fromwww.bbc.com3 weeks agoBusinessShares in AI giant Oracle fall after revenue missOracle's shares fell over 10% after revenue missed expectations despite strong 68% AI-driven OCI growth and a large OpenAI computing contract.
fromTechzine Global3 months agoArtificial intelligenceCloud costs put pressure on Oracle sharesOracle earned about $900 million from renting Nvidia-equipped servers but only about $125 million gross profit, pressuring margins and its share price.