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Oracle Highlights Zoom Video as Top Cloud Computing Customer

TheMotleyFool

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Oracle Highlights Zoom Video as Top Cloud Computing Customer

Database and enterprise software giant Oracle (NYSE: ORCL) reported results for the first quarter of fiscal year 2021 on Thursday, Sept. 10. The company posted modest increase in revenue and a 15% bottom-line jump, returning to growth after a 6% revenue dip in the fourth quarter.

Investors were quick to embrace Oracle's report, driving share prices as much as 8% higher in the Friday session's early trading.

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Source Fool.com

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