Oracle Corp. (ORCL) reported third quarter non-GAAP EPS of $0.65 after the bell Wednesday, up from $0.62 a year ago. Total revenues were down 1% to $9.0 billion. The consensus estimates were for EPS of $0.66 and revenues of $9.38 billion.
Oracle has gapped open sharply lower Thursday and is now down 3.13 at $32.64 on above average volume. The stock has fallen to nearly a 3-month low and has dropped beneath its 50-day moving average.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.