U.S. Markets closed

Salesforce.com vs. Oracle: Which Is the Better Cloud Stock?

Daniel Martins

Salesforce gave first quarter guidance that lagged consensus estimates, while Oracle reported weak sales growth, with a previously expected pick-up in the second half of fiscal 2019 not materializing. Both stocks wobbled following the release of their financial results, with Oracle falling by as much as 3% and Salesforce dipping 5% intraday. Salesforce.com was born a cloud service provider, as reflected in its "no (legacy) software" mantra.