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Oracle (ORCL) Sales Disappointson Slowing Cloud Momentum - Bloomberg
12/11/23 at 11:27pm
Organization
Bloomberg
Author
Brody Ford
47 words
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Oracle Corp. reported slowing quarterly sales growth in its cloud computing business, fueling investor fears that the software maker’s expansion efforts have yet to gain ground in the competitive market. The shares fell about 8% in extended trading.
Business & Industrial
Data Management
Oracle
Disappointson
cloud computing business
Bloomberg
Cloud Momentum
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https://www.bloomberg.com/news/articles/2023-12-11/oracle-reports-disappointing-sales-on-slowing-cloud-momentum
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