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Oracle Stock Falls After Earnings Report Disappoints

Por: MarketWatch Business December 11, 2023

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Heading into the earnings announcement, Oracle shares had rallied 40% this year, in no small measure driven by the continued rapid growth of the company’s cloud computing business. Oracle’s OCI, or Oracle Cloud Infrastructure, has muscled its way into what had been widely perceived as an exclusive three-way battle among Amazon Web Services, Microsoft Azure, and Google Cloud.  On the other hand, Oracle is struggling to , an electronic health... + full article



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