Oracle Shares Tumble After Earnings Miss—Larry Ellison’s Fortune Loses $15 Billion
Larry Ellison, Oracle’s billionaire co-founder, had his net worth cut by $15 billion Tuesday as the company’s stock paced its worst loss in nearly a year, after a recent earnings report that fell short of estimates, though analysts remained optimistic about the database software firm.
Oracle's Larry Ellison is the NBJ's Newsmaker of the Year
Ellison — Oracle Corp. 's co-founder and former CEO as well as its current chairman and chief technology officer — is who the Nashville Business Journal newsroom selected as 2024's Newsmaker of the Year. The annual profile spotlights someone who influenced and drove one or more of the year's major events and storylines.
Oracle shares head for worst day of 2024 after earnings miss
Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco, California, U.S., on Sunday, Oct. 1, 2017. Oracle shares had their steepest drop in a year on Tuesday following the company's disappointing earnings report.
Shares of Oracle Corp. fell the most in a year after the software giant reported lukewarm quarterly revenue, disappointing ...
The software giant reported $4.21 billion in profit, or $1.47 per share, for the three months that ended in late November.
Palantir Technologies Inc. is positioned to become "the next Oracle" in 2025, according to Wedbush Securities Managing ...
Oracle’s growth momentum remains strong despite short-term setbacks. Read why ORCL stock’s post-earnings decline is a chance ...
Oracle's shares tumbled more than 9% on Tuesday after its quarterly revenue fell short of Wall Street expectations, signaling ...
Jim Cramer urged investors on Tuesday to view Oracle Corp. as a buying opportunity following its post-earnings decline, while ...
Oracle’s net income rose 26% from a year earlier, to $3.15 billion. Revenue from cloud services and license support sales ...
Oracle shares tumbled after the cloud company’s second-quarter revenue fell short of Wall Street’s expectations, but analysts ...
There’s never a great time to tell investors your bills are going to double. For Oracle, its latest earnings report proved a ...
Given its better valuation, we believe that Salesforce stock (NYSE: CRM) is currently a better pick over its peer, Oracle ...
Oracle posted sales of $2.4 billion for its cloud infrastructure business in its Q2 fiscal year 2025 earnings this week, an ...
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