Oracle Stock Falls After Snowflake, Salesforce Added to Cloud-Computing Gloom

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Cloud-computing stocks fell in premarket trading on Thursday after


Salesforce


and


Snowflake


gave disappointing updates, underlining an anticipated slowdown in technology spending by corporate clients.

Business-software giant


Oracle


(ORCL) was down 0.6% and database-software provider


MongoDB


(MDB) was down 0.7%.

Source