Cloud revenue soared 62% in the quarter to $11.6 billion, topping the $11.51 billion consensus among analysts polled by ...
Meanwhile, Jefferies reiterated its Buy rating and $290 price target, highlighting Oracle's significant backlog.
Sept 12 (Reuters) - Oracle said on Saturday that its co-founder and executive chairman Larry Ellison had canceled a plan to sell up to 50 million Oracle shares, worth about $7.5 billion at Friday's ...
Oracle founder Larry Ellison has canceled his plan to sell up to $7.5 billion worth of stock in the software company.
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