Bleaker Q3 outlook for Oracle despite strong cloud growth

Trevor Treharne
clock • 2 min read

Vendor's cloud revenue increased 44 per cent in Q2, but such heady cloud spikes are set to be short-lived

Oracle has posted strong Q2 figures with a 44 per cent spike in cloud revenue, but the vendor's shares plunged seven per cent in after-hours trading over a less emphatic future outlook. For Q2 t...

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