American multinational computer technology corporation Oracle saw its shares slide on Thursday as the company reported financial results for the third quarter and missed on earnings. Oracle, which earns the bulk of its revenues from its cloud services and license support unit, missed Street earnings forecasts by 5 cents with an adjusted second bottom line … Continue reading “Oracle Shares Slide on Weaker Than Expected Q3 Outlook”
Tag: Oracle
Company News
Oracle Just Announced its Biggest Acquistion Ever
In what is Oracle's biggest acquisition ever, the world's largest database management company is buying…
December 20, 2021
Company News
Oracle Shares Tumble After Company Reveals Guidance Miss
American multinational computer technology corporation Oracle saw its shares slide on Tuesday after the company…
June 15, 2021
The Biden Administration Shelve’s U.S. Takeover of TikTok
This week President Joe Biden's administration has backed off any attempts to ban social media…
February 11, 2021
Featured
ByteDance to Own 80% of TikTok Global
ByteDance announced this week that it will have a majority 80% stake in the new…
September 22, 2020
Oracle Beats Microsoft for TikTok Deal
On Monday Oracle announced that it has struck a deal with TikTok's owner ByteDance to…
September 15, 2020
Hot Stocks
Oracle Tops Quarterly Profit and Revenue And Eases Concerns About Coronavirus
Multinational computer technology corporation Oracle reported quarterly results on Thursday that revealed a profit and…
March 13, 2020
Hot Stocks
Thousands of Oracle Employees Protested Trump Fundraiser
Over 2,300 employees at Oracle had signed a petition that is against a fundraiser for…
February 20, 2020
Hot Stocks
Oracle’s CEO is Taking a Leave of Absence for This Reason
Oracle announced on Wednesday that its Chief Executive Mark Hurd, is taking a leave of…
September 12, 2019
Warren Buffet Just Dumped His Entire Stake In This Stock
The Oracle of Omaha has said no more to software company Oracle. The billionaire investor's…
February 16, 2019
Hot Stocks
Oracle’s Founder Larry Ellison Just Took a Big Stake in This Company
Tesla has had a good week after reporting stellar earnings, having a notable shorter say…
October 27, 2018
Bank of America Has This to Say About Blockchain’s Future with Amazon
Many have heard the term blockchain but aren't too familiar with what it is. It's…
October 2, 2018
Hot Stocks
Zuora Makes its Market Debut and Soars Almost 43%
Cloud software company Zuora made its debut on the NYSE on Thursday and saw its…
April 12, 2018
Company News
Oracle Just Did This Against Rival Salesforce
It was announced on Monday that Oracle is hiring another 5,000 employees for its cloud…
August 28, 2017