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Oracle $ORCL numbers were fine but once again...street's having a hard time adjusting to this muc...
2 hours agoamitamitisinvesting
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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Oracle ($ORCL) shares fell over 6% following an earnings report that beat on Revenue and EPS and included raised guidance and a massive RPO increase to $638B. Despite the growth in its datacenter business, the market reacted negatively to the company raising capex from $70B to $90B and plans to raise $40B in new debt/equity for FY 27. The stock was last seen trading at $190.80, down 6.23% in after-hours trading.

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breaking down tech, business, & stocks $PLTR