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Total cloud revenues were up 34%, within the cloud business $ORCL continues to see excellent momentum in SaaS and PaaS with bookings growth of 165% in 1Q16 on top of the 54% growth from 1Q15. SaaS and PaaS revenue was $452MM up 38% from last year, SaaS and PaaS billings grew 70% in U.S. dollars in 1Q16 on top of the 100% growth last quarter.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.