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ORACLE CERNER BUSINESS
Oracle tumbles as tepid forecast fans cloud growth concernsOracle on Monday blamed supply constraints for the weak results, with CEO Safra Catz saying that demand for the company's generative AI and...
12 Dec, 2023, 09.32 PM IST
Oracle forecasts Q3 revenue below estimates on weak cloud spending, shares fallSticky inflation and high borrowing costs have forced firms to cut back on expenditure, hurting companies like Oracle that depend on enterp...
12 Dec, 2023, 08.43 AM IST
Oracle tumbles as strong cloud competition, Cerner weakness dent forecastThe stock has risen 55% this year on optimism the rise of generative AI would drive up cloud demand. Lower-than-expected revenue for the fi...
13 Sep, 2023, 06.57 AM IST
Oracle tumbles over 10% as strong cloud competition, Cerner weakness dent forecastThe company was on track to lose more than $30 billion in market value. The stock has risen around 50% this year on optimism the rise of ge...
12 Sep, 2023, 08.33 PM IST
Oracle revenue, profit top estimates on cloud boomOracle, which reported a currency headwind of 5% in the fourth quarter, up from 2% to 3% in the third quarter, said it expects substantial ...
14 Jun, 2022, 08.58 AM IST
Oracle's database dominance eroded by rise of cloud-first rivalsThe move to the cloud is challenging the systems of the past. Newer providers are also making it much easier to adopt their technology dire...
13 Jun, 2022, 07.28 AM IST
Oracle gains EU green light for $28.3 bln Cerner dealThe acquisition, Oracle's biggest ever, would give the company access to a trove of data and could increase the number of healthcare client...
02 Jun, 2022, 10.26 PM IST
Tokensation rule will cause 'havoc'; linking Aadhaar to voter ID is 'dangerous'India's technology firms are rushing to petition the Reserve Bank of India to delay the implementation of its tokenisation mandate.
21 Dec, 2021, 07.38 AM IST
Wall Street skids on Omicron worry, obstacle to Biden social-spending packageThe Dow Jones Industrial Average fell 433.28 points, or 1.23%, to 34,932.16, the S&P 500 lost 52.62 points, or 1.14%, to 4,568.02 and the N...
21 Dec, 2021, 07.36 AM IST