Oracle (NYSE:ORCL) Launches AI Centre Of Excellence In Singapore For Innovation And Training

Oracle (NYSE:ORCL) faced a 6.6% decline in share price over the past week amid a broader stock market downturn, which saw the market fall by 4.4%. While Oracle reported strong earnings growth with increased revenue and net income, as well as a 25% hike in its quarterly dividend, these positives were overshadowed by larger market concerns. The tech-heavy Nasdaq and S&P 500 suffered due to uncertainty about broader economic policies and a general tech slump. Although Oracle announced the…