Oracle $ORCL Slides 6.5% on Weak Guidance After Earnings

#12187
TradersCom
Keymaster

It these price cuts it may get to the margins in the industry become too compressed for cloud computing to be attractive to companies offer it – not that that will change the war going on historical cost cuts in tech services but one you should account in the profitable of the business for stocks. Can see this become a loss leader for $ORCL, $IBM $MSFT etc for other services – $AMZN the leader market wise and they are all about loss leading 🙂