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Oracle Added $85 Billion in Orders… Then Fell 10% Lost $55 Billion in Market Value
Oracle just delivered one of the strongest quarters in its history. Revenue rose 21%, Oracle Cloud Infrastructure grew 93%, and its backlog expanded by $85 billion to reach a massive $638 billion. Yet despite these impressive numbers, Oracle stock fell 10% after earnings. The reason? Investors looked beyond the headline growth and focused on ...
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Enterprise resource planning ERP Systems
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0:12
AI consultant reveals a client accidentally spent over £300 million in a single month after failing to set employee limits on Claude usage πŸ€– The staggering bill reportedly came after unrestricted access to Anthropic’s AI assistant allowed thousands of employees to generate massive volumes of requests, driving costs through token based pricing models. Without spending caps in place, usage quickly spiralled into hundreds of millions as teams integrated the tool across day to day operations. The i
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