Oracle's (NYSE:ORCL) internal documents showed that the fast-growing cloud business has thin gross profit margins in the past year or so, lower than what many equity analysts have forecast, The ...
Oracle Corp. shares fell nearly 7% after a report revealed lower-than-expected profit margins in its cloud computing segment.
According to some media reports, nearly two-thirds of the company’s roughly $500 billion ... Committed to spending $60B ...