Beneath Red Hat’s and Oracle’s Earnings Reports

There are probably a lot of smiles in Raleigh and Redwood Shores this week. Both Red Hat and Oracle turned in quarterly earnings reports that greatly beat expectations. Wall Street blessed both companies for the news, as the value of Red Hat’s stock rose by 10.6 percent in early trading after the announcement and Oracle saw a 9 percent spike.

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from Beneath Red Hat’s and Oracle’s Earnings Reports

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