Scalper1 News
Software giants Oracle (ORCL) and Red Hat (RHT) are all set to report their quarterly results this week. Can they follow industry group peer Adobe (ADBE) with earnings beats of their own? Oracle reports after the close on Wednesday. Analysts expect earnings to fall 13% while revenue drops 6%. As financial results have been lackluster for the past year or so, Oracle’s stock has underperformed. Shares are trading 20% below their high reached on Scalper1 News
Scalper1 News