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Oracle Reports Slower Sales Growth in Cloud Business
Posted
December 11, 2023
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1,887
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December 11, 2023
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2:58Now PlayingOracle Corp. reported slowing quarterly sales growth in its cloud computing business, fueling investor fears that the software maker's expansion efforts have yet to gain ground in the competitive market. The shares fell about 8% in extended trading. Anurag Rana of Bloomberg Intelligence discusses on "Bloomberg Markets: The Close."
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