Oracle earnings miss, stock jumps on Google Cloud, OpenAI deals

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Julie Hyman Notícia

Wall Street Estimates,Oracle Cloud Infrastructure,Openai

Oracle (ORCL) reported fourth quarter results that missed Wall Street estimates.  Adjusted earnings of $1.63 per share fell short of the expected $1.65....

Adjusted earnings of $1.63 per share fell short of the expected $1.65. Adjusted revenue of $14.29 billion missed the estimate of $14.57 billion. However, the company announced a new partnership with Google Cloud -- Wall Street’s most prominent trading desks from JPMorgan Chase & Co. to Citigroup Inc. are urging investors prepare for a stock market jolt this week after the latest inflation print and the Federal Reserve’s interest-rate decision, both of which arrive on Wednesday.

GameStop stock spiraled lower Monday after a wild week that culminated in a livestream from investor Keith Gill, also known as Roaring Kitty. It also said in a filing with the Securities and Exchange Commission on Friday that it was selling up to 75 million shares of the company’s stock. Trade in so-called meme stocks had been reinvigorated this week after a series of posts from Gill showed his position of 5 million shares and 120,000 call options that expire on June 21 with a $20 strike price.

This top TSX stock continues to see shares rise higher but also offers a stable dividend for investors seeking growth and income. The post 1 Top TSX Stock for Dividends and Growth appeared first on The Motley Fool Canada.If you have some spare money to invest, here are my top three stocks to have on your radar! The post Have a Spare $1,000? My Top 3 Stocks to Invest in at the Moment appeared first on The Motley Fool Canada.As global markets display a mixed landscape with regions like the U.S.

 

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