Tag: Computer Services

What does a mature streaming service look like? Netflix is about to show us

Netflix Inc. proved to the world that streaming video could be a big business. Now it will show the world what that business looks like when it hits maturity. Netflix’s growth stage hit warp speed during the COVID-19 pandemic, then fell off in the first quarter after nearly a year of staggering growth. When the […]

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Oracle stock falls despite earnings beat, CEO expects to push more money toward cloud efforts

Oracle Corp. blew away expectations for earnings and sales to close out its fiscal year Tuesday, but shares dipped as executives revealed plans to spend more money developing Oracle’s cloud business. Oracle ORCL, -1.19% on Tuesday reported fiscal fourth-quarter earnings of $4.03 billion, or $1.37 a share, on sales of $11.23 billion, up from $10.44 […]

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