Software giant Oracle reported better than expected fiscal second quarter earnings after the close Monday. $ORCL faces competition on two main fronts, $AMZN for Cloud infrastructure and $CRM platform database revenue.
Salesforce Reports Higher Earnings and Revenue Growth With Mulesoft Boost
Cloud enterprise software firm Salesforce.com reported better than expected third quarter earnings after the market Tuesday. Technology stocks have been sold off heavily recently and $CRM was up around 3% after the release. Salesforce saw growth from it’s $6.5 billion acquisition of MuleSoft.
Cloud Computing Infrastructure Big Data Trends For 2019
Following the recent technology stock sell off and ahead of cloud enterprise software giant SaleForce.com (CRM) earnings let us revisit the CapEx spending with the major technology companies for data centers and cloud needs from their earnings calls.
Oracle Cloud Services Earnings Dissappoint
Software giant Oracle reported fiscal first quarter earnings after the close Monday missing on revenue but beat on earnings. $ORCL dissappointed in the face of competition on two main fronts, $AMZN for Cloud infrastructure and $CRM platform database revenue.
CRM Cloud Giant Salesforce Beats Earnings But Lowers Q3 Outlook
Cloud enterprise software firm Salesforce.com reported better than expected adjusted fiscal second quarter earnings after the market Wednesday. $CRM hit an all-time high today before the report however lowered 3Q guidance below estimates .
Oracle Earnings Dissappoint 0n Cloud Infrastructure Growth
Software giant Oracle reported fiscal third quarter earnings after the close Monday. $ORCL dissappointed with sales growth in the face of competition on two main fronts with $AMZN for Cloud infrastructure and $CRM for platform database revenue.
Oracle $ORCL Slides 6.5% on Weak Guidance After Earnings
Software giant Oracle reported better than expected first quarter earnings but weak forward guidance has seen the stock $ORCL crushed 6.4% on Friday. This was despite an upbeat picture on it’s cloud segment.
Salesforce.com Raises $CRM Cloud Software Outlook, Beats Earnings
Cloud enterrpise software firm Salesforce.com $CRM reported better than expected adjusted fiscal second quarter earnings after the market Tuesday. CRM raised guidance with unbilled deferred revenue ended Q2 at $10.4 billion.