Oracle Added $85 Billion in Orders… Then Fell 10% Lost $55 Billion in Market Value
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YouTubeINDmoney
Oracle Added $85 Billion in Orders… Then Fell 10% Lost $55 Billion in Market Value
Oracle just delivered one of the strongest quarters in its history. Revenue rose 21%, Oracle Cloud Infrastructure grew 93%, and its backlog expanded by $85 billion to reach a massive $638 billion. Yet despite these impressive numbers, Oracle stock fell 10% after earnings. The reason? Investors looked beyond the headline growth and focused on ...
10.7K views1 month ago
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Oracle Developer Hub and FREE Courses | Enroll now FREE
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Oracle buying Sun should’ve been a footnote — but for developers it was a fire alarm. Sun owned OpenOffice. Oracle had a reputation. Everyone assumed the free office suite would get smothered. So the community did the most powerful thing open source can do: They forked it. That fork became LibreOffice — backed by The Document Foundation — and it kept shipping while Oracle tried to tighten control. Contributors walked. Momentum moved. OpenOffice ended up at Apache. LibreOffice kept growing… and t
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