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Oracle’s AI investments spook investors despite another impressive earnings and revenue beat
Shares of Oracle Corp. fell 9% in late trading today even though it surpassed Wall Street’s expectations on earnings and revenue and raised its profit forecast for the next financial year. The problem
Shares of Oracle Corp. fell 9% in late trading today even though it surpassed Wall Street’s expectations on earnings and revenue and raised its profit forecast for the next financial year. The problem: The database and cloud infrastructure giant revealed plans to raise even more debt to fund its ongoing artificial intelligence data center buildout. The […] The post Oracle’s AI investments spook investors despite another impressive earnings and revenue beat appeared first on SiliconANGLE.
Source: SiliconANGLE | 2026-06-10