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From Oracle to Broadcom, the concerns about artificial intelligence stocks are starting to pile up
Artificial intelligence stocks now trade at high valuations. The large AI players are investing tens of billions, if not hundreds of billions, into AI infrastructure, such as data centers. Investors ...
Dominik Bošnjak is a freelance writer from Croatia. He has been writing about games for as long as he can remember and began doing so professionally circa 2010. If he was forced to pick a favorite ...
Futures on Wall Street have tanked in late hours trading on Wednesday after weak results from Oracle Corp. have yet again raised concerns over the heavy AI spends not yielding the desired returns.
Oracle’s $2.26 EPS beat relied on a $2.7B one-time gain. Core earnings missed at $1.33 versus $1.64 expected. CapEx guidance jumped $15B to $50B for fiscal 2026. Free cash flow burned $10B for the ...
Shares of cloud computing giant Oracle plunged on Thursday, after weaker-than-expected revenues stoked concerns about returns from massive spending on artificial intelligence. The company's shares ...
Oracle (ORCL) shares fell 7% in extended trading on Wednesday as the IT giant continued to rack up deals, but its fiscal second-quarter results were mixed compared to Wall Street's forecast. For the ...
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