Oracle just revived fears that tech giants are spending too much on AI

AI spending is front and center again for investors. Oracle plunged Thursday, with top hardware makers including Nvidia and Broadcom also dropping.

Oracle Stock Drops 11% After Second Quarter Revenue Misses Estimates

While the cloud giant beat earnings per share and sales growth forecasts, its revenue numbers came in lower than expected.

The Fed's hawkish cut, Oracle earnings, Coca-Cola's next CEO and more in Morning Squawk

The latest C-suite shakeup came last night: Coca-Cola announced operations chief Henrique Braun will succeed James Quincey as CEO next year.

Larry Ellison Loses $27 Billion in Oracle Stock Drop

Oracle stock fell 11% today, as investors fret over how much the company is spending to build out AI data centers for OpenAI and others. Oracle Chairman Larry Ellison, whose roughly 40% stake has made

Oracle investors have questions about its spending

Oracle shares slid more than 6% on Wednesday in after-hours trading, after the software giant posted revenue results that missed expectations.
The Economist

Oracle and the hard truths about software

Alphabet, Amazon, Meta, and Microsoft—and, more recently, Oracle have poured money into data centres crammed full of pricey AI chips. The combined capital expenditure of the five tech companies reached $313bn in the 12 months to the end of June,

Stock Market Today: Dow Rallies to a Record as Oracle Weighs on Nasdaq

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