Oracle, headquartered in Austin, Texas, employs 159,000 people and offers cloud, hardware, and services across global IT environments. Its products include enterprise applications, infrastructure technologies, and various deployment models.
ORCL has been in the news recently: Oracle's quarterly results showed earnings of $1.47 per share and revenue of $14.13 billion, which fell short of estimates, despite a significant 49% increase in cloud infrastructure revenue to $2.7 billion. Additionally, a newsletter noted Oracle's revenue miss in the context of a broader 5.3% drop in the Nasdaq since Election Day.
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