Poor revenue growth, dropping return on equity, the profit margins melting, and the lackluster operating margin values... Now, this is my gut feeling as there may be a surprise announced today - I highly doubt it though - if you've followed what was happening over last few quarters Oracle will likely drop after the numbers are released.
I know, I know, this has nothing to do with layoffs but still - it's my two cents for this Wednesday
Oracle's fake cloud sales practices have everything to do with layoffs. I hope the stock price gets to $50 by the end of the week because it will be even more laughable to watch the price nose dive once the earnings call starts on Monday...
... and meanwhile ORCL is well headed to reach 50 by the end of the week ...
It seems there is a website Marketrealist always writes about Oracle and sugarcoating about Cloud. Hard to believe they know anything about Oracle!