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Oracle's stock fell nearly 8% after missing earnings estimates and issuing weaker guidance. Oracle's cloud services, driven by AI demand, grew 12% in the last quarter, making up 77% of revenue.
(Reuters) -Oracle's second-quarter revenue grew less than Wall Street expected on Monday, hit by stiff competition among database and cloud services providers, sending its shares down more than 7% ...
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(Reuters) -Oracle said on Monday it is set to make a joint announcement with chip-giant Nvidia, and it beat estimates for quarterly profit, riding on the generative AI demand boom, sending shares ...
The Fox News Channel (FNC), commonly known as Fox News, is an American multinational conservative news and political commentary television channel and website based in New York City. [3] [4] It is owned by Fox News Media, which itself is owned by the Fox Corporation. [5]
Fox News Channel acts as the de facto news division of the Fox broadcast network, providing coverage of major breaking news and select live events, such as the State of the Union speech. The network also manages Fox NewsEdge , a distribution service of footage and reports for local Fox affiliates' news broadcasts.
(Reuters) - Oracle shares fell 9% in premarket trading on Tuesday as another quarter of below-expectations cloud sales and a bleak forecast amplified concerns over the pace of growth at the ...