Similar Stories to Oracle's Cloud Sales Climb, But Forecast Disappoints on Bing News

Oracle Corp.’s shares sank 6.5% in late trading Monday after the company disappointed Wall Street with its guidance for cloud-computing revenue in the current quarter—the third-consecutive period it has done so.

Topics:  corp   wall street   cloud   
BING NEWS:
  • Salesforce Darkens the Skies for Cloud Software as AI Threat Looms
    Growth slows as big deals are taking longer to close and AI hype isn’t yet paying off.
    05/30/2024 - 8:33 am | View Link
  • Salesforce plummets as weak forecast sparks concerns of AI competition
    Salesforce shares sank 16% before the bell on Thursday after its lowest quarterly revenue growth forecast on record raised fears that high interest rates and AI offerings from rivals were hampering ...
    05/30/2024 - 5:22 am | View Link
  • Salesforce shares tumble as soft cloud demand hurts forecasts
    Salesforce forecast second-quarter profit and revenue below Wall Street estimates on Wednesday due to weak client spending on its cloud and enterprise business products, sending its shares down more ...
    05/29/2024 - 10:35 am | View Link
  • Salesforce plummets on weak Q1 sales, forecast
    Salesforce (CRM) shares plunged in extended-hours trading after the enterprise software giant reported fiscal first-quarter results and guidance that missed estimates. Read for more.
    05/29/2024 - 9:09 am | View Link
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