Earnings

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Oracle recently reported its quarterly earnings, surpassing Wall Street’s expectations and resulting in a 13% increase in shares during extended trading. The company’s performance in the fiscal third quarter ending February 29 outperformed estimates by LSEG. Oracle reported adjusted earnings per share of $1.41, compared to the expected $1.38. Additionally, the company’s revenue reached $13.28
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The shares of Teleperformance took a significant hit, dropping by 20% after the company failed to meet its full-year revenue target. This decline was attributed to concerns about the “volatile economic environment” and the potential impact of artificial intelligence on the company’s business model. With companies increasingly turning to AI to enhance their operations, investors