Shares of U.S. chipmaker Intel were leading the S&P higher as stocks edged upward on a holiday-shortened Black Friday session expected to be light on trading volume and corporate news. All three of the major indexes were modestly higher, led by the blue-chip Dow, in late-morning trading. It’s an abridged day for traders after yesterday’s […]
Intel Rises, Nvidia and Oracle Slip; Bitcoin Price Near $92,000 Read More »
Major U.S. equities indexes gained Friday afternoon as comments from a Federal Reserve official boosted confidence in the likelihood of an interest rate cut in December. The Dow climbed 1.4%, the S&P 500 rose 1.2%, and the Nasdaq was up 1.1%. Ross Stores (ROST) was the best-performing stock in the S&P 500 after the off-price
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Key Takeaways Oracle’s stock has plunged since hitting an all-time high in September as the company has become a poster child for growing investor concerns that an AI bubble has formed. The company is enmeshed in the web of deals linking different parts of the AI complex together, which means that its pain could be
What’s Going on With Oracle? Its Stock Price Has Dropped More Than 40% in Two Months. Read More »
Key Takeaways An off-price apparel retailer benefitted from solid results and an improved outlook on Friday, Nov. 21, 2025, while losses mounted for an enterprise software giant. Ross Stores topped quarterly expectations and raised its outlook for the key holiday period, and shares of the discount retailer surged. Oracle shares extended their recent downtrend amid
Oracle among firms to enable TikTok to continue operations in US, CBS News reports
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The Biggest S&P 500 Movers on Thursday 50 minutes ago Advancers: Shares of Warner Bros. Discovery (WBD) skyrocketed 29%, outpacing all other S&P 500 constituents, following a report that fellow media giant Paramount Skydance (PSKY) was exploring a takeover bid. According to The Wall Street Journal, the deal is backed by the family of Paramount Skydance
KEY TAKEAWAYS Oracle shares advanced in premarket trading Thursday, a day after soaring 36% in their best session since 1992. The surge in Oracle stock yesterday briefly lifted the net worth of chair and co-founder Larry Ellison above that of Elon Musk to become the world’s richest person, according to Bloomberg. Several analysts have lifted
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The company’s forecast is shocking, but a lot still has to go right. For years, database giant Oracle (ORCL 35.96%) struggled to make a dent in the cloud computing market. Amazon Web Services, Microsoft Azure, and even Alphabet‘s Google Cloud ran circles around the company. Artificial intelligence (AI) is now changing everything. Demand for AI
Oracle Is Turning Into an AI Monster, but Risks Remain Read More »
Key Takeaways The S&P 500 gained 0.3% on Wednesday, Sept. 10, 2025, as a report showed an unexpected downtick in wholesale inflation ahead of Thursday’s Consumer Price Index release. Oracle guided for impressive growth from its cloud infrastructure business, citing strong AI demand, and shares of the enterprise software giant ripped higher. Synopsys shares plunged
Oracle Stock Soars, While Synopsys Staggers Read More »
Stocks closed mixed Wednesday, though two of the three main indexes notched new record closing highs. In focus was an encouraging reading on wholesale prices, as well as a broader rally in artificial intelligence (AI) stocks, while market participants also kept a close eye on the latest offering to hit the Street. Ahead of the
S&P 500 Hits New High After Oracle Earnings: Stock Market Today Read More »