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ORACLE SHARES SLIDE DESPITE UPBEAT EARNINGS

ADSS

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The world’s second-largest software maker has been transitioning to a subscription-based model in its attempt to tap the benefits of cloud computing. However, Oracle witnessed a slowdown in the demand for one of key products, which resulted in a sales miss for the quarter.

Source: https://www.adss.com/en/market-updates/research/oracle-shares-slide-despite-upbeat-earnings/
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