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Oracle (ORCL) stock was up 1.7% in after-hours trading Wednesday, after the largest Silicon Valley-based software maker posted fiscal Q2 earnings that beat expectations. Revenue for period ended Nov. 30 fell 6% from the year-earlier quarter and just missed Wall Street estimates, but the company showed strong double-digit growth in its rising cloud software businesses. Company executives are expected to give Q3 guidance a little later Wednesday, on Scalper1 News
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