Oracle's (ORCL) Q2 gives a modest indication corporate IT spending is up again and bodes well...

|About: Oracle Corporation (ORCL)|By:, SA News Editor

Oracle's (ORCL) Q2 gives a modest indication corporate IT spending is up again and bodes well for the entire industry. While hardware revenues hit $1.1B, it's an open question if Oracle can revive the flagging Sun server business in the long term. Premarket, Oracle is +4.3%.