Oracle stock gives investors whiplash as Larry Ellison touts AI 'hypergrowth' but earnings fall short ...Middle East

Quartz - Economy
Oracle stock gives investors whiplash as Larry Ellison touts AI hypergrowth but earnings fall short
source : Quartz ( Middle East ) () 56

Investors weren’t sure what to make of Oracle’s (ORCL) fiscal third-quarter earnings expectations late Monday, which fell short of analysts’ expectations. Shares of Oracle climbed 5% in after-hours trading before sinking 3% as investors digested the missed targets. The stock was still off slightly in pre-market…

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