Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco, California, U.S., on Sunday, Oct. 1, 2017.David Paul Morris | Bloomberg | Getty ImagesOracle shares dropped 8% on Tuesday and headed for their steepest drop in a year following the database...
Check out the companies making headlines in midday trading. Alphabet — The online search giant operator launched its latest quantum chip, called Willow. Alphabet said this marks a major breakthrough in the field of quantum computing, leading shares 4% higher. Quantum computing is considered as the next frontier for...
Check out the companies making headlines before the bell. Oracle — The database software company slid roughly 7% after posting fiscal second-quarter earnings and revenue that lagged analysts' estimates. Oracle also issued guidance for the current quarter, calling for revenue growth of 7% to 9% and adjusted earnings of...
Check out the companies making headlines in extended trading. Oracle — Stock in the computer technology company slipped 5% after Oracle slightly missed fiscal second-quarter earnings estimates. The firm reported adjusted earnings of $1.47 per share, while analysts polled by LSEG were looking for $1.48 a share. Oracle's revenue...
Oracle chairman and chief technology officer Larry Ellison speaks at the Oracle OpenWorld conference in San Francisco on Sept. 16, 2019.Justin Sullivan | Getty Images News | Getty ImagesOracle shares slid in extended trading on Monday after the database software company reported fiscal second-quarter results that fell short of...
Check out the companies making headlines in midday trading: Hershey , Mondelez International — Hershey shares jumped roughly 13% after Bloomberg News reported that Cadbury and Oreo maker Mondelez is again trying to buy the chocolate company. News of the attempted takeover put Hershey shares on pace for their best...
U.S. President-elect Donald Trump holds an award during the FOX Nation's Patriot Awards at the Tilles Center on December 05, 2024 in Greenvale, New York.Michael M. Santiago | Getty ImagesOptimism about household finances hit a multiyear high following Donald Trump's presidential election victory in November, according to a New...
Check out the companies making headlines in premarket trading. Nvidia — Shares slid 2% after China said a regulatory body launched an investigation into the chipmaker. The State Administration for Market Regulation was looking at potential antimonopoly law violations, according to the Chinese government. Advanced Micro Devices — The...
President-elect Donald Trump's fresh tariff threats ignited fears of another high-stakes trade war. Berkshire Hathaway Chair and CEO Warren Buffett opined at length in 2018 and 2019 about the trade conflicts that erupted during Trump's first term. Then, the "Oracle of Omaha" said the Republican's aggressive moves could cause...
Jerome Powell, chairman of the US Federal Reserve, during the New York Times DealBook Summit at Jazz at Lincoln Center in New York, US, on Wednesday, Dec. 4, 2024.Yuki Iwamura | Bloomberg | Getty ImagesFriday's jobs report virtually cements that the Federal Reserve will approve an interest rate cut...