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The 9th ranked company, Oracle, closed down 12.44%, marking its largest daily decline in the past three months with a transaction volume of $5.846 billion. The company's revenue for the second quarter of fiscal year 2024 was $12.9 billion, slightly lower than the market's expected $13.05 billion; Cloud computing service revenue increased by 25% year-on-year to $4.8 billion, slowing down for the second consecutive quarter.
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