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-0.00054318305268888 0.000977729494839644 0.00162954915806618 0.00358500814774577 0.00554046713742521 0.000371537208039092 -0.00836501901140695 0.00173818576860398
Stock impact report

The Ratings Game: Oracle buyback-driven earnings beat, cloud growth leaves analysts mixed [MarketWatch]

Oracle Corporation (ORCL) 
Last oracle corporation earnings: 3/12 04:02 pm Check Earnings Report
Company Research Source: MarketWatch
Oracle buyback-driven earnings beat, cloud growth leaves analysts mixed Oracle Corp. shares have given back most of their early gains in midday trading Tuesday, as analysts look to make sense of a mixed quarter and a “murky” outlook. Oracle ORCL, +0.73% shares, which had traded up as much as 6% earlier in the session, were last up 1.3% at $46.29, and mostly in-line with the broader market as the Dow Jones Industrial Average DJIA, +0.91% rose 1.3%, the S&P 500 index SPX, +0.53% gained 0.9%, and the tech-heavy Nasdaq Composite Index COMP, +0.86% gained 1.3%. The company topped Wall Street’s earnings expectations on Monday afternoon , but Oracle also revealed that it repurchased about $10 billion in stock during its fiscal second quarter, the second-straight quarter of $10 billion or more in buybacks. “Oracle continues repurchasing its shares at an eye-opening pace, buying back 203 million shares for about $10 billion, driving about 4 cents of EPS upside in the quarter,” wrot Show less Read more
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