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Why Oracle stock plunged more than 12% this week
While Oracle topped Wall Street's earnings expectations, it fell short of revenue targets, and its surging capital expenditures are making shareholders uneasy. Broadcom added to the market's anxiety ...
Oracle stock tumbled after its second-quarter report. Heavy spending on AI infrastructure has been slow to boost revenue, and profitability is a question mark. Investors appear to be skeptical of the ...
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Why Oracle stock is plummeting today
Oracle beat Wall Street's earnings targets but missed the Street's revenue projections. The company is relying on expensive debt to fund its substantial -- and growing -- capital expenditures, making ...
RUNNING A GIANT software business used to be fun. Sure, coming up with a great product was a grind. But once you had one that customers could not live without—be it Microsoft Office, Amazon.com, ...
Penn is investigating a cybersecurity breach of its Oracle E-Business Suite servers that compromised the personal information of University-affiliated individuals across multiple states. The breach — ...
US-headquartered GlobalLogic has notified thousands of current and former employees that their data was compromised in a recent large-scale data extortion campaign. According to a notification letter ...
The Washington Post has said that it was one of the victims of a hacking campaign tied to Oracle’s suite of corporate software apps. Reuters first reported the news on Friday, citing a statement from ...
Meta Glasses have quickly become one of the most advanced pieces of wearable tech available today. Designed to merge the physical and digital worlds, these glasses bring augmented reality (AR) to life ...
WASHINGTON, Nov 6 (Reuters) - The Washington Post said it is among victims of a sweeping cyber breach tied to Oracle (ORCL.N), opens new tab software. In a statement released on Thursday, the ...
The list of enterprises targeted by recent Oracle EBS attacks may also include Schneider Electric, Pan American Steel, and Cox Enterprises. Earlier this month, the infamous ransomware-as-a-service ...
Oracle has issued an emergency security update over the weekend to patch another E-Business Suite (EBS) vulnerability that can be exploited remotely by unauthenticated attackers. Tracked as ...
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