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Oracle pops 21% on growth projections even as earnings miss estimates
Summary by Ground News
9 Articles
9 Articles
Oracle raises annual cloud infrastructure revenue forecast, shares jump
Oracle said on Tuesday it expects revenue in its Oracle Cloud Infrastructure business to grow 77% this year, from earlier projections of 70%, boosted by growing cloud demand and sending its shares up 20% after the bell.
·United Kingdom
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Total News Sources9
Leaning Left2Leaning Right2Center5Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
L 22%
C 56%
R 22%
Factuality
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