Oracle Plunges 10% After Earnings, Salesforce Slips Near 52-Week Lows as Cloud Stocks Slide
Oracle’s cloud revenue miss and planned $40 billion financing overshadowed a quarterly beat, while Salesforce slid as AI disruption fears pressured software stocks.
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Salesforce's AI Business Is Growing More Than 200%, but the Stock Is Near a 52-Week Low. Something Has to Give.
Key PointsSalesforce's Agentforce annual recurring revenue reached $1.2 billion last quarter, up 205% year over year.The stock is down about 37% in 2026 and trades near its 52-week low.Management expects revenue growth to reaccelerate in the second half of fiscal 2027.10 stocks we like better than Salesforce › Shares of software giant Salesforce (NYSE: CRM) are trading near a 52-week low as of this writing, down about 37% year to date -- a slide…
Oracle Plunges 10% After Earnings, Salesforce Slips Near 52-Week Lows as Cloud Stocks Slide
Shares of Oracle (NYSE:ORCL | ORCL Price Prediction) are down 10% to $182.25 in early trading Thursday, following the company’s Q4 FY2026 earnings report released after the bell Wednesday. The slide is dragging on cloud and enterprise software names, with Salesforce (NYSE:CRM) stock down 1.28% to $168.80 and trading near its 52-week lows. Oracle stock ... Oracle Plunges 10% After Earnings, Salesforce Slips Near 52-Week Lows as Cloud Stocks Slide
Oracle closed its fiscal year 2026, ended on May 31, with a net profit attributed record of 14,707 million euros (16,984 million dollars), which represents an annual increase of 36.5% over the previous year, according to the company. The figure places the technological giant at its best historical moment thanks to the push of the cloud and artificial intelligence.A fiscal year of absolute record The turnover of the multinational reached 58,327 m…
The Oracle technology recorded a net profit allocated of 16,984 million dollars (about 14,707 million euros) in the fiscal year ended 31 May, an increase of 36.5% regarding the previous year, the company informed.
Oracle records a disappointing growth in the fourth fiscal quarter with a net profit of $4.3 billion and triggers the alarms for the profitability of the artificial intelligence business.The software company based in Austin, Texas, obtained a profit, excluding some elements, of $2.11 per share compared to the analysts' estimates that set it at $1.97 per share on a revenue of $19.1 billion.
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