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Oracle Stock Is Dropping. Revenue Disappointed.

Photo of Nora James Nora James March 9, 2023
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Oracle Stock Is Dropping. Revenue Disappointed.
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Oracle


stock is falling after the software company posted slightly worse-than-expected revenue results for its latest quarter.

“Our strong quarterly earnings growth was driven by 48% constant currency growth for the total revenue of our two cloud businesses, infrastructure and applications,” Oracle (ticker: ORCL) CEO Safra Catz said in the release.

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