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Oracle may be hit by same ‘softening macro trends’ affecting other software firms, analyst says

Por: MarketWatch Business December 10, 2022

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While acknowledging that it’s hard to predict how Oracle fared in its recently completed fiscal second quarter, for which it reports results on Monday, Guggenheim analyst John DiFucci believes the company “must be seeing some of the softening macro trends impacting every other software company.” However, there are factors in Oracle’s business that can “at least partially mitigate macro headwinds,” DiFucci wrote in a note Wednesday.... + full article



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