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Oracle’s cloud biz heading in the wrong direction right now

19 Mar Oracle’s cloud biz heading in the wrong direction right now

Posted at 18:36h in Uncategorized by
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Oracle announced its quarterly earnings last night, detailing that its cloud business grew 32 percent to $1.6 billion in the quarter. That might sound good at first blush, but it’s part of three straight quarters of reduced growth — a fact that had investors jittery over night. It didn’t get better throughout the day today […]
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