Oracle (ORCL) Slumps To Downside, But Increasing Traction In Cloud Stocks

We see increasing traction for cloud infrastructure and database services, says John Freeman on Oracle (ORCL). He and Julie Bhusal Sharma recap ORCL's earnings report. John notes that he is not seeing an upside in the stock, and Julie says shares are overvalued as it faces stiff competition. They also talk about how Morningstar has a two-star rating and a $67 price target on ORCL. Finally, they go over the outlook for cloud stocks, such as Microsoft (MSFT), GitLab (GTLB), and Snowflake (SNOW). Tune in to find out more about the stock market today.