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An exterior view of the Oracle Field Office at Wilson Boulevard in Arlington, Virginia, U.S., October 18, 2019.  Earlier in the day, Oracle CEO Mark Hurd passed away at the age of 62.

Oracle Bets On Cloud Boom To Forecast Upbeat Profit

Oracle Corp forecast fourth-quarter profit above Wall Street estimates as the legacy software firm expects its heavy cloud investments to pay off, as more businesses ramp up their spending to support hybrid work and transition to cloud.
Small figurines are seen in front of displayed word "Inflation", EU flag and rising stock graph in this illustration taken February 11, 2022.

Inflation Is Turning Into A Global Problem

Rising inflation worldwide undermines consumer spending, the most significant component of every country’s Gross Domestic Product, and raises serious concerns among economists about the fate of the economic recovery from the pandemic recession.

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