oracle's recent Q2 miss on EPS and revenue sparked a sell-off, but the declines were minimal, with EPS missing by just $0.01 ...
Oracle shares moved firmly lower in early Tuesday trading after a disappointing set of quarterly earnings triggered a host of ...
Looking forward, Oracle stock is likely to find some support at $170. This round-numbered price level served as a launching ...
Jim Cramer urged investors on Tuesday to view Oracle Corp. as a buying opportunity following its post-earnings decline, while ...
ORCL earnings call for the period ending September 30, 2024. Oracle ( ORCL -0.65%) Q2 2025 Earnings Call Dec 09, 2024, 5:00 p ...
Oracle's cloud infrastructure growth topped hyperscale rivals in Q2. Oracle stock is still down about 7.0% on Tuesday morning ...
Given the big run-up in Oracle shares this year, roughly in-line results don’t seem to be enough for Wall Street.
There’s never a great time to tell investors your bills are going to double. For Oracle, its latest earnings report proved a ...
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