Oracle beats on earnings, but stock drops on plans to raise another $20 billion

Oracle reported better-than-expected earnings and revenue for its fiscal fourth quarter.

https://www.cnbc.com/2026/06/10/oracle-orcl-q4-earnings-report-2026.html

#TopNews #News #Oracle #StreetAccount #LSEG

Sweden Herald - Latest Sweden News | Alphabet revenue beats expectations by Sweden Herald

AI generated summary, Read the full article for complete information.

Alphabet’s quarterly report showed stronger‑than‑expected performance, with earnings per share of $5.11 and revenue of $109.9 billion—surpassing analysts’ $107.2 billion forecast. Google Cloud contributed $20 billion in sales, well above the $18.05 billion estimate and reflecting a 63 % year‑over‑year increase. The upbeat results sent the stock up about 3.8 % in after‑hours trading, keeping Alphabet as the world’s third‑largest publicly traded company.

Read more: https://swedenherald.com/article/alphabets-revenue-beats-expectations

#Alphabet #GoogleCloud #LSEG #StreetAccount #NewYorkStockExchange