Oracle Corporation (ORCL, Financial), a major player in the technology sector, recently reported quarterly earnings that fell short of expectations. The company’s revenue for the third fiscal quarter increased by 6% to $14.1 billion, missing the average analyst estimate of $14.4 billion. Additionally, its cloud business revenue also came in below forecasts, leading to a decline in Oracle’s stock during after-hours trading.
Despite the shortfall, Oracle remains optimistic about its future. The…
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