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Are Oracle’s Earnings a Sign of Trouble

Artificial intelligence (AI) stocks have yielded fantastic results for investors in recent years. Since the start of 2023, the Global X Artificial Intelligence & Technology ETF has risen by around 150%. During that stretch, the S&P 500 has climbed by a more modest rate of 78% (returns as of Dec. 15). But when stocks rise so quickly in a relatively short time frame, there are inevitable concerns about valuations and whether stocks have become too expensive. Many analysts and investors have also become worried about a possible bubble in the markets, with the potential for a massive sell-off looming, not unlike the one that tech stocks suffered in 2022.Oracle posted its latest earnings numbers on Dec. 10. While the tech company’s adjusted earnings per share totaled $2.26 and came in better than estimates of $1.64, its revenue fell short — $16.06 billion compared with forecasts of $16.21 billion for the period ending Nov. 30. These metrics were mixed, but not really a cause for concern. What is your take o Oracle stocks ?

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