Where Oracle Stacks Up in the Cloud

Company lags the double-digit growth of peers in the revenue segment

Oracle Corp. tumbled the most in more than six years on an intraday basis Tuesday after forecasting slowing sales growth in cloud-related products, fueling concern that the company is struggling in efforts to shift away from traditional software and become a powerhouse in programs delivered over the internet. Its 3.1 percent fiscal third-quarter growth in cloud revenue from the prior, sequential quarter lags the double-digit growth of peers Inc. and Microsoft Corp. Oracle hasn’t posted quarter-over quarter growth over 10 percent for the revenue segment in the last three quarters.

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