Shares of Oracle were lower after the enterprise information technology company, looking to catch up in offering more cloud services and systems, reported a first-quarter revenue miss. The company's cloud license and on-premise license business was the biggest disappointment in the quarter with revenue falling 8% to $813 million. Larry Ellison, Oracle's chairman and chief technology officer, said the Austin company is poised to become one of the leading cloud infrastructure companies. Shares are up 35,6% for 2021.