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Oracle's AI cloud business is booming. Its balance sheet is another story.
Oracle Corporation (NYSE:ORCL - Get Free Report) Director Stephen Rusckowski acquired 25,000 shares of the stock in a transaction dated Tuesday, September 29th. The stock was acquired at an average cost of $139.35 per share, for a total transaction of $3,483,750.00. Following the purchase, the director directly owned…
Oracle Corp. NYSE:ORCL stock is trading slightly lower in Wednesday’s premarket session. Traders are weighing mixed index futures as the stock tries to stabilize near recent lows.Nasdaq futures were down 0.11%, while S&P 500 futures gained 0.06%. The mixed futures setup could keep pressure on large…