Scalper1 News
Oracle’s (ORCL) stumble in what is typically a seasonally strong fourth quarter underscores the challenges that lie ahead as the company attempts to complete its transition to the cloud and better compete with rivals that include Workday (WDAY) and Salesforce.com (CRM). Oracle stock was down 6% in morning trading in the stock market today after the company’s earnings and revenue for fiscal Q1, which ended May 31, came up short of expectations. Its Scalper1 News
Scalper1 News