Oracle Resurgence Might Be Coming, But Likely Not Yet
Investors will have to wait a little longer for any revenue resurgence from Oracle (ORCL). That’s the assessment from analysts ahead of the business software giant’s fiscal second-quarter earnings report after the market close Wednesday. Oracle is the longtime database leader and vies with SAP (SAP) for the No. 1 position in business application software, but its growth has stalled as it struggles to adapt to the fast-growing cloud-computing era.