Oracle quarterly profit halves, shares fall

04:40pm, Thursday, 10'th Mar 2022
Oracle Corp reported a sharp decline in third-quarter profit, as the business software and cloud firm spends heavily in building out data centers across the world, and also recorded losses from some o
Investments in a gene-sequencing company and a server chip maker cut into Oracle's earnings, which came in below expectations.
Oracle Corp. shares fell in the extended session Thursday after the database-software company's earnings missed Wall Street estimates.

Oracle''s cloud business seen as ''the driver,'' of Q3 results

12:05pm, Thursday, 10'th Mar 2022 Seeking Alpha
Oracle is set to report fiscal third-quarter results after Thursday''s market close, with its cloud transition expected to remain its main driver of revenue growth.
TikTok is nearing a deal for Oracle Corp to store its U.S. users' information without its Chinese parent ByteDance having access to it, hoping to address concerns of a U.S. national security panel ove
Patience has literally paid dividends for the Oracle of Omaha.
Pre-open movers U.S. stock futures traded lower in early pre-market trade after the Dow Jones jumped more than 650 points in the previous session. Investors are awaiting earnings results from Oracle
Pre-open movers U.S. stock futures traded lower in early pre-market trade after the Dow Jones jumped more than 650 points in the previous session. Investors are awaiting earnings results from Oracle Corporation (NYSE: ORCL ), JD.com, Inc. (NASDAQ: JD ) and Ulta Beauty, Inc. (NASDAQ: ULTA ). Data on initial jobless claims and the Consumer Price Index for February will be released at 8:30 a.m. ET. The U.S. Treasury budget statement for February will be released at 2:00 p.m. ET. Futures for the Dow Jones Industrial Average dropped 126 points to 33,139.00 while the Standard & Poor’s 500 index futures fell 12.25 points to 4,263.00. Futures for the Nasdaq index fell 58.50 points to 13,676.25. Oil prices traded higher as Brent crude futures rose 3.9% to trade at $115.48 per barrel, while US WTI crude futures rose 2.8% to trade at $111.74 a barrel. The Energy Information Administration’s weekly report on natural gas stocks in underground storage is scheduled for release at 10:30 a.m. ET. The U.S. has …

5 Stocks To Watch For March 10, 2022

09:41am, Thursday, 10'th Mar 2022 Benzinga
Some of the stocks that may grab investor focus today are: Wall Street expects Oracle Corporation (NYSE: ORCL) to report quarterly earnings at $1.18 per share on revenue of $10.51 billion after the

Rivian Earnings, Oracle Profit, Price Index: 3 Things to Watch

09:04pm, Wednesday, 09'th Mar 2022 Investing.com
https://www.investing.com/news/stock-market-news/rivian-earnings-oracle-profit-price-index-3-things-to-watch-2781579
Fourth-quarter global merger & acquisition activity cooled by 14.5% over the year-ago period but remained above $1 trillion in the fifth consecutive quarter as bullish stock prices and low-cost credit

Earnings Previews: DocuSign, Oracle

04:30pm, Wednesday, 09'th Mar 2022 24/7 Wall street
A vintage software powerhouse is one of our previews of two companies reporting earnings later on Thursday.

Earnings Previews: DocuSign, Oracle

11:30am, Wednesday, 09'th Mar 2022
After markets closed Tuesday, online apparel retailer Stitch Fix reported better than expected quarterly results but issued downside guidance.
The facility is set to provide a connected and immersive experience across four key themes: Journey to Cloud (J2C), Business re-imagination stacks (Modern Finance, GenX HR, Resilient Supply Chain, and Direct to Customer), Digitize the Core, and Industry Cloud solutions. The Experience Theatre will be a one-stop-shop for customers to engage with LTI and Oracle experts for in-depth briefings, product/POCs demos, and workshops to visualize and scale future business processes. The facility will amplify LTI''s ability to simulate live project experiences, map-user journeys, provide connected experiences across Oracle''s product portfolio (SaaS, PaaS, and IaaS), and expedite clients'' digital transformation journey.

List of big companies exiting Russia gets longer

01:10am, Wednesday, 09'th Mar 2022 BusinessDay
As Russia’s invasion of Ukraine continues to disrupt global markets markets, more big companies are frowning on Russia’s show of power and are taking action to show solidarity with Ukraine by exiting the world’s largest country one after the other across different sectors. About two weeks after the invasion started, at least 40 companies have left Russia or stopped the sale of their products and services in the county in no particular order. Manufacturing Car and truck makers such as General Motors Company, Ford Motor Company, Volkswagen AG, Toyota Motor Corporation, Harley-Davidson, Mercedes Benz, and Volkswagen, announced they would halt shipments to Russia or shut down assembling plants in the country. Volvo and Daimler Truck Holding AG also suspended business activities in the country. “We clearly stand for peaceful global cooperation and categorically reject any form of military force; we have decided to suspend our business activities in Russia with immediate effect until further notice,” Daimler tweeted via its official handle.
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