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Tuesday’s stock drop has not affected the performance of Oracle shares in an overall sense. Software maker Oracle Corp (NYSE: ORCL) stock fell 12% on Tuesday, marking its biggest such dip since March 2002 when it recorded a percentage drop of 15%. The Tuesday drop, however, may be attributed to the
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Oracle delivered robust numbers for its cloud infrastructure services and is also working on generative AI. ORCL stock shot up by more than 6% on Monday. On Monday, June 12, software giant Oracle Corporation (NYSE: ORCL) reported the results for its fourth fiscal quarter while exceeding Wall Street expectations on
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Oracle reported a net income of $5.02 billion, or $1.68 a share, compared with $2.57 billion, or 79 cents a share, in the year-ago period.Oracle Corp (NYSE: ORCL) stock closed yesterday trading at $72.12, 0.72% down. The drop intensified during Thursday’s premarket as the dip was approximately 5.44% at the
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