Adobe Falls After Hours, Intel Gains, Oracle Slides

Adobe Falls After Hours, Intel Gains, Oracle Slides

Today's biggest winners and losers in the stock market, a look at the notable movers: On this episode of Stock Movers: - Adobe (ADBE) shares are down 5% in extended trading, after the maker of software for creative professionals reported its second-quarter results and gave an outlook. The company also announced that CFO Dan Durn would be departing the company June 15; this comes after the CEO announced he would resign earlier this year. - Intel (INTC) shares jumped on Thursday as Bank of America turned bullish on the chipmaker and upgraded it to a buy rating, citing increased certainty about the company’s ability to succeed in the artificial intelligence era. The shares jumped 9.3% to $116.96, and while Wall Street analysts are relatively unenthusiastic about Intel, 17 of the analysts tracked by Bloomberg recommend buying Intel shares. - Oracle (ORCL) fall 12% after the company reported quarterly capital expenses that were higher than estimates, raising investor concerns about the profitability of the AI infrastructure business. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Airlines Soar, Oracle Sinks, Intel Gains

Today's biggest winners and losers in the stock market, a look at the notable movers: On this episode of Stock Movers: - Airlines such as United Airlines (UAL) and Delta (DAL) soar after President Donald Trump said he canceled planned military strikes against Iran. UAL gains 6.74% while DAL gains 5.15% - Oracle (ORCL) shares fall as much as 12% in premarket trading on Thursday after the software company reported quarterly capital expenses that were higher than estimates, driven by increased data center spending. The heavy spending overshadowed fourth-quarter results that were slightly better than expected on key metrics, including cloud infrastructure revenue. - Intel (INTC) shares rose as much as 12% after BofA Global Research raised its recommendation to buy from underperform on expected growth from central processing unit sales. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Oracle Falls, Intel Rises, Keurig Dr Pepper Drops as Holder Said to Be Selling 59.1 Million Shares

n this episode of Stock Movers: - Oracle (ORCL) shares declined after the company reported quarterly capital expenses that were higher than estimates, raising investor concerns about the profitability of the AI infrastructure business. The company expects to spend about $70 billion on net capital expenditures in the current fiscal year, and plans to raise another $40 billion in equity and debt. - Intel (INTC) shares rose as much as 12% after BofA Global Research raised its recommendation to buy from underperform on expected growth from central processing unit sales. - Keurig Dr Pepper (KDP) shares drop. A large holder is selling 59.1 million shares of beverage maker Keurig Dr Pepper Inc. in an unregistered block trade marketed for $31.10 to $31.70 per share, according to people familiar with the matter. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Oracle Drops, Redwire Rises, AMC Gains as Price Target Raised

On this episode of Stock Movers: - Oracle (ORCL) shares declined after the company reported quarterly capital expenses that were higher than estimates, raising investor concerns about the profitability of the AI infrastructure business. The company expects to spend about $70 billion on net capital expenditures in the current fiscal year, and plans to raise another $40 billion in equity and debt. - Redwire (RDW) shares rise. Redwire filed for possible offering of shares via Truist Securities, JPMorgan, BofA Securities, Texas Capital Securities, AGP/Alliance Global Partners, B. Riley Securities, Canaccord Genuity, HC Wainwright, KeyBanc Capital Markets, Roth Capital Partners. - AMC Entertainment (AMC) shares gain. B. Riley analyst Drew Crum raised the firm's price target on AMC Entertainment to $2.25 from $2 and keeps a Buy rating on the shares. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Oracle Lower; Hugo Boss Offer and Stitch Fix Outlook

On this episode of Stock Movers: - Oracle (ORCL) shares are lower after the company reported quarterly capital expenses that were higher than estimates. The company expects to spend about $70 billion on net capital expenditures in the current fiscal year, which ends in May 2027. - Hugo Boss (BOSS) shares are moving on news Frasers Group Plc offered to buy the rest of Hugo Boss AG for about €2 billion ($2.3 billion) as billionaire Mike Ashley seeks to add another fashion brand to his growing collection. - Stitch Fix (SFIX) shares are moving as it bumped up its fiscal-year outlook after revenue rose in its latest quarter, citing a boost from efforts to improve its customer experience and assortment. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.