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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.
I haven’t seen a drop in banks like this in a long time. Looks like $WFC is still facing pressures from its sales practices scandal..!!
Helping President-elect's America first focus, $WMT set to create 10,000 retail jobs in the US in 2017.
Looks like Trump has his eyes on the $MON and Bayer merger next. He had a meeting with the CEOs and apparently got job promises from them.