Shares of database and cloud giant Oracle (NYSE: ORCL) plunged as much as 8.1% on Friday, before recovering slightly to a 6.9% decline on the day. Oracle held an analyst-attended Investor Day ...
The company’s presentation revealed a business in transition, successfully pivoting toward cloud services while maintaining overall growth. Despite posting record-high revenues and profits, Oracle ...
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Why Oracle Fell Hard Today
Oracle held an Investor Day for analysts yesterday. At the event, Oracle increased its already robust long-term guidance. However, investors apparently sold the news as they ascribed some risk to the ...
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