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$ORCL said that for FY16, total software and cloud revenues totaled $29Bil, up 3% in constant currency. Cloud SaaS and PaaS on the other hand grew 52% to $2.2Bil. $ORCL said its SaaS and PaaS business has grown to a point where it expects the dollar growth in SaaS PaaS revenue to exceed the dollar decline in new software licence in FY17 & beyond.
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.