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Oracle shares tumbled 6.5% on Monday amid a market-wide sell-off triggered by the escalation of the war in Iran.
Growth stocks just caught a break. The softer September US jobs report, with only 29,000 roles added and unemployment at 4.2%, has cooled expectations for another immediate Federal Reserve rate hike. That takes some pressure off fast expanding businesses that rely on investor confidence. High insider ownership adds…
Tencent has reportedly signed a $7 billion, five-year cloud deal with Oracle.