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Oracle results top estimates on cloud boom

By Staff Writer

Jun 15 2022 7:02AM

Total cloud revenue rose 3 percent.

Oracle results top estimates on cloud boom

(Reuters) -Cloud and enterprise software firm Oracle Corp topped Wall Street estimates for quarterly profit and revenue on Monday, as more businesses increased spending on cloud services while transitioning to a hybrid work environment. Shares in the Austin, Texas-based company, which have ...

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