Oracle misses third quarter revenue estimates
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Oracle missed Wall Street expectations for third-quarter revenue on Monday, weighed down by softer enterprise spending on its cloud infrastructure services, and strong competition from larger players. The company reported revenue of $14.13 billion, compared with estimates of $14.39 billion, according to data compiled by LSEG. Shares of the Austin, Texas-based company were marginally down in extended trading. Despite seeing healthy demand for its cloud services, Oracle's overall growth has been
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