Nyse:orcl financials

Oracle ORCL nyse:orcl financials its third-quarter earnings, coming just in line with revenue estimates while beating adjusted earnings per share EPS expectations. Meeks describes the earnings report as "incrementally positive" for the stock, acknowledging that following their previous quarterly earnings, estimates were revised downward significantly. Despite beating EPS estimates, Meeks nyse:orcl financials that "it was a very low bar" to surpass, nyse:orcl financials, implying that the achievement was not particularly impressive. While Oracle's investments and capabilities in artificial intelligence AI may drive some growth, Meeks believes the company's legacy business will "continue to dampen the overall growth rate," limiting its upside potential.

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Nyse:orcl financials

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Nyse:orcl financials

The company hasn't been able to capitalize on AI the way other group members have and there are growing concerns about iPhone sales in China. Yahoo Finance's Jared Blikre takes a closer look at Apple's charts to see what may lie ahead for the stock. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Stephanie Mikulich. Aguilar highlights a notable shift in the mega-cap tech sector, transitioning from being "a momentum trade to a fundamental trade" due to fading AI hype. He emphasizes that for these companies to deliver on future expectations, they will require significant capital expenditure and research and development investments. As expectations for these stocks remain elevated, "investors are questioning" whether the current levels of gains can be sustained over the long term. Editor's note: This article was written by Angel Smith. Are these companies doomed to fall from the pack or does the dip represent an opportunity to buy? Gianarikas notes that for Tesla's stock to experience a turnaround, several developments must emerge from the automaker's record research and development spending: "First, the next generation vehicle has to start to ramp, or people have to gain confidence that it's going to ramp and be successful.

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Top Individual Investors. Dividend Calculator. Webinar Center. Top-Performing Corporate Insiders. Make informed decisions based on Top Analysts' activity. Become an Affiliate. Penny Stocks. The company has pitched itself as a low-cost cloud provider and spent billions of dollars on Nvidia chips as it looks to compete with industry heavyweights Amazon. Financing Cash Flow. Stock Buybacks. Compare ETFs. Yahoo Finance. Crypto Center. Net Income Common Stockholders. My Watchlist.

Oracle could suffer below average growth as customers are prompted to change databases and software providers in their transition to the cloud. Morningstar brands and products. Investing Ideas.

Market Holidays. Federal Funds Rate. Jun 10, - Jun 14, Best Dividend Stocks Popular. Stock Report. Dollar Cost Averaging New. Most Visited Websites. Dividend Aristocrats. Data showing signs of a robust economy slowed the stock market's rally last month, as traders pushed back expectations on the timing of the first Fed rate cut to June from March. Oracle ORCL reported its third-quarter earnings, coming just in line with revenue estimates while beating adjusted earnings per share EPS expectations. Top Smart Score Stocks Popular. ETF Screener Popular. Working with TipRanks. Inflation Rate. Ideas Stocks.