https://www.theregister.co.uk/2018/06/15/oracle_downgraded_by_analyst_reporting_cios_plan_to_cut_spending/

Oracle stock has been downgraded by JP Morgan based on its CIO survey that didn't paint a rosy picture for Big Red's cloud services business.

According to analyst JP analyst Mark Murphy, CIOs are planning to cut their spending with Big Red, which has led the investment bank to lower its ratings of the firm's shares from overweight to neutral.