Want to join the conversation?
$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.
$DB is going to cut off services for about 3,400 clients in equities trading.
$F stock slid more than 2% after the company issued two safety recalls involving more than 650,000 Ford Fusion and Lincoln MKZ model cars.
The new CEO of $SBUX, Kevin Johnson, has some pretty large shoes to fill but there are many who have good faith in his ability to do so.
$TSLA opening a showroom in Michigan. A bold move !!