Oracle Shares Tumble on Lackluster Guidance. Is It Time to Buy the Stock on the Dip or Stay Away?
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Oracle shares fell after the company missed analyst estimates and provided lackluster guidance for its fiscal 2025 second-quarter results. Despite a strong year due to its cloud infrastructure business, the recent performance has raised concerns.
December 14, 2024 | 9:30 am
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Oracle's stock price declined due to missing analyst estimates and providing lackluster guidance for fiscal 2025 Q2, despite a strong year driven by its cloud infrastructure business.
Oracle's stock price is negatively impacted due to the company missing analyst estimates and providing tempered guidance. This suggests potential short-term challenges, despite the strength in its cloud infrastructure business.
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