Scalper1 News
Investors might want to take a more critical look at Oracle (ORCL) as the company continues to work through its transition from selling software licenses to a subscription cloud model. That’s the message from Steve Koenig, an analyst for Wedbush Securities, who on Thursday lowered his earnings and revenue estimates for this year and next year, citing uncertain currency issues and “cautious assumptions” for software and hardware support sales. He Scalper1 News
Scalper1 News