InvestorPlace - Stock Market News, Stock Advice & Trading Tips CVX stock has experienced some weakness lately, but don't assume that means strong long-term…
On Monday, Oracle Corporation (NYSE: ORCL) fell short with its fiscal first quarter and revenue guidance. Shares went down 9% during extended trading. Although Oracle remains much smaller compared to Amazon (NASDAQ: AMZN), Microsoft Corporation (NASDAQ: MSFT) and Google, Oracle touted contracts with AI development companies. Fiscal First Quarter Highlights For its fiscal first quarter that ended on August 31st, the database software maker reported revenue grew 9% to $12.45 billion, below LSEG’s
"We believe that the long-term growth opportunity for Zomato is very strong and we are expecting it to turn EBITDA positive by the fourth quarter of this year which should result in a strong profitability going forward. For FY24, we have a PAT of 1.3 billion. And for next year, FY25, it should increase to Rs 8 billion. Hence, the momentum for Zomato should continue."
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