Oracle Corp. regaled Wall Street on Monday with talk about the future, enormous demand and some very large cloud-services contracts, but its stock continued a downward trend over concerns about growing costs associated with building out more data centers.

We are on schedule to double our data center capacity this calendar year,” Oracle Chief Technology Officer Larry Ellison said in the earnings release. “Customer demand is a

Oracle ( ORCL -4.11%) is often considered a slow-growth tech giant, but its stock has still rallied more than 260% over the past 10 years. The database software leader impressed investors by expanding its cloud-based services, making smart acquisitions, and repatriating a lot of its overseas cash to repurchase more than a third of its shares.