Oracle stock drops 7% as some skeptics question lofty AI targets
Oracle projects $225 billion revenue and $21 adjusted earnings per share by 2030 with over 31% annual growth, but analysts remain skeptical of these ambitious AI-driven targets.
5 Articles
5 Articles
Why Oracle Fell Hard Today @themotleyfool #stocks $ORCL
Key PointsOracle held an Investor Day for analysts yesterday. At the event, Oracle increased its already robust long-term guidance. However, investors apparently sold the news as they ascribed some risk to the company's ambitious 2030 targets. 10 stocks we like better than Oracle › Shares of database and cloud giant Oracle (NYSE: ORCL) plunged as much as 8.1% on Friday, before recovering slightly to a 6.9% decline on the day. Oracle held an anal…
Oracle Projects $166B AI Cloud Revenue by 2030 Amid Margin Push
Oracle Corp. has long been a stalwart in enterprise software, but its pivot to cloud computing, particularly in the artificial intelligence arena, is testing the limits of profitability amid surging demand. The company recently raised its revenue projections for AI-driven cloud services, signaling confidence in future growth, yet internal data reveal ongoing struggles with margins on older hardware. This duality highlights the high-stakes balanc…
Oracle Shares Slide 7% After AI-Fueled Rally as Analysts Question Lofty Growth Targets
Oracle’s remarkable two-year rally, powered by its growing role in the artificial intelligence revolution, hit a snag on Friday as the company’s stock fell 7%, marking its sharpest single-day drop since January. The decline came just a day after the enterprise software giant unveiled a bold long-term financial outlook during its AI World conference in […] The post Oracle Shares Slide 7% After AI-Fueled Rally as Analysts Question Lofty Growth Tar…
Oracle dropped 7% after unveiling huge AI growth targets investors found unrealistic
Oracle’s stock got slammed with a 7% drop on Friday, the company’s worst single-day loss since January, just one day after laying out a flashy new AI-driven roadmap at its Las Vegas AI World conference. This brutal reversal came even as the S&P 500, Nasdaq, and Dow Jones Industrial Average all finished the day solidly in the green, with the Dow jumping 345 points and tech climbing steadily throughout the session. The sell-off followed an overly …
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