{"id":20887,"date":"2025-12-11T08:42:57","date_gmt":"2025-12-11T06:42:57","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/oracle-shares-drop-12-in-europe-after-forecasts-miss-wall-street-targets\/"},"modified":"2026-02-27T16:32:06","modified_gmt":"2026-02-27T14:32:06","slug":"oracle-shares-drop-12-in-europe-after-forecasts-miss-wall-street-targets","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/oracle-shares-drop-12-in-europe-after-forecasts-miss-wall-street-targets\/","title":{"rendered":"Oracle shares drop 12% in Europe after forecasts miss Wall Street targets"},"content":{"rendered":"<div>\n<p class=\"x_MsoNormal\">Oracle said spending would rise by $15 billion compared with earlier estimates, a sign that big capital outlays to chase AI cloud-computing customers is not turning into profit as fast as Wall Street had expected.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">&#8220;Results were mixed with backlog of $523 billion slightly ahead. Despite management&#8217;s commitment to its IG (investment-grade) debt rating, AI debt funding concerns were unresolved,&#8221; wrote Jefferies in a note, sticking to its buy rating.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">&#8211;Reuters&#8211;<\/p>\n<\/div>\n","protected":false},"featured_media":20888,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-20887","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"Shares in Oracle opened almost 12% lower in Frankfurt, tracking United States after hour losses after the company forecast sales and profit that missed analyst estimates","published_date":"2025-12-11 00:00:00","news_description":"Shares in Oracle opened almost 12% lower in Frankfurt, tracking United States after hour losses after the company forecast sales and profit that missed analyst estimates","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/20887","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/20887\/revisions"}],"predecessor-version":[{"id":24760,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/20887\/revisions\/24760"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/20888"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=20887"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=20887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}