HomeInvestingEarningsOracle (ORCL) Stock Plummets After Earnings

Oracle (ORCL) Stock Plummets After Earnings

Oracle’s (ORCL) 2Q earnings were just released. Its adjusted EPS came in at $1.34 versus an estimated $1.32 and its revenue came in at $12.94B versus an estimated $13.05B. ORCL said that “demand for our cloud infrastructure and generative A.I. services is increasing at an astronomical rate.” Caroline Woods and Kevin Green join Oliver Renick to discuss the takeaways from these earnings. Tune in to find out more about the stock market today.

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11 Dec 2023

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