Oracle's Cloud-Computing Guidance Raises Concerns About Growth

Oracle shares fell Friday after the enterprise software company delivered quarterly earnings late Thursday that topped estimates but gave guidance for the current quarter that fell short.

Following the second-quarter earnings report after the market close Thursday, Oracle shares initially hit a record high of 53.14 then reversed as guidance was revealed, with cloud-computing estimates below forecasts. On Friday, Oracle shares were down 6%, near 49.61, during morning trading in the stock...

What feeling does this article give you?
Joy
Disgust
Fear
Anger
Sadness

More #news: