Oracle set to report earnings as Wall Street looks for cracks in the AI bubble

Oracle (ORCL) is set to report quarterly earnings after the bell on Wednesday. Wall Street is closely watching the cloud firm's results for any signs of cracks in the AI bubble. The fast-growing AI player is expected to report earnings per share of 1.64foritsfiscalsecondquarter,accordingtoconsensusestimatesofanalyststrackedbyBloomberg,upfrom1.64 for its fiscal second quarter, according to consensus estimates of analysts tracked by Bloomberg, up from 1.47 the previous year. Oracle is projected to report revenue of $16.21 billion for the period, up 15% from the year-ago quarter. And the tech firm ...