Scalper1 News
Oracle’s lackluster first-quarter earnings and abrupt change in CEO, delivered after the market close Thursday, underscore the challenges that the company faces in transitioning its software business into the cloud to compete with smaller but fast-growing rivals such as Salesforce.com (CRM) and Workday. Workday (WDAY) last month reported better than expected Q2 earnings. Oracle (ORCL) stock was down more than 4.5% in early trading in the stock Scalper1 News
Scalper1 News