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What's Going On With Oracle Stock On Friday?

Oracle Corporation (NYSE:ORCL) shares are trading lower on Friday. On Thursday, the company unveiled Exadata Exascale, a cloud-based data architecture enhancing performance for Oracle Database workloads. The new service combines Exadata’s intelligent database architecture with cloud elasticity to provide high-performance capabilities for AI, analytics, and critical workloads, scalable to any size. Kothanda Umamageswaran, senior vice president of Exadata and Scale-Out Technologies, stated, “By reducing infrastructure costs by up to 95 percent, Exadata Exascale makes it possible for small workloads and small businesses to leverage the benefits of Oracle Exadata for Oracle Databases in ...