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Investing.com -- Oracle Corp (NYSE:ORCL) executive chair and chief technology officer Larry Ellison has cancelled a trading plan that would have allowed him to sell up to 50 million shares of the company, Oracle said on Saturday, adding that no shares were sold under the plan and that he has no other plans to sell Oracle stock.
Oracle Corp. Chairman Larry Ellison canceled his plan to sell as many as 50 million shares in the tech company, a holding worth $7.5 billion, a day after the company disclosed the founder’s divestment plan.
Larry Ellison scrapped plans to sell up to $7.5 billion worth of his Oracle stake, a day after the company disclosed the billionaire’s trading plans. In a statement Saturday, Oracle said Ellison had reversed course. “No Oracle stock was sold under that plan, and he has no other plans to sell any of his Oracle stock,” it said.
Stocks fell this week on oil prices and Fed rate-hike expectations, though Oracle's earnings underscored AI infrastructure strength. MarketBeat analysts recap top stories on earnings, defense, AI, and other stock opportunities.
Oracle Corporation will release its first earnings report after the closing bell on Thursday, Sept. 10. The database software provider has beaten analyst revenue estimates in two straight quarters and in four of the last 10 quarters overall. Analysts expect...
Oracle Corp. increased the scale of its planned job cuts while the company grapples with a cash crunch tied to development of large-scale data centers for artificial intelligence work.
Today, Sept. 11, 2026, enterprise server demand from AI spending drove the stock up over 12%, with record quarterly revenue and networking strength fueling investor confidence.
Oracle's cloud and AI momentum is accelerating, with surging IaaS revenues, strong visibility and improving profitability supporting ORCL's growth.
The stock market fell as oil prices and Treasury yields soared, but rebounded Friday on the CPI inflation report. Apple, Oracle, Meta were key movers.
Wharton professor Jeremy Siegel sees a collision coming between a new Fed chair, a bond market demanding action, and stocks caught in the crossfire at next week's FOMC meeting.
Oracle just revealed a staggering capital spending plan, and the shockwaves landed hardest not on Oracle itself but on three server makers that had no news of their own to justify their sudden surge.
Lee Munson, Portfolio Wealth Advisors president and CIO, joins Yahoo Finance Executive Editor Brian Sozzi to discuss Oracle (ORCL) stock rising after sharing its first quarter earnings report and why investors should be wary.
Record cloud infrastructure revenue and $664B backlog signal robust AI demand ahead.
Oracle stock jumped after cloud revenue sales grew by 121% last quarter
Oracle stock jumped after cloud revenue sales grew by 121% last quarter
Oracle Raises $90 Billion Revenue Target as AI Boom Sends Stock Higher
The August consumer price index, out at 8:30 a.m. ET, is the last hope to avoid a Federal Reserve rate hike next week, but the chances appear to be fading with oil prices holding near $100 a barrel. It may take a tepid reading for core CPI inflation to keep the Fed on hold after Thursday's producer price index showed a jump in hospital prices. S&P 500 futures pointed solidly higher early Friday amid a positive reception for Oracle earnings and oil's pullback from above $100 on news that Iran's foreign minister will meeting with Gulf state counterparts to discuss the path to reopening the Strait of Hormuz.
Investing.com - U.S. stock index futures rebounded on Friday as oil prices cooled and investors looked to the latest consumer inflation data for signs that could help markets recover from a difficult week.
Adobe (ADBE) shares fell early Friday after the software maker provided a fiscal fourth-quarter reve
Oracle (NYSE:ORCL) reported fiscal first-quarter 2027 revenue and adjusted earnings above analyst estimates and raised its full-year adjusted earnings guidance. Shares rose about 7% in premarket trading on Friday.
ORCL stock saw a two-day slide ahead of its earnings amid broader market weakness.
📣 “Anyone that's been in the business of doing construction or large-scale infrastructure development, if their plan relies on 100% achievement of every one of their deliverables, we have a term for that.
Sept 11 (Reuters) - U.S. stock index futures bounced back as oil prices cooled on Friday and investors pinned their hopes on the consumer inflation report to end a rough week on a positive note.
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