Tag: NYSE:ORCL
-
$5.8 Billion Offer for Macy’s, Cigna Ends Acquisition Negotiations, and More
U.S. index futures were slightly down in pre-market trading this Monday, in a week marked by monetary policy decisions, the last meeting of the Federal Reserve of 2023. The yield on 10-year Treasury bonds was at 4.254%. In the commodities market, West Texas Intermediate crude oil for January fell 0.67% to $70.75 per barrel. Brent…
-
Tuesday’s Wall Street Highlights: Teck Resources, Starbucks, Nvidia, Fisker, Home Depot, and more
In Tuesday’s pre-market trading, U.S. index futures are showing positive performance. Investors worldwide are carefully analyzing quarterly earnings reports, as well as significant economic indicators from Europe. Concurrently, there is growing anticipation for the release of U.S. inflation data for October. It is estimated that these figures will indicate a slowing trend in inflation compared…
-
Monday’s Wall Street Highlights: Ford, Amazon, Paramount, Nike and more
US index futures are down in pre-market trading this Monday, amid a broad return of risk aversion sentiment, due to indications from central banks that interest rates will remain high for an extended period. At 06:55, Dow Jones (DOWI:DJI) futures dropped 15 points, or 0.04%. S&P 500 futures fell 0.05% and Nasdaq-100 futures fell 0.08%.…
-
Friday’s Wall Street Highlights: News Corp, Activision Blizzard, Scholastic, AstraZeneca, Alibaba, and more
US index futures are appreciating in this Friday’s pre-market, awaiting the release of activity data in the country. However, the market is poised to conclude the week with notable declines, reacting to signals from central banks that interest rates will persistently stay elevated to curb inflation. At 7:00 am, Dow Jones futures (DOWI:DJI) increased by…
-
Wednesday’s Wall Street Highlights: Amazon, Dollar General, Oracle, Ford, nCino, and more
US index futures are higher in pre-market trading on Wednesday, the most anticipated day of the week, when the Federal Reserve will release its monetary policy decision. At 7:19 AM, Dow Jones futures (DOWI:DJI) rose by 79 points, or 0.23%. S&P 500 futures also increased by 0.23%, and Nasdaq-100 futures were up by 0.21%. The…
-
Friday’s Wall Street Highlights: Ford Motor, Arm, Salesforce, Adobe, Visa, MGM and more
US index futures are mixed in Friday’s pre-market trading, a day after the interest rate hike in Europe and following oil hitting a 10-month high, surpassing the $94 mark, along with improved data from China indicating recent stimulus measures have taken effect. Investors are also monitoring a workers’ union strike at 3 automakers and Arm…
-
Wednesday’s Wall Street Highlights: Apple, Xpeng, GoDaddy, BP, UBS, Nike, and more
US index futures are falling in pre-market trading on Wednesday, a crucial day for markets due to the presentation of US inflation data. This data could impact the Federal Reserve’s decision on monetary policy next week. At 7:07 AM, Dow Jones futures (DOWI:DJI) fell 52 points, or 0.15%. S&P 500 futures were down 0.14% and Nasdaq-100 futures…
-
Keep An Eye Out: Pre-Market Movers And Recommendations
3M (NYSE:MMM): Melius Research maintains its hold recommendation with a reduced target price of $158. Adobe (NASDAQ:ADBE): RBC Capital maintains its outperform rating with a raised target price of $615. Air Products & Chemicals (NYSE:APD): Alembic Global Advisors maintains its overweight recommendation with a target price raised from $350 to $355. Block (NYSE:SQ): Baird downgrades…
-
Tuesday’s Wall Street Highlights: Apple, Acelyrin, WestRock, Oracle, UPS, and more
US index futures are falling in Tuesday’s pre-market, with investors digesting European indicators waiting for American inflation, which will be released tomorrow and should give clues about the Federal Reserve’s next steps. At 7:01 AM, Dow Jones futures (DOWI:DJI) fell 46 points, or 0.13%. S&P 500 futures were down 0.14% and Nasdaq-100 futures were down 0.19%. The…
-
Oracle’s Stock Takes a 9% Dive as Cloud Forecast Disappoints; Goldman Sachs Cautions on High Expectations
Oracle’s fiscal first-quarter results, which exceeded analysts’ expectations, were driven by businesses’ growing interest in developing generative artificial intelligence applications, leading to increased demand for cloud services. Although Oracle Corporation’s (NYSE:ORCL) shares initially dipped more than 3% in after-hours trading after the report, they fell as much as 9% following a cautious outlook provided by…