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IT giant $ORCL said Cloud software as a service (SaaS) and platform as a service (PaaS) revenue was $583MM in 3Q16, up 57% YoverY. Cloud infrastructure as a service (IaaS) revenue was $152MM, down 2% YoverY. "We are growing much faster than Salesforce.com. We also have many more SaaS products than Salesforce.com," said Chairman & CTO Larry Ellison.
$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 !!