Check out the companies making headlines before the bell. Boeing — The stock sank 4% after Boeing factory workers went on strike early Friday after rejecting a new labor contract. The work stoppage will impact production of most aircrafts, including the 737 Max. Oracle — Shares of the database software company rallied more than 6%. Oracle lifted its fiscal 2026 revenue forecast and shared strong guidance for the 2029 fiscal year.
56 per share on $825 million of revenue. The company's CEO said in a letter that demand "accelerated" into the third quarter and the company expects that to continue into 2025. Adobe — Shares sank more than 8% after the company issued softer-than-expected guidance for the current quarter. Adobe topped fiscal third-quarter estimates on the top and bottom lines.
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Source: CNBC - 🏆 12. / 72 Read more »
Source: CNBC - 🏆 12. / 72 Read more »