Oracle stock falls on slowing cloud sales growth

89,217 次觀看・1 年前

Oracle (ORCL) shares are tumbling in early trading after reporting mixed fiscal first quarter results. The tech giant's earnings were better than expected, but revenue was a little lighter than anticipated. Part of the problem are concerns about slowing growth in the company's cloud unit. Yahoo Finance's Seana Smith and Brad Smith discuss the rate slow down and its connection to generative AI.

More Yahoo Finance Oracle coverage:

- Apple event, Oracle earnings, Arm strategy: 3 Things