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Oracle Newsroom
Here's the Bad News for Tech Investors Wondering If AI Spending Is Paying off
Tech earnings still won't answer the question of whether AI spending is paying off beyond Nvidia and a few chip and hardware makers.
Oracle CEO Safra Catz Steps Down From Disney's Board After Ellisons' Big Move in Hollywood
US stocks closed with all three major indices falling, with the S&P Nasdaq index seeing its largest weekly decline in three months. Technology stocks weakened, with Tesla down more than 4%, Nvidia down more than 2%, and CrowdStrike down more than 11%.
Investors accelerated their escape from technology stocks, with stocks and bonds in Europe and the United States being hit hard for two days. This week, the S&P 500 and Nasdaq fell by about 2% and 3.7%, respectively. The Nasdaq stopped its six-week continuous rise, while the Dow and small-cap indices rose by 0.7% and 1.7%, respectively. Chip stocks fell more than 3% on Friday and nearly 9% for the week. Nvidia also fell more than 8.7% for the past three months, making it the worst performer. The "seven sisters of technology" all fell for the week, and cybersecurity leader Crowdstrike, which triggered a global technology outage, fell 11% on Friday, the worst in nearly two years. The VIX panic index rose more than 32% for the week.
Oracle Commodity Converts Debt to Equity
Oracle CEO Catz Steps Down From Disney's Board
Disney: Catz Is CEO of Oracle >DIS
Disney: Catz Is CEO of Oracle >
Mega-Cap Technology Stocks Push US Equity Indexes Lower Friday
US equity indexes fell Friday as a continuing downdraft in technology proved to be a drag amid a global IT outage.The $Nasdaq Composite Index(.IXIC.US)$ declined 0.9% to 17,710.2, with the $S&P 500
Oracle Commodity Announces Debt Settlement of $10,000 in Shares
Vancouver, British Columbia--(Newsfile Corp. - July 19, 2024) - Oracle Commodity Holding Corp. (TSXV: ORCL) (OTCQB: ORLCF) ("Oracle" or the "Company") announces that it has entered into an
Oracle (ORCL) Falls More Steeply Than Broader Market: What Investors Need to Know
$100 Invested In Oracle 10 Years Ago Would Be Worth This Much Today
Oracle (NYSE:ORCL) has outperformed the market over the past 10 years by 2.34% on an annualized basis producing an average annual return of 13.24%. Currently, Oracle has a market capitalization of $38
Apps Associates Joins Oracle HCM Now Program to Enhance HR Digital Transformation for Mid-Enterprise Organizations
Apps Associates, a global leader in enterprise application services, is proud to announce its selection as one of the specialized partners in the Oracle HCM Now program. This prestigious program is tailored for
Today's Analyst Rating | Apple Price Target Raised to $260 by CFRA, CFRA Upgrades Microsoft to Buy
Jul 18, Wall Street analysts have updated their stock ratings today including $Apple(AAPL.US)$ and $Microsoft(MSFT.US)$.
Is Oracle Corp (NYSE:ORCL) the Best AI Stock With Upside Potential?
The next trend for generative AI could be the TTT model.
The 'brain' of the Transformers architecture that supports models such as Sora is a lookup table and so-called hidden states. Unlike Transformers, TTT does not continuously grow as it processes more data. It replaces hidden states with machine learning models, like nested dolls of AI, which is within a model.
Microsoft, Meta, Amazon and Google Face This Growing Risk Around AI
By Emily Bary If AI revenue doesn't come about as quickly as expected, large tech companies could see margin pressure and have to wait longer for returns on their massive investments Large
Oracle(ORCL.US) 10% Shareholder Sells US$322.05 Million in Common Stock
$Oracle(ORCL.US)$ 10% Shareholder ELLISON LAWRENCE JOSEPH sold 2.25 million shares of common stock on Jul 15, 16, 2024 at an average price of $143.1333 for a total value of $322.05 million.Source:
Express News | Shares of Companies Within the Broader Technology Sector Are Trading Lower Amid a Selloff in Chips and AI-related Stocks
What the Options Market Tells Us About Oracle
Deep-pocketed investors have adopted a bullish approach towards Oracle (NYSE:ORCL), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled
Should Oracle Investors Be Worried After Elon Musk's Latest Blow?
Oracle (ORCL) Cloud Enhances Ackermans' Retail Planning System