Earnings

Oracle shares head for worst day of 2024 after earnings miss

Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco, California, U.S., on Sunday, Oct. 1, 2017. David Paul Morris | Bloomberg | Getty Images Oracle shares dropped 8% on Tuesday and headed for their steepest drop in a year following the database software vendor’s disappointing earnings…

Earnings

Oracle shares slide on earnings and revenue miss

Oracle chairman and chief technology officer Larry Ellison speaks at the Oracle OpenWorld conference in San Francisco on Sept. 16, 2019. Justin Sullivan | Getty Images News | Getty Images Oracle shares slid 7% in extended trading on Monday after the database software company reported fiscal second-quarter results that fell short of analysts’ estimates. Here…

Earnings

Salesforce surges on revenue beat, AI growth prospects – here’s our new price target for the stock

Pedestrians near Salesforce Tower in San Francisco, California, on Wednesday, Jan. 25, 2023. Marlena Sloss | Bloomberg | Getty Images Shares of Salesforce surged in extended trading Tuesday after the enterprise software giant reported better-than-expected quarterly revenue and issued a solid forecast for the current period. But most importantly, the company showed that Agentforce, its…

Earnings

Salesforce shares rise after earnings beat on revenue, fourth-quarter guidance

Marc Benioff, chief executive officer of Salesforce, speaks during the World Economic Forum in Davos, Switzerland, Jan. 18, 2024. Halil Sagirkaya | Anadolu | Getty Images Salesforce shares were up 9% on Tuesday after the company’s fiscal third-quarter earnings report showed revenue and fiscal fourth-quarter guidance that exceeded analysts’ expectations. Here’s how the company did…

Earnings

Okta shares pop 18% on earnings beat, strong guidance

Todd McKinnon, CEO and co-founder of Okta, speaks during the BoxWorks 2019 Conference in San Francisco, California, on Oct. 3, 2019. Michael Short | Bloomberg | Getty Images Shares of Okta popped more than 18% in extended trading Tuesday after the identity management company released third-quarter results that beat analysts’ estimates and offered rosy guidance.…

Earnings

CrowdStrike raises annual forecast on steady cybersecurity demand

CrowdStrike Holdings Inc. signage on the floor of the New York Stock Exchange on July 22, 2024. Michael Nagle | Bloomberg | Getty Images Cybersecurity firm CrowdStrike raised its annual revenue and profit forecasts and beat third-quarter revenue estimates on Tuesday, betting on growing demand for cybersecurity services amid increasing online threats. Businesses are increasingly…