Oracle: What Market Malaise?

The software maker beat analysts' expectations last quarter and quelled concernsfor nowthat economic woe will cause companies to curb IT spending

As investors looked to Oracle for any signs the summer's market turmoil might crimp tech-sector sales, the software giant put at least some concerns to rest. Oracle (ORCL) sailed past analysts' estimates for sales, profit, and orders for its August quarter and issued an upbeat forecast for the period that ends in November.

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