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/biz/ - Business & Finance


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3511196 No.3511196 [Reply] [Original]

What happened here?

>> No.3511198
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3511198

>>3511196
>whales accumulating

>> No.3511213

>>3511196
“Investors were responding to the company's latest quarterly report, issued Thursday, in which it offered disappointing guidance for its cloud revenue and profits for its second fiscal quarter.

Oracle forecast its cloud revenue would increase between 39% and 43% in the quarter. That may be fast-paced, but it would represent a slowdown from the 51.4% pace at which its cloud revenue grew in its just-completed first quarter. ”

http://www.businessinsider.com/oracle-stock-dropped-8-after-issuing-disappointing-guidance-2017-9

>> No.3511231

>>3511198
>>3511213
Should I, dare I say, PUMP?

>> No.3511240

>>3511231
+26% YTD, I don't think it's a pump. They have a reasonable PE. investors are just being greety. I think It'll recover a bit.

AMZN and BABA are the real pumps.

>> No.3511325

>>3511231
yea then hodlr to the moon

>> No.3511350

MODS!
Someone is talking about non-crypto. Please ban this.

>> No.3511415

>>3511240
>AMZN and BABA

Don't you mean TSLA? It's high time that company goes bankrupt

>> No.3511426

They bought the Bitcoin peak

>> No.3511574

>>3511415
naw the musk is too stenchy to bet against