Oracle Added $85 Billion in Orders… Then Fell 10% Lost $55 Billion in Market Value
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Oracle Added $85 Billion in Orders… Then Fell 10% Lost $55 Billion in Market Value
Oracle just delivered one of the strongest quarters in its history. Revenue rose 21%, Oracle Cloud Infrastructure grew 93%, and its backlog expanded by $85 billion to reach a massive $638 billion. Yet despite these impressive numbers, Oracle stock fell 10% after earnings. The reason? Investors looked beyond the headline growth and focused on ...
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Oracle has laid off 21,000 employees citing AI. AI billionaires want to replace millions of workers. We need a plan to keep Americans employed.
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