https://www.wsj.com/articles/oracle-revenues-up-1-sending-shares-lower-after-hours-1537217573
On a conference call with analysts Monday, Oracle executive chairman Larry Ellison touted what he said was the company’s top position in ERP, or enterprise resource planning, cloud software.
He also said Oracle may be behind Amazon in terms of cloud infrastructure market share, but said the firm is “way ahead” in terms of cloud-infrastructure technology, which should help it gain market share “very, very rapidly.”
LOL!!
Through Monday, Oracle shares were up 4% this year. That lags behind the S&P 500 information technology sector index, which was up almost 19% so far this year, according to Thomson Reuters.
Looks like another year of falling behind, lying to cover it up, and propping up the stock with billions of dollars.