Oracle stock drops 3% as earnings test AI growth narrative

Oracle Corp. (ORCL) shares fell 3.3% in premarket trading on Wednesday ahead of the company's quarterly earnings report.

Oracle reports on June 10, and its cloud backlog could be the next big test for the AI infrastructure trade

The cloud company's backlog has become a key gauge of AI demand.
Forbes

Oracle Brings Exadata Performance And Scale To Everyone

Forbes contributors publish independent expert analyses and insights. Chief Analyst & CEO, NAND Research. Oracle announced the general availability of the Oracle Exadata Database Service on Exascale ...
Inc

Why Oracle Is Cutting 30,000 Jobs Despite a Massive $6 Billion Quarterly Income

Oracle is joining a growing wave of tech companies cutting jobs as they pour billions into artificial intelligence. This morning, the company began implementing sweeping layoffs across multiple ...