Oracle Stock Edges Higher Wednesday: What's Going On?
Following a post-earnings pullback over the past week, Oracle Corp (NYSE: ORCL) shares are trading higher Wednesday morning, stabilizing as investors weigh heavy capital expenditure plans against fundamental cloud momentum.
Oracle shares went up today after dropping last week. Investors are trying to figure out if big spending plans are worth the strong cloud business growth.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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