Oracle's shares fell to an eight-month low yesterday because of concern over the database supplier's third quarter earnings, scheduled to be announced tomorrow. Shares slipped 1 5/8 to 34 1/8 as analysts expressed fears that the results would be hit by increased competition from Microsoft, another round of poor European sales and slow market growth in Japan. Oracle's shares were also hit last week, falling eight per cent after John Faig at Paine Webber said he expected the database market in general to slow this year. He cut his earnings estimates for Oracle to $1.60 from $1.70 for its fiscal year ending May 1998.
Are you paying attention?
Private equity firm Permira only acquired Magento from eBay for $200m three years ago
Before robots can take over from humans, we need more humans
It's not easy not being evil