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$ORCL, which competes with $INTC, said it grew 2Q16 SaaS and PaaS revenue 38% in constant dollars and expects this revenue growth rate to accelerate to nearly 50% in 3Q16. Total cloud revenues were $649MM, up 26% in US dollars. $ORCL is still on-target to sell and book more than $1.5Bil of new SaaS and PaaS business in FY16.
$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 !!